Emerson 2006 Annual Report Download - page 37

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Consolidated Statements of Earnings
  2004 2005 2006
 $15,615 17,305 
Costs and expenses:
Cost of sales 10,049 11,122 
Selling, general and administrative expenses 3,281 3,595 
Other deductions, net 223 230 
Interest expense (net of interest income: 2004, $24; 2005, $34; 2006, $18) 210 209 
 1,852 2,149 
Income taxes (2005 includes a $63 expense for repatriation
under the American Jobs Creation Act) 595 727 
 $ 1,257 1,422 
 $ 3.00 3.43 
 $ 2.98 3.40 
                                  
Years ended September 30 | Dollars in millions, except per share amounts
34 | 35
See accompanying Notes to Consolidated Financial Statements.