Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

FIVE-YEAR SUMMARY OF SELECTED FINANCIAL DATA

Becton, Dickinson and Company



	Years Ended September 30
	2019			2018		2017			2016		2015
	Dollars in millions, except share and per share amounts
Operations
Revenues	$	17,290		$	15,983	$	12,093		$	12,483	$	10,282
Gross Profit (a)	8,288			7,269		5,965			6,018		4,719
Operating Income (a)	1,760			1,509		1,522			1,481		1,119
Income Before Income Taxes	1,176			1,173		976			1,074		739
Income Tax (Benefit) Provision	(57		)	862		(124		)	97		44
Net Income	1,233			311		1,100			976		695
Basic Earnings Per Share	4.01			0.62		4.70			4.59		3.43
Diluted Earnings Per Share	3.94			0.60		4.60			4.49		3.35
Dividends Per Common Share	3.08			3.00		2.92			2.64		2.40
Financial Position
Total Assets	51,765			53,904		37,734			25,586		26,478
Total Long-Term Debt	18,081			18,894		18,667			10,550		11,370
Total Shareholders’ Equity	21,081			20,994		12,948			7,633		7,164
Additional Data
Average Common and Common Equivalent Shares Outstanding — Assuming Dilution (millions)	274.8			264.6		223.6			217.5		207.5


(a)	Prior-year amounts were revised to reflect the recognition of all components of the Company’s net periodic pension and postretirement benefit costs, aside from service cost, to Other income (expense), net on its consolidated income statements, as is further discussed in Note 2 to the consolidated financial statements contained in Item 8. Financial Statements and Supplementary Data.

The results above include the net expense associated with specified items as detailed below. Additional discussion regarding the specified items in fiscal years 2019, 2018 and 2017 are provided in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.



	Years Ended September 30
Millions of dollars, except per share amounts	2019			2018			2017			2016			2015
Total specified items	$	2,749		$	2,409		$	1,466		$	1,261		$	1,186
After-tax impact of specified items	$	2,127		$	2,674		$	971		$	892		$	786
Impact of specified items on diluted earnings per share	$	(7.74	)	$	(10.11	)	$	(4.34	)	$	(4.10	)	$	(3.79	)
Dilutive impact from share issuances	$	—		$	(0.30	)	$	(0.54	)	$	—		$	(0.02	)

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