Table 1. Summary Financial Results

First Quarter

(Dollars in Millions, except per share data)

2015

2014

Change

Revenues

$22,149

$20,465

8%

Non-GAAP*

Core Operating Earnings

$2,132

$2,095

2%

Core Operating Margin

9.6%

10.2%

(0.6) Pts

Core Earnings Per Share

$1.97

$1.76

12%

GAAP

Earnings From Operations

$2,019

$1,542

31%

Operating Margin

9.1%

7.5%

1.6 Pts

Net Earnings

$1,336

$965

38%

Earnings Per Share

$1.87

$1.28

46%

Operating Cash Flow

$88

$1,112

(92)%