Amgen 2015 Annual Report Download - page 80

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F-2
AMGEN INC.
CONSOLIDATED STATEMENTS OF INCOME
Years ended December 31, 2015, 2014 and 2013
(In millions, except per share data)
2015 2014 2013
Revenues:
Product sales $ 20,944 $ 19,327 $ 18,192
Other revenues 718 736 484
Total revenues 21,662 20,063 18,676
Operating expenses:
Cost of sales 4,227 4,422 3,346
Research and development 4,070 4,297 4,083
Selling, general and administrative 4,846 4,699 5,184
Other 49 454 196
Total operating expenses 13,192 13,872 12,809
Operating income 8,470 6,191 5,867
Interest expense, net 1,095 1,071 1,022
Interest and other income, net 603 465 420
Income before income taxes 7,978 5,585 5,265
Provision for income taxes 1,039 427 184
Net income $ 6,939 $ 5,158 $ 5,081
Earnings per share:
Basic $ 9.15 $ 6.80 $ 6.75
Diluted $ 9.06 $ 6.70 $ 6.64
Shares used in the calculation of earnings per share:
Basic 758 759 753
Diluted 766 770 765
See accompanying notes.