1) How many (#) Common Shares are outstanding

2) Change in $ (and direction) of retained earnings (deficit) (need 3 years info to calc)

Consolidated Statements of Stockholders' Equity (Millions of dollars, except per-share amounts) Common Stock Paid-in Capital Retained Earnings Treasury Common Stock AOCI Balance, December 31, 2016 $ 1,741 $ 1,674 $ 33,107 $ (25,523) $ (526) 3,682 (2,104) (138) |||| 621 (2,556) 2017 Net income Dividends declared and paid ($2.12 per share) Common stock issued for stock-based awards Stock repurchases .. Stock compensation. Other comprehensive income (loss), net of taxes Dividend equivalents on RSUS Other Balance, December 31, 2017 242 FORM 10-K 142 (2) 1,776 (17) (6) 34,662 1,741 (27,458) (384) 5,580 (2,555) 2018 Net income ... Dividends declared and paid ($2.63 per share) Common stock issued for stock-based awards Stock repurchases .. Stock compensation Other comprehensive income (loss), net of taxes Dividend equivalents on RSUS Cumulative effect of accounting changes |||| (55) 428 (5,100) 232 (17) 236 (30) Other ... (3) 1,950 Balance, December 31, 2018 1,741 37,906 (32,130) (473) 5,017 (3,008) (55) 594 (2,960) III 2019 Net income ..... Dividends declared and paid ($3.21 per share) Common stock issued for stock-based awards Stock repurchases Stock compensation Other comprehensive income (loss), net of taxes Dividend equivalents on RSUS Other Balance, December 31, 2019 IIIIIII! 217 111T 126 11 (2) $ 2,110 $ 1,741 $ 39,898 $ (34,495) $ (347) See accompanying notes. Consolidated Statements of Cash Flows (Millions of dollars) For Years Ended December 31, 2019 2018 2017 Cash flows from operating activities Net income..... $ 5,017 $ 5,580 $ 3,682 708 288 54 217 (23) 81 590 318 46 232 (3) (105) 539 318 47 242 112 Adjustments to net income: Depreciation Amortization of acquisition-related intangibles Amortization of capitalized software Stock compensation Gains on sales of assets Deferred taxes Increase (decrease) from changes in: Accounts receivable Inventories Prepaid expenses and other current assets Accounts payable and accrued expenses Accrued compensation Income taxes payable Changes in funded status of retirement plans Other Cash flows from operating activities FORM 10-K 133 216 265 (93) (15) 71 (282) 669 (7) (7) 158 36 (107) 7,189 (7) (167) 76 51 (3) 468 21 (16) 5,363 (193) 29 (35) 6,649 Cash flows from investing activities Capital expenditures Proceeds from asset sales Purchases of short-term investments Proceeds from short-term investments Other Cash flows from investing activities (847) 30 (3,444) 2,309 32 (1,920) (1,131) 9 (5,641) 6,708 (23) (695) 40 (4,555) 4,095 (12) (1,127) (78) Cash flows from financing activities Proceeds from issuance of long-term debt Repayment of debt Dividends paid Stock repurchases Proceeds from common stock transactions Other ... Cash flows from financing activities 1,491 (750) (3,008) (2,960) 539 (42) (4,730) 1,500 (500) (2,555) (5,100) 373 (47) (6,329) 1,099 (625) (2,104) (2,556) 483 (31) (3,734) Net change in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period (1) 2,438 $ 2,437 782 1,656 $ 2,438 502 1,154 $ 1,656 See accompanying notes. Consolidated Statements of Income (Millions of dollars, except share and per-share amounts) For Years Ended December 31, 2019 2018 2017 Revenue Cost of revenue (COR) Gross profit Research and development (R&D). Selling, general and administrative (SG&A) Acquisition charges Restructuring charges/other Operating profit Other income (expense), net (OI&E) Interest and debt expense Income before income taxes Provision for income taxes Net income $ 14,383 5,219 9,164 1,544 1,645 288 (36) 5,723 175 170 $ 15,784 5,507 10,277 1,559 1,684 318 3 6,713 98 125 6,686 1,106 $ 14,961 5,347 9,614 1,508 1,694 318 11 6,083 75 78 FORM 10-K 5,728 711 6,080 2,398 $ 5,017 $ 5,580 $ 3,682 Earnings per common share (EPS): Basic $ 5.33 $ 5.71 $ 3.68 Diluted $ 5.24 $ 5.59 $ 3.61 Average shares outstanding (millions): Basic 936 970 991 Diluted 952 990 1,012 A portion of net income is allocated to unvested restricted stock units (RSUS) on which we pay dividend equivalents. Diluted EPS is calculated using the following: Net income Income allocated to RSUS Income allocated to common stock for diluted EPS $ 5,017 (31) $ 4,986 $ 5,580 (42) $ 5,538 $ 3,682 (33) $ 3,649 See accompanying notes. Consolidated Balance Sheets (Millions of dollars, except share amounts) December 31, 2019 2018 $ 2,437 2,950 1,074 176 916 909 FORM 10-K Assets Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net of allowances of ($8) and ($19) Raw materials Work in process Finished goods Inventories Prepaid expenses and other current assets Total current assets. Property, plant and equipment at cost Accumulated depreciation Property, plant and equipment Long-term investments Goodwill Acquisition-related intangibles Deferred tax assets Capitalized software licenses Overfunded retirement plans Other long-term assets Total assets 2,001 299 8,761 5,740 (2,437) 3,303 300 4,362 340 197 69 218 468 $ 18,018 $ 2,438 1,795 1,207 181 1,070 966 2,217 440 8,097 5,425 (2,242) 3,183 251 4,362 628 295 89 92 140 $ 17,137 $ $ 749 478 724 103 420 Liabilities and stockholders' equity Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation Income taxes payable Accrued expenses and other liabilities Total current liabilities Long-term debt ..... Underfunded retirement plans Deferred tax liabilities Other long-term liabilities Total liabilities .. Stockholders' equity: Preferred stock, $25 par value. Authorized - 10,000,000 shares Participating cumulative preferred - None issued ...... Common stock, $1 par value. Authorized - 2,400,000,000 shares Shares issued - 1,740,815,939 Paid-in capital Retained earnings Treasury common stock at cost Shares: 2019-808,784,381; 2018 - 795,665,646 Accumulated other comprehensive income (loss), net of taxes (AOCI) Total stockholders' equity Total liabilities and stockholders' equity 500 388 714 46 475 2,123 5,303 93 78 1,514 9,111 2,474 4,319 118 42 1,190 8,143 1,741 2,110 39,898 1,741 1,950 37,906 (34,495) (347) 8,907 $ 18,018 (32,130) (473) 8,994 $ 17,137 Consolidated Balance Sheets (Millions of dollars, except share amounts) December 31, 2018 2017 FORM 10-K Assets Current assets: Cash and cash equivalents Short-term investments ... Accounts receivable, net of allowances of ($19) and ($8) Raw materials Work in process Finished goods Inventories ... Prepaid expenses and other current assets Total current assets Property, plant and equipment at cost Accumulated depreciation Property, plant and equipment Long-term investments Goodwill Acquisition-related intangibles Deferred tax assets Capitalized software licenses Overfunded retirement plans Other long-term assets Total assets $ 2,438 1,795 1,207 181 1,070 966 2,217 440 8,097 5,425 (2,242) 3,183 251 4,362 628 295 89 92 140 $ 17,137 $ 1,656 2,813 1,278 126 1,089 742 1,957 1,030 8,734 4,789 (2,125) 2,664 268 4,362 946 264 110 208 86 $ 17,642 $ $ Liabilities and stockholders' equity Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation Income taxes payable ..... Accrued expenses and other liabilities Total current liabilities Long-term debt .... Underfunded retirement plans Deferred tax liabilities Other long-term liabilities Total liabilities Stockholders' equity: Preferred stock, $25 par value. Authorized - 10,000,000 shares Participating cumulative preferred - None issued Common stock, $1 par value. Authorized - 2,400,000,000 shares Shares issued - 1,740,815,939 Paid-in capital Retained earnings Treasury common stock at cost Shares: 2018 - 795,665,646; 2017 - 757,657,217 .... Accumulated other comprehensive income (loss), net of taxes (AOCI) Total stockholders' equity Total liabilities and stockholders' equity 749 478 724 103 420 2,474 4,319 118 42 1,190 8,143 500 466 722 128 442 2,258 3,577 89 78 1,303 7,305 1,741 1,950 37,906 1,741 1,776 