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The financial statements of P&G are presented in Appendix B. The companys complete annual report, including the notes to the financial statements, is available online.
The financial statements of P&G are presented in Appendix B. The companys complete annual report, including the notes to the financial statements, is available online. Click here to view Appendix B Refer to P&Gs financial statements and the accompanying notes to answer the following questions. What was P&Gs pension expense for 2017, 2016, and 2015 related to its defined benefit plan?
Pension expense | ||
2017 | $ | |
2016 | $ | |
2015 | $ |
1921,619 PM Amountain with TDB 30 Financial state trate armatown half of tapety terminal 6. ad totally terlandaise And $3 tapetively TOTAL OTHER COMPREHENSIVE INCOME/ELDSSI, NET OF TAX TOTAL COMPREHENSIVE INCOME Le Teacher TOTAL.COMPILERENSIVE INCOME ATTRIBUTABLE TO PROCURA GAMLE 2017 015 23 (1.679) 67.220) (30) 123 (59) 25 24 140 AM 1.444 1.375 3. B) 11.686 172.000 BS 56 BH to SSB Cantated Malance sheets OUT 2016 Auto CURRENT ASSIN Cand cash $5.86 9.86 4.59 6.946 1373 recebe INVENTORIES Materiale Works mahal pad) 308 5 2.157 4.614 63 2.45 4.716 1507 2.0 2,39 Dedicata Trepandohet met Cumhed for alle TOTAL CURRENT ASSES PROPERTY, PLANT AND EQUIPMENT, MIT GOODWILL TRADEMARS AND OTEX INTANGIBLE ANSET, NET OTHER NONCURENTASSETS TOTAL AW euilty CURENT LARITES ya 3619133.1 19,893 19.3 44.697 4.35 11 24.07 120.06 Sur 89.6 4.325 7,024 7460 9-13 13:55 S 30 13, og 18.945 13 1954 10-25 60259 Cuidora Debte with TOTAL CURRENT ERILITIES LONG-TERM DET DE INCOTRICES UTER NONCLIENT LLARI TOTAL LIABILITIES SALARDLESS EQUITY Cowmadhe dhe Noo.de de parede ter than that 017-4000-40003) 2006 Erfurt tailsient) The Mode the AS..20-13.3) Hetimi Nicotinet TUTAL STAKEHOLDERSTRUTTY TOTAL LIABILIT AND LATEST BUTY 4.000 400 . 69.74 (1249) ) (14.) (s. (3.7431 6.4 594 5687.043 Side 4 sewin Act 2015 $70.749 37.056 20,616 2,028 11,042 626 149 440 11,012 reports. On the following pages, we present The Procler & LADIE 10-K Consolidated Statements of Earnings Amounts in millions except per share amounts: Years ended June 30 2017 2016 NET SALES $65,058 $65 299 Cost of products sold 32,535 32,909 Selling, general and administrative expense 18,568 18,949 Venezuela deconsolidation charge OPERATING INCOME 13,955 13.441 Interest expense 465 579 Interest income 171 182 Other non-operating income/expense), net (404) 325 EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 13,257 13369 Income taxes on continuing operations 3,063 3.342 NET EARNINGS FROM CONTINUING OPERATIONS 10,194 10,027 NET EARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS 5,217 577 NET EARNINGS 15.411 10,604 Less: Net earnings attributable to noncontrolling interests 85 96 NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE 815 326 $10508 BASIC NET EARNINGS PER COMMON SHARE:(+) Earnings from continuing operations 83.79 $3.59 Earnings/Closs) from discontinued operations 2.01 0.21 BASIC NET EARNINGS PER COMMON SHARE 85.80 $3.80 DILUTED NET EARNINGS PER COMMON SHARE (1) Earnings from continuing operations $3.69 $3.49 Earnings/(loss) from discontinued operations 1.90 0.20 DILUTED NET EARNINGS PER COMMON SHARE 85-52 $3.69 DIVIDENDS PER COMMON SHARR 82.90 $9.66 (1) Basic net earings per common share and Diluted net carnings per common share are calculated on Net camnings attributable to Procter & Gamble 2.7725 8,287 (1,143) 7,144 108 $7.036 $2.92 (0.42 $2.50 $2.84 (0.40) $2.44 $950 Consolidated