The 20% shown for net income in 2019 signifles that net income

(In millions) Net Sales Cost or Goods Sold Gross protit Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Income Before Income Taxes Income Tax Expense Net Income 2019 $6,355 3.31.0 2,985 1 ,900 1.500 $1.270 percent Of Total 100.0% 47.0 10.6 29.9 23.6 20.0% 201B $4,920 2,200 2.720 580 1,715 (695) $810 percent Of Total 100.0% 55_3 11.8 (IA.I) 04-1) 16.5% The 20% shown for net income in 2019 signifies that net income