Item 6. Selected Financial Data
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Item 6. Selected Financial Data
| Selected Statement of Earnings Data (In millions, except per share data) | 2016 1 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
| Net sales | $ | 65,017 | $ | 59,074 | $ | 56,223 | $ | 53,417 | $ | 50,521 | |||||||||
| Gross margin | 22,464 | 20,570 | 19,558 | 18,476 | 17,327 | ||||||||||||||
| Operating income | 5,846 | 4,971 | 4,792 | 4,149 | 3,560 | ||||||||||||||
| Net earnings | 3,093 | 2,546 | 2,698 | 2,286 | 1,959 | ||||||||||||||
| Basic earnings per common share | 3.48 | 2.73 | 2.71 | 2.14 | 1.69 | ||||||||||||||
| Diluted earnings per common share | 3.47 | 2.73 | 2.71 | 2.14 | 1.69 | ||||||||||||||
| Dividends per share | $ | 1.33 | $ | 1.07 | $ | 0.87 | $ | 0.70 | $ | 0.62 | |||||||||
| Selected Balance Sheet Data | |||||||||||||||||||
| Total assets | $ | 34,408 | $ | 31,266 | $ | 31,721 | $ | 32,471 | $ | 32,441 | |||||||||
| Long-term debt, excluding current maturities | $ | 14,394 | $ | 11,545 | $ | 10,806 | $ | 10,077 | $ | 9,022 |
| 1 | Fiscal 2016 contained 53 weeks, while all other years contained 52 weeks. |
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