| Income Statement for State Street Corp. |
| (Amounts are in millions) |
|
12/2018 |
|
12/2017 |
|
12/2016 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$12,973.00 |
|
$11,774.00 |
|
$10,635.00 |
| Cost of Goods Sold |
|
$363.00 |
|
$163.00 |
|
$85.00 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$12,610.00 |
|
$11,611.00 |
|
$10,550.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$8,733.00 |
|
$7,791.00 |
|
$7,671.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$3,877.00 |
|
$3,820.00 |
|
$2,879.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$226.00 |
|
$214.00 |
|
$207.00 |
| Non-Operating Income |
|
($24.00) |
|
($266.00) |
|
($209.00) |
| Interest Expense |
|
$628.00 |
|
$441.00 |
|
$343.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$2,999.00 |
|
$2,899.00 |
|
$2,120.00 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$400.00 |
|
$722.00 |
|
($22.00) |
| Minority Interest |
|
$0.00 |
|
$0.00 |
|
($1.00) |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$2,599.00 |
|
$2,177.00 |
|
$2,143.00 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$2,599.00 |
|
$2,177.00 |
|
$2,143.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$6.48 |
|
$5.32 |
|
$5.03 |
| Diluted Earnings Per Share |
|
$6.40 |
|
$5.24 |
|
$4.97 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
371.98 |
|
374.79 |
|
391.49 |
| Weighted Average Diluted Shares Outstanding |
|
376.48 |
|
380.21 |
|
396.09 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$2,908.00 |
|
$2,447.00 |
|
$2,261.83 |
| Income From Non-Recurring Items |
|
($309.00) |
|
($270.00) |
|
($118.83) |
| Diluted Earnings Per Share before extras |
|
$7.22 |
|
$5.96 |
|
$5.27 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
$188.55 |
|
$183.10 |
|
$173.83 |
| Dividend (common) |
|
$675.57 |
|
$600.76 |
|
$555.46 |
| Dividend Per Share (common) |
|
$1.78 |
|
$1.60 |
|
$1.44 |
|
