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Time Warner, Inc.$96.04($.32)(.33%)

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Income Statement for Time Warner, Inc.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $31,271.00 $29,318.00 $28,118.00
Cost of Goods Sold $17,647.00 $16,376.00 $16,154.00
Gross Profit $13,624.00 $12,942.00 $11,964.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $5,507.00 $5,205.00 $4,910.00
Income Before Depreciation $8,117.00 $7,737.00 $7,054.00
       
Depreciation, Depletion, Amortization $197.00 $190.00 $189.00
Non-Operating Income ($970.00) ($1,191.00) ($256.00)
Interest Expense $1,005.00 $1,161.00 $1,163.00
Pretax Income $5,945.00 $5,195.00 $5,446.00
       
Provision for Income Taxes $701.00 $1,281.00 $1,651.00
Minority Interest ($3.00) ($1.00) ($1.00)
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $5,244.00 $3,914.00 $3,795.00
       
Extraordinary Items & Disc. Operations $0.00 $11.00 $37.00
Net Income $5,247.00 $3,926.00 $3,833.00
       
Basic Earnings Per Share $6.73 $5.01 $4.69
Diluted Earnings Per Share $6.64 $4.96 $4.62
       
Weighted Average Basic Shares Outstanding 776.60 780.80 814.90
Weighted Average Diluted Shares Outstanding 790.70 792.30 829.50
       
Income Before Non-Recurring Items $5,069.86 $4,641.00 $3,944.00
Income From Non-Recurring Items $177.14 ($726.00) ($148.00)
Diluted Earnings Per Share before extras $6.42 $5.86 $4.75
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $1,253.54 $1,242.65 $1,119.27
Dividend Per Share (common) $1.61 $1.61 $1.40




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