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Message : Required fields First-quarter 2021 profit per share was USD2.77, compared with USD1.98 profit per share in the first quarter of 2020. Profit per share for both quarters included restructuring costs, while the first quarter of 2020 also included a pre-tax remeasurement gain of USD254 million, or USD0.38 per share, resulting from the settlement of a non-U.S. pension obligation. Profit for the first quarter of 2021 was USD1.530 billion, an increase of USD438 million, or 40 percent, compared with USD1.092 billion for the first quarter of 2020. The increase was mostly due to higher sales volume. The absence of a remeasurement gain resulting from the settlement of a non-U.S. pension obligation that occurred in the first quarter of 2020 and higher selling, general and administrative (SG&A) and research and development (R&D) expenses were offset by favorable impacts from foreign exchange (gains) losses, unrealized gains (losses) on marketable securities at Insurance Service

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