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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Total net sales $ 108,518 $ 75,452
Operating expenses:    
Cost of sales 62,403 44,257
Fulfillment 16,530 11,531
Technology and content 12,488 9,325
Marketing 6,207 4,828
General and administrative 1,987 1,452
Other operating expense (income), net 38 70
Total operating expenses 99,653 71,463
Operating income 8,865 3,989
Interest income 105 202
Interest expense (399) (402)
Other income (expense), net 1,697 (406)
Total non-operating income (expense) 1,403 (606)
Income before income taxes 10,268 3,383
Provision for income taxes (2,156) (744)
Equity-method investment activity, net of tax (5) (104)
Net income $ 8,107 $ 2,535
Basic earnings per share (in usd per share) $ 16.09 $ 5.09
Diluted earnings per share (in usd per share) $ 15.79 $ 5.01
Weighted-average shares used in computation of earnings per share:    
Basic (in shares) 504 498
Diluted (in shares) 513 506
Product    
Total net sales $ 57,491 $ 41,841
Service    
Total net sales $ 51,027 $ 33,611