Item 6. SELECTED FINANCIAL DATA

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Item 6. SELECTED FINANCIAL DATA

Years ended September 30

(dollars in millions, except per share amounts)


	2016		2017	2018(a)	2019(b)	2020(c)
Net sales	$	14,522	15,264	17,408	18,372	16,785
Earnings from continuing operations – common stockholders	$	1,590	1,643	2,203	2,306	1,965
Basic earnings per common share from continuing operations	$	2.46	2.54	3.48	3.74	3.26
Diluted earnings per common share from continuing operations	$	2.45	2.54	3.46	3.71	3.24
Cash dividends per common share	$	1.90	1.92	1.94	1.96	2.00
Long-term debt	$	4,051	3,794	3,137	4,277	6,326
Total assets	$	21,732	19,589	20,390	20,497	22,882

(a) Includes income tax benefit of $189 ($0.30 per share) from the impacts of U.S. tax reform.

(b) Includes restructuring costs of $0.12 per share and discrete tax benefits of $0.14 per share.

(c) Restructuring costs and special advisory fees reduced earnings by $0.42 per share, while discrete tax items provided a $0.20 per share benefit.

See Note 4 for information regarding the Company's acquisition and divestiture activities for the last three years, Note 6 for information regarding restructuring activities, and Note 14 for information regarding income taxes.

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