Largest Illinois Companies Total Operating Income Declined By 11% in the Four Quarters of 2019 Combined From the Prior Year. And There Will Be Severe Pressure on Operating Income in the Year 2020 Due To the Negative Economic Impact of the Coronavirus, Coupled With the Resultant Increased Asset Impairment Earnings Charges.

There were 16 Illinois Companies with stock market caps above $20 bil recently.  Three of these Companies didn't disclose their Operating Income.  Another one didn't disclose its earnings for every quarter of 2019 and 2018 due to an accounting irregularity investigation.    

From a review of SEC filings, below are the Gold-Standard US GAAP Pretax Operating Income (Loss) From Continuing Operations for the remaining 12 largest Illinois Companies in each of the four quarters of both 2019 and 2018.

		US	US			US	US			US	US			US	US
		GAAP	GAAP			GAAP	GAAP			GAAP	GAAP			GAAP	GAAP
		Pretax	Pretax			Pretax	Pretax			Pretax	Pretax			Pretax	Pretax
		Operating	Operating			Operating	Operating			Operating	Operating			Operating	Operating
		Income	Income			Income	Income			Income	Income			Income	Income
		(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)
		Dec	Dec			Sept	Sept			June	June			March	March
Illinois Largest Companies	Illinois	Quarter	Quarter			Quarter	Quarter			Quarter	Quarter			Quarter	Quarter
Market Caps Above $20 Bil	City HQs	2019	2018			2019	2018			2019	2018			2019	2018
		mils $	mils $			mils $	mils $			mils $	mils $			mils $	mils $
McDonalds	Chicago	2,293	2,000			2,409	2,418			2,274	2,262			2,094	2,143
Abbott Labs	Abbott Park	1,389	1,165			1,198	995			1,206	882			739	608
Boeing	Chicago	(2,204)	4,175			1,259	2,227			(3,380)	2,710			2,350	2,875
AbbVie	North Chicago	3,956	(2,441)			2,617	3,159			3,400	2,762			3,010	2,903
Mondelez Intl	Deerfield	906	870			876	737			1,025	481			1,036	1,224
CME Group	Chicago	573	650			685	550			699	667			631	741
Caterpillar	Deerfield	1,850	1,883			2,020	2,135			2,213	2,167			2,207	2,108
Illinois Tool Works	Glenview	824	860			868	889			871	932			839	903
Deere & Co	Moline	645	769			916	1,063			1,194	1,283			1,536	1,494
Walgreen's Boots Alliance	Deerfield	1,013	1,400			878	1,396			1,203	1,597			1,517	1,977
Exelon	Chicago	962	706			1,353	1,144			841	940			1,218	1,099
Motorola Solutions	Chicago	590	516			413	294			349	273			229	171
Total all 12 Largest Illinois Companies		12,797	12,553			15,492	17,007			11,895	16,956			17,406	18,246
….. % Change From Prior Year Quarter		2%				-9%				-30%				-5%
Toal Operating Income
….. Four Quarters 2019 Combined		57,590
….. Four Quarters 2018 Combined		64,762
………. % Decline		-11%