34,662 (32,130) (473) 8,994 $ 17,137 (27,458) (384) 10,337 $ 17,642 Consolidated Statements of Stockholders' Equity (Millions of dollars, except per-share amounts) Common Stock Paid-in Capital Retained Earnings Treasury Common Stock AOCI Balance, December 31, 2016 $ 1,741 $ 1,674 $ 33,107 $ (25,523) $ (526) 3,682 (2,104) (138) |||| 621 (2,556) 2017 Net income Dividends declared and paid ($2.12 per share) Common stock issued for stock-based awards Stock repurchases .. Stock compensation. Other comprehensive income (loss), net of taxes Dividend equivalents on RSUS Other Balance, December 31, 2017 242 FORM 10-K 142 (2) 1,776 (17) (6) 34,662 1,741 (27,458) (384) 5,580 (2,555) 2018 Net income ... Dividends declared and paid ($2.63 per share) Common stock issued for stock-based awards Stock repurchases .. Stock compensation Other comprehensive income (loss), net of taxes Dividend equivalents on RSUS Cumulative effect of accounting changes |||| (55) 428 (5,100) 232 (17) 236 (30) Other ... (3) 1,950 Balance, December 31, 2018 1,741 37,906 (32,130) (473) 5,017 (3,008) (55) 594 (2,960) III 2019 Net income ..... Dividends declared and paid ($3.21 per share) Common stock issued for stock-based awards Stock repurchases Stock compensation Other comprehensive income (loss), net of taxes Dividend equivalents on RSUS Other Balance, December 31, 2019 IIIIIII! 217 111T 126 11 (2) $ 2,110 $ 1,741 $ 39,898 $ (34,495) $ (347) See accompanying notes. Consolidated Statements of Cash Flows (Millions of dollars) For Years Ended December 31, 2019 2018 2017 Cash flows from operating activities Net income..... $ 5,017 $ 5,580 $ 3,682 708 288 54 217 (23) 81 590 318 46 232 (3) (105) 539 318 47 242 112 Adjustments to net income: Depreciation Amortization of acquisition-related intangibles Amortization of capitalized software Stock compensation Gains on sales of assets Deferred taxes Increase (decrease) from changes in: Accounts receivable Inventories Prepaid expenses and other current assets Accounts payable and accrued expenses Accrued compensation Income taxes payable Changes in funded status of retirement plans Other Cash flows from operating activities FORM 10-K 133 216 265 (93) (15) 71 (282) 669 (7) (7) 158 36 (107) 7,189 (7) (167) 76 51 (3) 468 21 (16) 5,363 (193) 29 (35) 6,649 Cash flows from investing activities Capital expenditures Proceeds from asset sales Purchases of short-term investments Proceeds from short-term investments Other Cash flows from investing activities (847) 30 (3,444) 2,309 32 (1,920) (1,131) 9 (5,641) 6,708 (23) (695) 40 (4,555) 4,095 (12) (1,127) (78) Cash flows from financing activities Proceeds from issuance of long-term debt Repayment of debt Dividends paid Stock repurchases Proceeds from common stock transactions Other ... Cash flows from financing activities 1,491 (750) (3,008) (2,960) 539 (42) (4,730) 1,500 (500) (2,555) (5,100) 373 (47) (6,329) 1,099 (625) (2,104) (2,556) 483 (31) (3,734) Net change in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period (1) 2,438 $ 2,437 782 1,656 $ 2,438 502 1,154 $ 1,656 See accompanying notes. Consolidated Statements of Income (Millions of dollars, except share and per-share amounts) For Years Ended December 31, 2019 2018 2017 Revenue Cost of revenue (COR) Gross profit Research and development (R&D). Selling, general and administrative (SG&A) Acquisition charges Restructuring charges/other Operating profit Other income (expense), net (OI&E) Interest and debt expense Income before income taxes Provision for income taxes Net income $ 14,383 5,219 9,164 1,544 1,645 288 (36) 5,723 175 170 $ 15,784 5,507 10,277 1,559 1,684 318 3 6,713 98 125 6,686 1,106 $ 14,961 5,347 9,614 1,508 1,694 318 11 6,083 75 78 FORM 10-K 5,728 711 6,080 2,398 $ 5,017 $ 5,580 $ 3,682 Earnings per common share (EPS): Basic $ 5.33 $ 5.71 $ 3.68 Diluted $ 5.24 $ 5.59 $ 3.61 Average shares outstanding (millions): Basic 936 970 991 Diluted 952 990 1,012 A portion