Statements of Comprehensive Income Amounts in million Yours ended June 30 2017 2016 2015 NET EARNINGS $15.411 $10,604 $7,144 OTHER COMPREHENSIVE INCOME/(LOSS), NET OF TAX https://education wiley.comvplayetindex.html/resurtenittps:%2F%2Feducation wiley.com%2Fcontent2Fieso_Intermediate_Accounting 17e%2Feb. 1/6 1921,619 PM Amountain with TDB 30 Financial state trate armatown half of tapety terminal 6. ad totally terlandaise And $3 tapetively TOTAL OTHER COMPREHENSIVE INCOME/ELDSSI, NET OF TAX TOTAL COMPREHENSIVE INCOME Le Teacher TOTAL.COMPILERENSIVE INCOME ATTRIBUTABLE TO PROCURA GAMLE 2017 015 23 (1.679) 67.220) (30) 123 (59) 25 24 140 AM 1.444 1.375 3. B) 11.686 172.000 BS 56 BH to SSB Cantated Malance sheets OUT 2016 Auto CURRENT ASSIN Cand cash $5.86 9.86 4.59 6.946 1373 recebe INVENTORIES Materiale Works mahal pad) 308 5 2.157 4.614 63 2.45 4.716 1507 2.0 2,39 Dedicata Trepandohet met Cumhed for alle TOTAL CURRENT ASSES PROPERTY, PLANT AND EQUIPMENT, MIT GOODWILL TRADEMARS AND OTEX INTANGIBLE ANSET, NET OTHER NONCURENTASSETS TOTAL AW euilty CURENT LARITES ya 3619133.1 19,893 19.3 44.697 4.35 11 24.07 120.06 Sur 89.6 4.325 7,024 7460 9-13 13:55 S 30 13, og 18.945 13 1954 10-25 60259 Cuidora Debte with TOTAL CURRENT ERILITIES LONG-TERM DET DE INCOTRICES UTER NONCLIENT LLARI TOTAL LIABILITIES SALARDLESS EQUITY Cowmadhe dhe Noo.de de parede ter than that 017-4000-40003) 2006 Erfurt tailsient) The Mode the AS..20-13.3) Hetimi Nicotinet TUTAL STAKEHOLDERSTRUTTY TOTAL LIABILIT AND LATEST BUTY 4.000 400 . 69.74 (1249) ) (14.) (s. (3.7431 6.4 594 5687.043 Side 4 sewin Act 2015 $70.749 37.056 20,616 2,028 11,042 626 149 440 11,012 reports. On the following pages, we present The Procler & LADIE 10-K Consolidated Statements of Earnings Amounts in millions except per share amounts: Years ended June 30 2017 2016 NET SALES $65,058 $65 299 Cost of products sold 32,535 32,909 Selling, general and administrative expense 18,568 18,949 Venezuela deconsolidation charge OPERATING INCOME 13,955 13.441 Interest expense 465 579 Interest income 171 182 Other non-operating income/expense), net (404) 325 EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 13,257 13369 Income taxes on continuing operations 3,063 3.342 NET EARNINGS FROM CONTINUING OPERATIONS 10,194 10,027 NET EARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS 5,217 577 NET EARNINGS 15.411 10,604 Less: Net earnings attributable to noncontrolling interests 85 96 NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE 815 326 $10508 BASIC NET EARNINGS PER COMMON SHARE:(+) Earnings from continuing operations 83.79 $3.59 Earnings/Closs) from discontinued operations 2.01 0.21 BASIC NET EARNINGS PER COMMON SHARE 85.80 $3.80 DILUTED NET EARNINGS PER COMMON SHARE (1) Earnings from continuing operations $3.69 $3.49 Earnings/(loss) from discontinued operations 1.90 0.20 DILUTED NET EARNINGS PER COMMON SHARE 85-52 $3.69 DIVIDENDS PER COMMON SHARR 82.90 $9.66 (1) Basic net earings per common share and Diluted net carnings per common share are calculated on Net camnings attributable to Procter & Gamble 2.7725 8,287 (1,143) 7,144 108 $7.036 $2.92 (0.42 $2.50 $2.84 (0.40) $2.44 $950 Consolidated Statements of Comprehensive Income Amounts in million Yours ended June 30 2017 2016 2015 NET EARNINGS $15.411 $10,604 $7,144 OTHER COMPREHENSIVE INCOME/(LOSS), NET OF TAX https://education wiley.comvplayetindex.html/resurtenittps:%2F%2Feducation wiley.com%2Fcontent2Fieso_Intermediate_Accounting 17e%2Feb. 1/6
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