Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
The selected financial data for the five-year period ended December 31, 2019 was derived from our audited financial statements. The following table should be read together with Item 7, “MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS” and with the historical financial statements and accompanying notes included in Item 8, “FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.”
The following summaries are in millions of dollars, except for per share amounts:
| Year Ended December 31, | |||||||||||||||||||
| 2019 | 2018 | 2017 (a) | 2016 (b) | 2015 (c) | |||||||||||||||
| Revenues | $ | 108,324 | $ | 117,033 | $ | 93,980 | $ | 75,659 | $ | 87,804 | |||||||||
| Net income | 2,784 | 3,353 | 4,156 | 2,417 | 4,101 | ||||||||||||||
| Earnings per common share – assuming dilution | 5.84 | 7.29 | 9.16 | 4.94 | 7.99 | ||||||||||||||
| Dividends per common share | 3.60 | 3.20 | 2.80 | 2.40 | 1.70 | ||||||||||||||
| Total assets | 53,864 | 50,155 | 50,158 | 46,173 | 44,227 | ||||||||||||||
| Debt and finance lease obligations, less current portion | 9,178 | 8,871 | 8,750 | 7,886 | 7,208 |
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| (a) | Includes the impact of Tax Reform that was enacted on December 22, 2017 and resulted in a net income tax benefit of $1.9 billion as described in Note 15 of Notes to Consolidated Financial Statements. |
| (b) | Includes a noncash lower of cost or market inventory valuation reserve adjustment that resulted in a net benefit to our results of operations of $747 million. |
| (c) | Includes a noncash lower of cost or market inventory valuation reserve adjustment that resulted in a net charge to our results of operations of $790 million. |
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