filings.toolsItem 6. Selected Financial Data
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Item 6. Selected Financial Data
The information set forth below for the five years ended September 26, 2020, 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 accompanying notes 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).
| 2020 | 2019 | 2018 | 2017 | 2016 | |||||||||||||||||||||||||
| Total net sales | $ | 274,515 | $ | 260,174 | $ | 265,595 | $ | 229,234 | $ | 215,639 | |||||||||||||||||||
| Net income | $ | 57,411 | $ | 55,256 | $ | 59,531 | $ | 48,351 | $ | 45,687 | |||||||||||||||||||
| Earnings per share: | |||||||||||||||||||||||||||||
| Basic | $ | 3.31 | $ | 2.99 | $ | 3.00 | $ | 2.32 | $ | 2.09 | |||||||||||||||||||
| Diluted | $ | 3.28 | $ | 2.97 | $ | 2.98 | $ | 2.30 | $ | 2.08 | |||||||||||||||||||
| Cash dividends declared per share | $ | 0.795 | $ | 0.75 | $ | 0.68 | $ | 0.60 | $ | 0.545 | |||||||||||||||||||
| Shares used in computing earnings per share: | |||||||||||||||||||||||||||||
| Basic | 17,352,119 | 18,471,336 | 19,821,510 | 20,868,968 | 21,883,281 | ||||||||||||||||||||||||
| Diluted | 17,528,214 | 18,595,651 | 20,000,435 | 21,006,767 | 22,001,126 | ||||||||||||||||||||||||
| Total cash, cash equivalents and marketable securities | $ | 191,830 | $ | 205,898 | $ | 237,100 | $ | 268,895 | $ | 237,585 | |||||||||||||||||||
| Total assets | $ | 323,888 | $ | 338,516 | $ | 365,725 | $ | 375,319 | $ | 321,686 | |||||||||||||||||||
| Non-current portion of term debt | $ | 98,667 | $ | 91,807 | $ | 93,735 | $ | 97,207 | $ | 75,427 | |||||||||||||||||||
| Other non-current liabilities | $ | 54,490 | $ | 50,503 | $ | 48,914 | $ | 44,212 | $ | 39,986 |
Apple Inc. | 2020 Form 10-K | 19
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