FORM 10-K

37 Consolidated Statements of Operations For each of the years in the three-year period ended December 30, 2017 (In millions, except per share data) 2017 2016 2015 Revenues Manufacturing revenues $ 14,129 $ 13,710 $ 13,340 Finance revenues 69 78 83 Total revenues 14,198 13,788 13,423 Costs, expenses and other Cost of sales 11,795 11,311 10,979 Selling and administrative expense 1,337 1,304 1,304 Interest expense 174 174 169 Special charges 130 123 — Total costs, expenses and other 13,436 12,912 12,452 Income from continuing operations before income taxes 762 876 971 Income tax expense 456 33 273 Income from continuing operations 306 843 698 Income (loss) from discontinued operations, net of income taxes* 1 119 (1) Net income $ 307 $ 962 $ 697 Basic earnings per share Continuing operations $ 1.15 $ 3.11 $ 2.52 Discontinued operations — 0.44 — Basic earnings per share $ 1.15 $ 3.55 $ 2.52 Diluted earnings per share Continuing operations $ 1.14 $ 3.09 $ 2.50 Discontinued operations — 0.44 — Diluted earnings per share $ 1.14 $ 3.53 $ 2.50 * See Note 13 to the Consolidated Financial Statements for additional information regarding the year ended December 31, 2016. See Notes to the Consolidated Financial Statements.