Kraft 2009 Annual Report Download - page 236

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Quarterly Financial Data (Unaudited):
Quarterly Financial Data
(Unaudited): (USD $)
12 Months Ended
12/31/2009
Quarterly Financial Data (Unaudited):
Note 17. Quarterly Financial Data (Unaudited):
2009 Quarters
First Second Third Fourth
(in millions, except per share data)
Net revenues $ 9,396 $ 10,162 $ 9,803 $ 11,025
Gross profit $ 3,265 $ 3,665 $ 3,541 $ 4,129
Earnings from
continuing
operations $ 662 $ 829 $ 826 $ 711
Earnings and gain
from discontinued
operations, net of
income taxes - - - -
Net earnings 662 829 826 711
Noncontrolling
interest 2 2 2 1
Net earnings
attributable to
Kraft Foods $ 660 $ 827 $ 824 $ 710
Weighted-average
shares for diluted
EPS 1,483 1,484 1,487 1,487
Per share data:
Basic EPS
attributable to
Kraft Foods:
Continuing
operations $ 0.45 $ 0.56 $ 0.56 $ 0.48
Discontinued
operations - - - -
Net earnings
attributable to
Kraft Foods $ 0.45 $ 0.56 $ 0.56 $ 0.48
Diluted EPS
attributable to
Kraft Foods:
Continuing
operations $ 0.45 $ 0.56 $ 0.55 $ 0.48
Discontinued
operations - - - -
Net earnings
attributable to
Kraft Foods $ 0.45 $ 0.56 $ 0.55 $ 0.48
Dividends
declared $ 0.29 $ 0.29 $ 0.29 $ 0.29
Market price -
high $ 29.84 $ 27.24 $ 29.11 $ 27.84
-
low $ 20.81 $ 21.94 $ 25.41 $ 25.72
During 2009, we recorded the following pre-tax charges / (gains) in earnings from continuing operations:
2009 Quarters
First Second Third Fourth
(in millions)
Asset impairment
and exit costs $ - $ (26) $ - $ (38)
(Gains) / losses on
divestitures, net - 17 - (11)
$ - $ (9) $ - $ (49)
2008 Quarters
First Second Third Fourth
(in millions, except per share data)
Net revenues $ 10,046 $ 10,804 $ 10,401 $ 10,681
Source: KRAFT FOODS INC, 10-K, February 25, 2010 Powered by Morningstar® Document Research