DuPont 2011 Annual Report Download - page 52

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Table of Contents
E. I. du Pont de Nemours and Company
Consolidated Financial Statements
CONSOLIDATED INCOME STATEMENTS
(Dollars in millions, except per share)
For the year ended December 31, 2011 2010 2009
Net sales $ 37,961 $ 31,505 $ 26,109
Other income, net 758 1,228 1,219
Total 38,719 32,733 27,328
Cost of goods sold and other operating charges 27,814 23,146 19,708
Selling, general and administrative expenses 4,170 3,669 3,440
Research and development expense 1,956 1,651 1,378
Interest expense 447 590 408
Employee separation/asset related charges, net 50 (34) 210
Total 34,437 29,022 25,144
Income before income taxes 4,282 3,711 2,184
Provision for income taxes 772 659 415
Net income 3,510 3,052 1,769
Less: Net income attributable to noncontrolling interests 36 21 14
Net income attributable to DuPont $ 3,474 $ 3,031 $ 1,755
Basic earnings per share of common stock $ 3.73 $ 3.32 $ 1.93
Diluted earnings per share of common stock $ 3.68 $ 3.28 $ 1.92
See Notes to the Consolidated Financial Statements beginning on page F-8.
F-4