Net earnings for the fourth quarter of 2017 were $766.6 million, compared to $544.5 million in 2016, an increase of 40.8 percent. Earnings per share for the fourth quarter increased to $1.04 for 2017, up from $0.71 per share in 2016. Net earnings and earnings per share were impacted by the passage of the Tax Cuts and Jobs Act of 2017 (Tax Act).
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Net earnings for the fourth quarter of 2017 were $766.6 million, compared to $544.5 million in 2016, an increase of 40.8 percent. Earnings per share for the fourth quarter increased to $1.04 for 2017, up from $0.71 per share in 2016. Net earnings and earnings per share were impacted by the passage of the Tax Cuts and Jobs Act of 2017 (Tax Act).
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