13 unchanged sentences
Since the inception of the share buyback programs, we have repurchased 41.8 million shares at a total cost of $1.6 billion.
−Removed: At June 30, 2021, 12.9 million additional shares can be repurchased under the approved share repurchase program.
−Removed: AND SUBSIDIARIES
+Added: June 30, 2022, 12.9 million additional shares can be repurchased under the approved share repurchase program.
PERFORMANCE GRAPH
This performance graph is furnished and shall not be deemed “filed” with the SEC or subject to Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any of our filings under the Securities Act of 1933, as amended.
+Added: PART II Item 5
+Added: AND SUBSIDIARIES
The following graph compares the cumulative total stockholders return on our common stock from June 30, 2017 through June 30, 2022, with the comparable cumulative return of the S&P 500 index, the S&P 500 Health Care index, and the Dow Jones U.S.
5 unchanged sentences
As of June 30,
+Added: Index 2017 2018 2019 2020 2021 2022
+Added: 100 135 162 257 332 285
+Added: S&P 500 100 114 123 130 180 158
S&P 500 Health Care 100 105 117 127 160 163
1 unchanged sentence
Medical Devices 100 121 145 160 219 184
−Removed: AND SUBSIDIARIES
ITEM 6 SELECTED FINANCIAL DATA
2 unchanged sentences
The consolidated statement of income data for the years ended June 30, 2022, 2021 and 2020 and the consolidated balance sheet data as of June 30, 2022 and 2021 are derived from our audited consolidated financial statements included elsewhere in this report.
−Removed: The consolidated statement of income data for the years ended June 30, 2018 and 2017 and the consolidated balance sheet data as of June 30, 2019, 2018 and 2017 are derived from our audited consolidated financial statements not included in this report.
+Added: The consolidated statement of income data for the years ended June 30, 2019 and 2018 and the consolidated balance sheet data as of June 30, 2020, 2019 and 2018 are derived from our audited consolidated financial
+Added: PART II Item 6
+Added: AND SUBSIDIARIES
+Added: statements not included in this report.
Historical results do not necessarily indicate the results to be expected in the future, and the results for the years presented should not be considered to indicate our future results of operations.
−Removed: Consolidated Statement of Income Data
−Removed: Years Ended June 30,
+Added: Consolidated Statement of Income Data Years Ended June 30,
(In thousands, except per share data):
+Added: 2022 2021 2020 2019 2018
+Added: Net revenue $ 3,578,127 $ 3,196,825 $ 2,957,013 $ 2,606,572 $ 2,340,196
Cost of sales (exclusive of amortization shown separately below) 1,514,166 1,312,598 1,189,624 1,069,987 978,032
1 unchanged sentence
Total cost of sales 1,553,816 1,357,725 1,239,227 1,112,501 1,005,298
+Added: Gross profit 2,024,311 1,839,100 1,717,786 1,494,071 1,334,898
Selling, general and administrative expenses 739,372 670,387 676,689 645,010 600,369
9 unchanged sentences
Loss attributable to equity method investments (8,486) (11,205) (25,058) (15,833) —
+Added: Other, net (9,005) 14,816 (12,157) (10,726) (8,542)
Total other income (loss), net (39,803) (20,016) (76,571) (60,416) (20,519)
Income before income taxes 960,483 883,662 733,088 518,847 521,312
+Added: Income taxes 181,046 409,157 111,414 114,255 205,724
+Added: Net income $ 779,437 $ 474,505 $ 621,674 $ 404,592 $ 315,588
Basic earnings per share $ 5.34 $ 3.27 $ 4.31 $ 2.83 $ 2.21
6 unchanged sentences
Consolidated Balance Sheet Data (In thousands):
+Added: 2022 2021 2020 2019 2018
Working capital $ 1,242,179 $ 662,991 $ 920,698 $ 589,375 $ 554,468
+Added: Total assets 5,095,853 4,728,125 4,587,376 4,107,682 3,063,923
Long-term debt, less current maturities 765,325 643,351 1,164,133 1,258,861 269,988
Total stockholders’ equity $ 3,360,751 $ 2,885,679 $ 2,497,027 $ 2,072,193 $ 2,058,980
+Added: PART II Item 7
AND SUBSIDIARIES
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.