Selected Consolidated Financial Data $^{(1)}$: Fiscal Years Ended June 30, (In millions, except per share amounts) 2000 1999 1998 1997 1996 Earnings Statement Data: Revenue: Operating revenue $ 25,246.9 $ 21,558.5 $18,084.6 $ 15,995.9 $ 14,449.6  Bulk deliveries to customer warehouses 4,623.7 3,553.0 2,991.4 2,469.1 2,178.5  Total revenue $ 29,870.6 $ 25,111.5 $21,076.0 $ 18,465.0 $ 16,628.1  Gross margin 2,887.1 2,623.0 2,261.1 2,053.3 1,955.1  Selling, general and administrative  expenses 1,627.4 1,580.9 1,403.0 1,314.8 1,343.8  Merger-related costs and special charges (64.7) (142.6) (57.8) (50.9) (728.5) Operating earnings (loss) (2) 1,195.0 899.5 800.3 687.6 (117.2) Net earnings (loss) (2) (3) $ 679.7 $ 481.0 $ 448.5 $ 351.0 $ (310.2) Net earnings (loss) per Common Share: (2) (3) (4) Basic $ 2.44 $ 1.73 $ 1.61 $ 1.29 $ (1.17) Diluted $ 2.39 $ 1.68 $ 1.58 $ 1.26 $ (1.17) Weighted average number of Common  Shares outstanding: Basic 279.1 277.7 277.9 272.9 265.5  Diluted 284.4 285.2 284.6 279.1 271.6  Balance Sheet Data: Cash and equivalents $ 504.6 $ 185.4 $ 389.1 $ 321.7 $ 365.0  Trade receivables, net $ 1,677.0 $ 1,602.1 $ 1,448.6 $ 1,305.1 $ 1,259.7  Inventories $ 3,865.3 $ 2,940.0 $ 2,619.5 $ 2,093.0 $ 1,967.3  Property and equipment, net $ 1,626.9 $ 1,561.5 $ 1,488.0 $ 1,408.9 $ 1,391.5  Total assets $ 10,264.9 $ 8,404.5 $ 7,596.6 $ 6,636.9 $ 6,555.7  Short-term obligations $ 28.4 $ 40.2 $ 32.9 $ 30.5 $ 120.5  Accounts payable $ 3,030.9 $ 2,363.9 $ 2,147.0 $ 1,627.3 $ 1,644.1  Long-term obligations $ 1,485.8 $ 1,223.9 $ 1,330.0 $ 1,321.0 $ 1,593.3  Shareholders’ equity $ 3,981.2 $ 3,569.6 $ 3,055.1 $ 2,717.9 $ 2,294.2  Total liabilities and shareholders’ equity $ 10,264.9 $ 8,404.5 $ 7,596.6 $ 6,636.9 $ 6,555.7  Cash dividends declared per  Common Share (4) $ 0.105 $ 0.100 $ 0.073 $ 0.063 $ 0.053  $^{(1)}$Restated to reflect business combinations in fiscal 2000, 1999, 1997, and 1996. $^{(2)}$Merger-related costs and other special charges have been recorded in connection with various business combinations and facility rationali - zations, the impact of which is included in the amounts summarized above. See “Management’ s Discussion and Analysis of Financial Condition and Results of Operations” and Note 2 of “Notes to Consolidated Financial Statements” for fur ther analysis of special charges. $^{(3)}$Amounts summarized above, for fiscal years ended June 30, 1999 and 1998, do not r eflect the impact of pro forma adjustments related to the taxes for Automatic Liquid Packaging, Inc. See “Management’ s Discussion and Analysis of Financial Condition and Results of Operations” and Note 2 of “Notes to Consolidated Financial Statements” for fur ther analysis of pro forma adjustments. $^{(4)}$Net earnings (loss) and cash dividends per Common Shar have been adjusted to r etroactively reflect all stock dividends and stock splits through June 30, 2000. Cardinal Health, Inc. Annual Report 2000 55