Economic performance

in Fact sheets

Direct economic value generated
2018 in $M 20171 in $M 20161 in $M
Revenue $41,303 $37,784 $36,558
Economic value distributed
2018 in $M 2017 in $M 2016 in $M
Non-labor operating costs 2 $26,129 $23,172 $22,038
Employee salaries and related costs $11,458 $10,941 $10,176
Payments to providers of capital $729 $643 $614
Economic value retained
2018 in $M 2017 in $M 2016 in $M
Net profit 2 $2,122 $2,065 $2,828
Operating profit2 $3,229 $3,847 $5,089
Shareholder value
2018 2017 2016
Share price at Dec. 31 $84 $67 $73
Share price range $62.98 – $96.70 $56.51 – $83.04 $37.41 – $76.80

Footnotes

  1. Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) and Accounting Standards Update No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.
  2. Non-GAAP measures as defined in the Financials section of this report.