Income from continuing operations per basic common share (a)
$
2.39
$
2.63
$
2.66
$
2.40
$
2.08
Income from continuing operations per diluted common share (a)
2.38
2.62
2.64
2.39
2.07
Balance Sheet data:
Total assets (b) (c)
$
19,482
$
18,482
$
17,241
$
16,038
$
15,064
Long-term debt and redeemable preferred stock at redemption value (b)
6,498
5,759
5,874
5,442
5,225
Other data:
Cash dividends declared per common share
$
1.66
$
1.50
$
1.36
$
1.24
$
1.12
Net cash provided by operating activities (d) (e) (f)
1,449
1,289
1,195
1,122
956
Net cash used in investing activities (f)
(1,672
)
(1,590
)
(1,459
)
(1,029
)
(1,068
)
Net cash provided by (used in) financing activities (d) (e) (f)
207
328
290
(104
)
104
Capital expenditures included in net cash used in investing activities
(1,434
)
(1,311
)
(1,160
)
(956
)
(980
)
(a)
In November 2014, we disposed of our Class B Biosolids operating segment by selling our subsidiary, Terratec Environmental Ltd (“Terratec”) in Ontario, Canada. The results of Terratec are presented as discontinued operations and, as such, have been excluded from Income from continuing operations for the years ended December 31, 2014 and 2013.
(b)
The information for the years ended December 31, 2014 and 2013, has been revised to reflect the retrospective application of Accounting Standard Update 2015-15, Presentation of Debt Issuance Costs, which was adopted by the Company as of December 31, 2015.
(c)
The information for the years ended December 31, 2014 and 2013, has been revised to reflect the retrospective application of Accounting Standard Update 2015-17, Income Taxes, which was adopted by the Company as of December 31, 2015.
(d)
The information for the years ended December 31, 2016, 2015, 2014 and 2013, has been revised to reflect the retrospective application of Accounting Standard Update 2016-09, Improvements to Employee Share-Based Payment Accounting, which was adopted by the Company as of January 1, 2017.
(e)
The information for the year ended December 31, 2013, has been revised to reflect the retrospective application of Accounting Standard Update 2016-15, Classification of Certain Cash Receipts and Cash Payments, which was adopted by the Company as of December 31, 2017.
(f)
The information for the years ended December 31, 2016, 2015, 2014 and 2013, has been revised to reflect the retrospective application of Accounting Standard Update 2016-18, Statement of Cash Flows (Topic 230) - Restricted Cash, which was adopted by the Company as of December 31, 2017.