Financial overview
(in millions, except per share amounts) | 2015 | 2014 | % Change |
Net sales | $ 9,946 | $ 9,675 | 2.8 |
Earnings before income taxes | 1,735 | 1,160 | 49.6 |
Income taxes | 296 | 645 | -54.1 |
Net earnings | 1,439 | 515 | 179.4 |
Adjusted net earnings2, 3 | 1,949 | 1,810 | 7.7 |
Net earnings per diluted share of common stock | |||
Reported | $ 3.78 | $ 1.34 | 182.1 |
Adjusted1, 2 | 5.12 | 4.73 | 8.2 |
Dividends paid per share of common stock | $ 1.34 | $ 1.22 | 9.8 |
Cash, cash equivalents and marketable securities | 4,079 | 5,000 | -18.4 |
- GAAP is defined as accounting principles generally accepted in the United States.
- A non-GAAP financial measure. The most comparable GAAP financial measure is diluted net earnings per share, which were $3.19, $3.45, $3.39, $2.63, $1.34 and $3.78 in 2010, 2011, 2012, 2013, 2014 and 2015, respectively.
- For a reconciliation between these non-GAAP financial measures and their most comparable GAAP financial measure, refer to our Annual Report on Form 10-K, available on our website at www.stryker.com or at the SEC’s website at www.sec.gov.
- A non-GAAP financial measure. The most comparable GAAP financial measure is net earnings.