Economic performance

in Fact sheets

Direct economic value generated
20171 in $M 20161 in $M 2015 in $M
Revenue $37,784 $36,558 $37,864
Economic value distributed
2017 in $M 2016 in $M 2015 in $M
Non-labor operating costs 2 $23,172 $22,038 $22,659
Employee salaries and related costs $10,941 $10,176 $9,713
Payments to providers of capital $643 $614 $669
Economic value retained
2017 in $M 2016 in $M 2015 in $M
Net profit 2 $2,065 $2,828 $4,478
Operating profit2 $3,847 $5,089 $5,492
Shareholder value
2017 2016 2015
Share price at Dec. 31 $67 $73 $57
Share price range $56.51 – $83.04 $37.41 – $76.80 $49.20 – $74.52

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.