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Quarterly Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Unaudited quarterly results are as follows (in millions, except per share data):
 
 
Year Ended December 31, 2015 (1)
 
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Net sales
 
$
35,747

 
$
25,358

 
$
23,185

 
$
22,717

Income (loss) from operations
 
1,108

 
406

 
464

 
255

Income (loss) before income taxes
 
938

 
247

 
362

 
21

Provision for income taxes
 
(453
)
 
(161
)
 
(266
)
 
(71
)
Net income (loss)
 
482

 
79

 
92

 
(57
)
Basic earnings per share
 
1.03

 
0.17

 
0.20

 
(0.12
)
Diluted earnings per share
 
1.00

 
0.17

 
0.19

 
(0.12
)
Shares used in computation of earnings per share:
 
 
 
 
 
 
 
 
Basic
 
470

 
468

 
467

 
465

Diluted
 
481

 
478

 
476

 
465

 
 
Year Ended December 31, 2014 (1)
 
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Net sales
 
$
29,328

 
$
20,579

 
$
19,340

 
$
19,741

Income (loss) from operations
 
591

 
(544
)
 
(15
)
 
146

Income (loss) before income taxes
 
429

 
(634
)
 
(27
)
 
120

Benefit (provision) for income taxes
 
(205
)
 
205

 
(94
)
 
(73
)
Net income (loss)
 
214

 
(437
)
 
(126
)
 
108

Basic earnings per share
 
0.46

 
(0.95
)
 
(0.27
)
 
0.23

Diluted earnings per share
 
0.45

 
(0.95
)
 
(0.27
)
 
0.23

Shares used in computation of earnings per share:
 
 
 
 
 
 
 
 
Basic
 
464

 
463

 
461

 
460

Diluted
 
472

 
463

 
461

 
468

 ___________________
(1)
The sum of quarterly amounts, including per share amounts, may not equal amounts reported for year-to-date periods. This is due to the effects of rounding and changes in the number of weighted-average shares outstanding for each period.