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Time Warner, Inc.$88.71$.70.80%

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Income Statement for Time Warner, Inc.
(Amounts are in millions) 12/2016 12/2015 12/2014
Press Release Press Release Press Release
Net Sales or Revenues $29,318.00 $28,118.00 $27,359.00
Cost of Goods Sold $16,376.00 $16,154.00 $15,875.00
Gross Profit $12,942.00 $11,964.00 $11,484.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $5,205.00 $4,910.00 $5,307.00
Income Before Depreciation $7,737.00 $7,054.00 $6,177.00
       
Depreciation, Depletion, Amortization $190.00 $189.00 $202.00
Non-Operating Income ($1,191.00) ($256.00) ($127.00)
Interest Expense $1,161.00 $1,163.00 $1,169.00
Pretax Income $5,195.00 $5,446.00 $4,679.00
       
Provision for Income Taxes $1,281.00 $1,651.00 $785.00
Minority Interest ($1.00) ($1.00) $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $3,914.00 $3,795.00 $3,894.00
       
Extraordinary Items & Disc. Operations $11.00 $37.00 ($67.00)
Net Income $3,926.00 $3,833.00 $3,827.00
       
Basic Earnings Per Share $5.01 $4.69 $4.42
Diluted Earnings Per Share $4.96 $4.62 $4.34
       
Weighted Average Basic Shares Outstanding 780.80 814.90 863.30
Weighted Average Diluted Shares Outstanding 792.30 829.50 882.60
       
Income Before Non-Recurring Items $4,641.00 $3,944.00 $3,660.00
Income From Non-Recurring Items ($726.00) ($148.00) $234.00
Diluted Earnings Per Share before extras $5.86 $4.75 $4.15
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $1,242.65 $1,119.27 $3,525.83
Dividend Per Share (common) $1.61 $1.40 $4.21




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