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Microsoft Excel LibreOffice Calc

Merck & Co. Inc. (MRK)

Income Statement

Beginner level

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Merck & Co. Inc., consolidated income statement

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Sales
Cost of sales
Gross margin
Selling, general and administrative
Research and development
Restructuring costs
Operating income
Interest income
Interest expense
Exchange gains (losses)
Income on investments in equity securities, net
Net periodic defined benefit plan credit other than service cost
Other, net
Other income (expense), net
Income before taxes
Taxes on income
Net income
Net (income) loss attributable to noncontrolling interests
Net income attributable to Merck & Co., Inc.

Based on: 10-K (filing date: 2020-02-26), 10-K (filing date: 2019-02-27), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-26).

Income statement item Description The company
Sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Merck & Co. Inc.’s sales increased from 2017 to 2018 and from 2018 to 2019.
Operating income The net result for the period of deducting operating expenses from operating revenues. Merck & Co. Inc.’s operating income increased from 2017 to 2018 and from 2018 to 2019.
Income before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Merck & Co. Inc.’s income before taxes increased from 2017 to 2018 and from 2018 to 2019.
Net income attributable to Merck & Co., Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Merck & Co. Inc.’s net income attributable to Merck & Co., Inc. increased from 2017 to 2018 and from 2018 to 2019.