P10 (PX) Income Statement

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Sales	2.72B
Cost Of Revenue Excluding Depreciationand Amortization
Selling, general and administrative	291M
Depreciation and amortization	284M
Research and development	22M
Brazil tax amnesty program and other charges	100M
Other income (expenses) - net
Operating Profit	497M
Interest expense - net	43M
Income Before Income Taxes and Equity Investments	454M
Income taxes	120M
Income Before Equity Investments	334M
Income from equity investments	10M
Net income (including noncontrolling interests)	344M
Less: noncontrolling interests	-5M
Net Income - Praxair, Inc.	339M
Basic earnings per common share	1.19
Diluted earnings per common share	1.18
Basic weighted average shares outstanding (in thousands)	285.86M
Diluted shares outstanding	288.2M

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