Motorola 2001 Annual Report Download - page 29

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MOTOROLA, INC. AND SUBSIDIARIES 27
In millions, except per share amounts Years ended December 31, 2001 2000 1999
Consolidated statements of operations
Net sales $30,004 $37,580 $33,075
Costs and expenses
Manufacturing and other costs of sales 21,445 23,628 20,631
Selling, general and administrative expenses 3,703 5,141 5,220
Research and development expenditures 4,318 4,437 3,560
Depreciation expense 2,357 2,352 2,243
Reorganization of businesses 1,858 596 (226)
Other charges 3,328 517 1,406
Interest expense, net 437 248 138
Gains on sales of investments and businesses (1,931) (1,570) (1,180)
Total costs and expenses 35,515 35,349 31,792
Earnings (loss) before income taxes (5,511) 2,231 1,283
Income tax provision (1,574) 913 392
Net earnings (loss) $«(3,937) $÷1,318 $÷«÷891
Basic earnings (loss) per common share $÷«(1.78) $÷««0.61 $÷««0.42
Diluted earnings (loss) per common share $«««(1.78) $«÷«0.58 $«÷«0.41
Basic weighted average common shares outstanding 2,213.3 2,170.1 2,119.5
Diluted weighted average common shares outstanding 2,213.3 2,256.6 2,202.0