Item 6. Selected Financial Data
3K characters. Original on sec.gov · Markdown
Item 6. Selected Financial Data
The information set forth below for the five years ended September 24, 2016, is not necessarily indicative of results of future operations, and should be read in conjunction with Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and related notes thereto included in Part II, Item 8 of this Form 10-K to fully understand factors that may affect the comparability of the information presented below (in millions, except number of shares, which are reflected in thousands, and per share amounts).
| 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
| Net sales | $ | 215,639 | $ | 233,715 | $ | 182,795 | $ | 170,910 | $ | 156,508 | |||||||||
| Net income | $ | 45,687 | $ | 53,394 | $ | 39,510 | $ | 37,037 | $ | 41,733 | |||||||||
| Earnings per share: | |||||||||||||||||||
| Basic | $ | 8.35 | $ | 9.28 | $ | 6.49 | $ | 5.72 | $ | 6.38 | |||||||||
| Diluted | $ | 8.31 | $ | 9.22 | $ | 6.45 | $ | 5.68 | $ | 6.31 | |||||||||
| Cash dividends declared per share | $ | 2.18 | $ | 1.98 | $ | 1.82 | $ | 1.64 | $ | 0.38 | |||||||||
| Shares used in computing earnings per share: | |||||||||||||||||||
| Basic | 5,470,820 | 5,753,421 | 6,085,572 | 6,477,320 | 6,543,726 | ||||||||||||||
| Diluted | 5,500,281 | 5,793,069 | 6,122,663 | 6,521,634 | 6,617,483 | ||||||||||||||
| Total cash, cash equivalents and marketable securities | $ | 237,585 | $ | 205,666 | $ | 155,239 | $ | 146,761 | $ | 121,251 | |||||||||
| Total assets | $ | 321,686 | $ | 290,345 | $ | 231,839 | $ | 207,000 | $ | 176,064 | |||||||||
| Commercial paper | $ | 8,105 | $ | 8,499 | $ | 6,308 | $ | — | $ | — | |||||||||
| Total term debt (1) | $ | 78,927 | $ | 55,829 | $ | 28,987 | $ | 16,960 | $ | — | |||||||||
| Other long-term obligations (2) | $ | 36,074 | $ | 33,427 | $ | 24,826 | $ | 20,208 | $ | 16,664 | |||||||||
| Total liabilities | $ | 193,437 | $ | 170,990 | $ | 120,292 | $ | 83,451 | $ | 57,854 | |||||||||
| Total shareholders’ equity | $ | 128,249 | $ | 119,355 | $ | 111,547 | $ | 123,549 | $ | 118,210 |
| (1) | Includes current and long-term portion of term debt. |
| (2) | Other long-term obligations excludes non-current deferred revenue. |
Apple Inc. | 2016 Form 10-K | 21
Previous: Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations