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| Merck & Co., Inc. and Subsidiaries |
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Percentage Change
from Preceding Year |
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Years Ended December 31
($ in millions except per share amounts) |
2000 |
1999 |
1998 |
2000 |
1999 |
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| Sales |
$40,363.2 |
$32,714.0 |
$26,898.2 |
+23% |
+22%(1) |
| Research and development expenses |
2,343.8 |
2,068.3 |
1,821.1 |
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| Net income |
6,821.7 |
5,890.5 |
5,248.2 |
+16% |
+12% |
| Earnings per common share assuming dilution |
$2.90 |
$2.45 |
$2.15 |
+18% |
+14% |
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| Dividends paid per common share |
$1.21 |
$1.10 |
$ .95 |
+10% |
+16% |
Average common shares outstanding
assuming dilution (millions) |
2,353.2 |
2,404.6 |
2,441.1 |
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| Total assets |
39,910.4 |
35,634.9 |
31,853.4 |
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| Capital expenditures |
2,727.8 |
2,560.5 |
1,973.4 |
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| Net income as a % of average total assets |
18.1% |
17.5% |
18.2% |
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| Number of stockholders of record |
265,700 |
280,500 |
269,600 |
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| Number of employees |
69,300 |
62,300 |
57,300 |
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| (1) |
Sales growth for 1999 includes a two point increase, attributable to supply sales to AstraZeneca LP, as a result of the 1998 restructuring of Astra Merck Inc. |
| (2) |
Amounts for 1994 include a full years impact on results of operations of the Medco acquisition and the impact of the formation of a joint venture with Astra in November 1994. |
| (3) |
Amounts for 1993 include the impact of the Medco acquisition and a restructuring charge. |
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