Selected Financial Data -- Three-Year Review

Selected Financial Data -- Three-Year Review
(in millions, except per share data)
Download file in Excel format

2009
2008
2007
Summary of Operations:
Net revenues
$ 40,386
$ 41,932
$ 35,858
Cost of sales
25,786
28,088
23,656
Operating income
5,524
3,843
4,176
Operating margin
13.7%
9.2%
11.6%
Interest and other expense, net
1,237
1,240
604
Earnings from continuing operations before income taxes
4,287
2,603
3,572
Provision for income taxes
1,259
755
1,080
Earnings and gain from discontinued operations, net of income taxes
-
1,045
232
Net earnings
3,028
2,893
2,724
Noncontrolling interest
7
9
3
Net earnings attributable to Kraft Foods
3,021
2,884
2,721
Basic EPS attributable to Kraft Foods:
Continuing operations
2.04
1.22
1.56
Discontinued operations
-
0.70
0.15
Net earnings attrubutable to Kraft Foods
2.04
1.92
1.71
Diluted EPS attributable to Kraft Foods:
Continuing operations
2.03
1.21
1.56
Discontinued operations
-
0.69
0.15
Net earnings attrubutable to Kraft Foods
2.03
1.90
1.70
Dividends declared per share
1.16
1.12
1.04
Dividends declared as a % of Basic EPS
56.9%
58.3%
60.8%
Dividends declared as a % of Diluted EPS
57.1%
58.9%
61.2%
Weighted-average shares - Basic
1,478
1,505
1,591
Weighted-average shares - Diluted
1,486
1,515
1,600
Net cash provided by operating activities
5,084
4,141
3,571
Capital expenditures
1,330
1,367
1,241
Free Cash Flow*
3,754
2,774
2,330
Depreciation
905
963
873
Property, plant and equipment, net
10,693
9,917
10,778
Inventories, net
3,775
3,881
4,238
Total assets
66,714
63,173
68,132
Long-term debt
18,024
18,589
12,902
Total debt
18,990
20,251
21,009
Total long-term liabilities
29,251
29,773
23,574
Total Kraft Foods Shareholders' Equity
25,876
22,295
27,407
Total Equity
25,972
22,356
27,445
Book value per common share outstanding
17.51
15.18
17.87
Market price per Common Stock share - high / low
29.84-20.81
34.97-24.75
37.20-29.95
Closing price of Common Stock at year end
27.18
26.85
32.63
Price / earnings ratio at year end - Basic
13
14
19
Price / earnings ratio at year end - Diluted
13
14
19
Number of common shares outstanding at year end
1,478
1,469
1,534
Number of employees
97,000
98,000
103,000

* Please see Non-GAAP Financial Measures section at the end of Item 7 in the 2009 Annual Report on 10-K.

Selected Financial Data -- Three-Year Review