DuPont 2014 Annual Report Download - page 18

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Part II
ITEM 6. SELECTED FINANCIAL DATA
17
(Dollars in millions, except per share) 2014 2013 2012 2011 2010
Summary of operations1
Net sales $ 34,723 $ 35,734 $ 34,812 $ 33,681 $ 27,700
Employee separation / asset related charges, net $ 497 $ 114 $ 493 $ 53 $ (40)
Income from continuing operations before income taxes $ 4,991 $ 3,489 $ 3,088 $ 3,879 $ 3,259
Provision for income taxes on continuing operations $ 1,370 $ 626 $ 616 $ 647 $ 518
Net income attributable to DuPont $ 3,625 $ 4,848 $ 2,755 $ 3,559 $ 3,022
Basic earnings per share of common stock from continuing operations $ 3.94 $ 3.07 $ 2.61 $ 3.43 $ 2.98
Diluted earnings per share of common stock from continuing operations $ 3.90 $ 3.04 $ 2.59 $ 3.38 $ 2.94
Financial position at year-end1
Working capital2$ 9,108 $ 11,017 $ 7,765 $ 7,030 $ 9,733
Total assets3$ 49,876 $ 51,499 $ 49,859 $ 48,643 $ 40,470
Borrowings and capital lease obligations
Short-term $ 1,423 $ 1,721 $ 1,275 $ 817 $ 133
Long-term $ 9,271 $ 10,741 $ 10,465 $ 11,736 $ 10,137
Total equity $ 13,378 $ 16,286 $ 10,299 $ 9,208 $ 9,800
General1
For the year
Purchases of property, plant & equipment and investments in
affiliates $ 2,062 $ 1,940 $ 1,890 $ 1,910 $ 1,608
Depreciation $ 1,254 $ 1,280 $ 1,319 $ 1,199 $ 1,118
Research and development expense $ 2,067 $ 2,153 $ 2,123 $ 1,960 $ 1,650
Weighted-average number of common shares outstanding (millions)
Basic 915 926 933 928 909
Diluted 922 933 942 941 922
Dividends per common share $ 1.84 $ 1.78 $ 1.70 $ 1.64 $ 1.64
At year-end
Employees (thousands) 63 64 70 70 60
Closing stock price $ 73.94 $ 64.97 $ 44.98 $ 45.78 $ 49.88
Common stockholders of record (thousands) 66 70 74 78 81
1. Information has been restated to reflect the impact of discontinued operations, as applicable. See Note 1, Basis of Presentation, to the Consolidated Financial
Statements for further information.
2. At December 31, 2012, working capital included approximately $2 billion of net assets related to the Performance Coatings business, of which approximately
$1.3 billion was previously considered to be noncurrent and was classified as held for sale as of December 31, 2012. Working capital at December 31, 2013
includes cash received from the sale of the Performance Coatings business. See Note 2 to the Consolidated Financial Statements for further information.
3. During 2011, the company acquired approximately $8.8 billion of assets in connection with the Danisco acquisition.