What was the amount of depreciation and amortization expense for each of the 3 y

Question

What was the amount of depreciation and amortization expense for each of the 3 years 2012–2014? (Hint: Use the statement of cash flows.) (Enter the amounts in millions.)

2012 $ _________

2013 $ _________

2014 $ _________

Depreciation and amortization expense Cost of sales 112,258 106,606 87,846 Operating expenses Selling, general and administrative 11,993 10,830 10,040 Operating income 52,503 48,999 55,241 Income before provision for income taxes 53,483 50,155 55,763 Net income $ 39,510 $37,037 $41,733 Basic $ 6.49 5.726.38 Shares used in computing earnings per share Diluted 6,122,663 6,521,634 6,617,483

Explanation / Answer

2012 $3,277

2013 $6,757

2014 $7,946

In cashflow statement, depreciation and amortization expense is added back to net income.

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