CVS HEALTH Corp | 2013 | FY | 3


Quarterly Financial Information (Unaudited)
 
In millions, except per share amounts
First 
Quarter
 
Second 
Quarter
 
Third 
Quarter
 
Fourth 
Quarter
 
Year
2013:
 

 
 

 
 

 
 

 
 

Net revenues
$
30,751

 
$
31,248

 
$
31,932

 
$
32,830

 
$
126,761

Gross profit
5,577

 
5,841

 
6,027

 
6,338

 
23,783

Operating profit
1,694

 
1,972

 
2,154

 
2,217

 
8,037

Income from continuing operations
954

 
1,125

 
1,255

 
1,266

 
4,600

Loss from discontinued operations, net of tax

 
(1
)
 
(6
)
 
(1
)
 
(8
)
Net income
954

 
1,124

 
1,249

 
1,265

 
4,592

Net loss attributable to noncontrolling interest

 

 

 

 

Net income attributable to CVS Caremark
$
954

 
$
1,124

 
$
1,249

 
$
1,265

 
$
4,592

Basic earnings per common share:
 

 
 

 
 

 
 

 
 

Income from continuing operations attributable to
    CVS Caremark
$
0.77

 
$
0.92

 
$
1.03

 
$
1.06

 
$
3.78

Loss from discontinued operations attributable to
    CVS Caremark
$

 
$

 
$

 
$

 
$
(0.01
)
Net income attributable to CVS Caremark
$
0.77

 
$
0.92

 
$
1.03

 
$
1.06

 
$
3.77

Diluted Earnings per common share:
 

 
 

 
 

 
 

 
 

Income from continuing operations attributable to
    CVS Caremark
$
0.77

 
$
0.91

 
$
1.02

 
$
1.05

 
$
3.75

Loss from discontinued operations attributable to
    CVS Caremark
$

 
$

 
$

 
$

 
$
(0.01
)
Net income attributable to CVS Caremark
$
0.77

 
$
0.91

 
$
1.02

 
$
1.05

 
$
3.74

Dividends per common share
$
0.2250

 
$
0.2250

 
$
0.2250

 
$
0.2250

 
$
0.9000

Stock price: (New York Stock Exchange)
 

 
 

 
 

 
 

 
 

High
$
56.07

 
$
60.70

 
$
62.36

 
$
71.99

 
$
71.99

Low
$
49.00

 
$
53.94

 
$
56.68

 
$
56.32

 
$
49.00



In millions, except per share amounts
First 
Quarter
 
Second 
Quarter
 
Third 
Quarter
 
Fourth 
Quarter
 
Year
2012:
 

 
 

 
 

 
 

 
 

Net revenues
$
30,792

 
$
30,694

 
$
30,237

 
$
31,397

 
$
123,120

Gross profit
5,106

 
5,443

 
5,645

 
6,294

 
22,488

Operating profit
1,397

 
1,702

 
1,812

 
2,299

 
7,210

Income from continuing operations
772

 
962

 
1,010

 
1,125

 
3,869

Income (loss) from discontinued operations, net of tax
(1
)
 
(1
)
 
(5
)
 

 
(7
)
Net income
771

 
961

 
1,005

 
1,125

 
3,862

Net loss attributable to noncontrolling interest
1

 
1

 

 

 
2

Net income attributable to CVS Caremark
$
772

 
$
962

 
$
1,005

 
$
1,125

 
$
3,864

Basic earnings per common share:
 

 
 

 
 

 
 

 
 

Income from continuing operations attributable to
    CVS Caremark
$
0.60

 
$
0.75

 
$
0.80

 
$
0.91

 
$
3.05

Income (loss) from discontinued operations attributable
    to CVS Caremark
$

 
$

 
$

 
$

 
$
(0.01
)
Net income attributable to CVS Caremark
$
0.59

 
$
0.75

 
$
0.79

 
$
0.91

 
$
3.04

Diluted Earnings per common share:
 

 
 

 
 

 
 

 
 

Income from continuing operations attributable to
    CVS Caremark
$
0.59

 
$
0.75

 
$
0.79

 
$
0.90

 
$
3.02

Income (loss) from discontinued operations attributable
    to CVS Caremark
$

 
$

 
$

 
$

 
$
(0.01
)
Net income attributable to CVS Caremark
$
0.59

 
$
0.75

 
$
0.79

 
$
0.90

 
$
3.02

Dividends per common share
$
0.1625

 
$
0.1625

 
$
0.1625

 
$
0.1625

 
$
0.650

Stock price: (New York Stock Exchange)
 

 
 

 
 

 
 

 
 

High
$
45.88

 
$
46.93

 
$
48.69

 
$
49.80

 
$
49.80

Low
$
41.01

 
$
43.08

 
$
43.65

 
$
44.33

 
$
41.01



See Note 1 - Significant Accounting Policies (Revenue Recognition - Retail Pharmacy Segment).

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