of net income is allocated to unvested restricted stock units (RSUS) on which we pay dividend equivalents. Diluted EPS is calculated using the following: Net income Income allocated to RSUS Income allocated to common stock for diluted EPS $ 5,017 (31) $ 4,986 $ 5,580 (42) $ 5,538 $ 3,682 (33) $ 3,649 See accompanying notes. Consolidated Balance Sheets (Millions of dollars, except share amounts) December 31, 2019 2018 $ 2,437 2,950 1,074 176 916 909 FORM 10-K Assets Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net of allowances of ($8) and ($19) Raw materials Work in process Finished goods Inventories Prepaid expenses and other current assets Total current assets. Property, plant and equipment at cost Accumulated depreciation Property, plant and equipment Long-term investments Goodwill Acquisition-related intangibles Deferred tax assets Capitalized software licenses Overfunded retirement plans Other long-term assets Total assets 2,001 299 8,761 5,740 (2,437) 3,303 300 4,362 340 197 69 218 468 $ 18,018 $ 2,438 1,795 1,207 181 1,070 966 2,217 440 8,097 5,425 (2,242) 3,183 251 4,362 628 295 89 92 140 $ 17,137 $ $ 749 478 724 103 420 Liabilities and stockholders' equity Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation Income taxes payable Accrued expenses and other liabilities Total current liabilities Long-term debt ..... Underfunded retirement plans Deferred tax liabilities Other long-term liabilities Total liabilities .. Stockholders' equity: Preferred stock, $25 par value. Authorized - 10,000,000 shares Participating cumulative preferred - None issued ...... Common stock, $1 par value. Authorized - 2,400,000,000 shares Shares issued - 1,740,815,939 Paid-in capital Retained earnings Treasury common stock at cost Shares: 2019-808,784,381; 2018 - 795,665,646 Accumulated other comprehensive income (loss), net of taxes (AOCI) Total stockholders' equity Total liabilities and stockholders' equity 500 388 714 46 475 2,123 5,303 93 78 1,514 9,111 2,474 4,319 118 42 1,190 8,143 1,741 2,110 39,898 1,741 1,950 37,906 (34,495) (347) 8,907 $ 18,018 (32,130) (473) 8,994 $ 17,137 Consolidated Balance Sheets (Millions of dollars, except share amounts) December 31, 2018 2017 FORM 10-K Assets Current assets: Cash and cash equivalents Short-term investments ... Accounts receivable, net of allowances of ($19) and ($8) Raw materials Work in process Finished goods Inventories ... Prepaid expenses and other current assets Total current assets Property, plant and equipment at cost Accumulated depreciation Property, plant and equipment Long-term investments Goodwill Acquisition-related intangibles Deferred tax assets Capitalized software licenses Overfunded retirement plans Other long-term assets Total assets $ 2,438 1,795 1,207 181 1,070 966 2,217 440 8,097 5,425 (2,242) 3,183 251 4,362 628 295 89 92 140 $ 17,137 $ 1,656 2,813 1,278 126 1,089 742 1,957 1,030 8,734 4,789 (2,125) 2,664 268 4,362 946 264 110 208 86 $ 17,642 $ $ Liabilities and stockholders' equity Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation Income taxes payable ..... Accrued expenses and other liabilities Total current liabilities Long-term debt .... Underfunded retirement plans Deferred tax liabilities Other long-term liabilities Total liabilities Stockholders' equity: Preferred stock, $25 par value. Authorized - 10,000,000 shares Participating cumulative preferred - None issued Common stock, $1 par value. Authorized - 2,400,000,000 shares Shares issued - 1,740,815,939 Paid-in capital Retained earnings Treasury common stock at cost Shares: 2018 - 795,665,646; 2017 - 757,657,217 .... Accumulated other comprehensive income (loss), net of taxes (AOCI) Total stockholders' equity Total liabilities and stockholders' equity 749 478 724 103 420 2,474 4,319 118 42 1,190 8,143 500 466 722 128 442 2,258 3,577 89 78 1,303 7,305 1,741 1,950 37,906 1,741 1,776 34,662 (32,130) (473) 8,994 $ 17,137 (27,458) (384) 10,337 $ 17,642