v2.4.0.6
CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2009
Sep. 30, 2008
Sep. 30, 2009
Sep. 30, 2008
CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited)        
Revenues $ 3,317 $ 3,408 $ 9,521 $ 10,382
Expenses:        
Operating 1,790 1,945 5,481 5,992
Selling, general and administrative 663 682 1,986 2,061
Depreciation and amortization 80 92 242 281
Total expenses 2,533 2,719 7,709 8,334
Operating income 784 689 1,812 2,048
Interest expense, net (107) (123) (325) (363)
Equity in losses of investee companies (1) (32) (57) (48)
Loss on extinguishment of debt (84) 0 (84) 0
Other items, net (13) (23) (47) (38)
Earnings from continuing operations before provision for income taxes 579 511 1,299 1,599
Provision for income taxes (133) (122) (392) (526)
Net earnings from continuing operations 446 389 907 1,073
Discontinued operations, net of tax 20 16 20 17
Net earnings (Viacom and noncontrolling interests) 466 405 927 1,090
Less: Net earnings attributable to noncontrolling interests (3) (4) (10) (12)
Net earnings attributable to Viacom 463 401 917 1,078
Amounts attributable to Viacom:        
Net earnings from continuing operations 443 385 897 1,061
Discontinued operations, net of tax 20 16 20 17
Net earnings attributable to Viacom $ 463 $ 401 $ 917 $ 1,078
Basic earnings per share attributable to Viacom:        
Continuing operations $ 0.73 $ 0.62 $ 1.48 $ 1.69
Discontinued operations $ 0.03 $ 0.03 $ 0.03 $ 0.02
Net earnings per share of Viacom $ 0.76 $ 0.65 $ 1.51 $ 1.71
Diluted earnings per share attributable to Viacom:        
Continuing operations $ 0.73 $ 0.62 $ 1.48 $ 1.68
Discontinued operations $ 0.03 $ 0.03 $ 0.03 $ 0.03
Net earnings per share of Viacom $ 0.76 $ 0.65 $ 1.51 $ 1.71
Weighted average number of common shares outstanding:        
Weighted average number of common shares outstanding, basic 607.3 618.9 607.0 629.2
Weighted average number of common shares outstanding, diluted 608.6 619.3 607.9 630.1