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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Total net sales $ 113,080 $ 88,912 $ 221,598 $ 164,364
Operating expenses:        
Cost of sales 64,176 52,660 126,579 96,917
Fulfillment 17,638 13,806 34,168 25,337
Technology and content 13,871 10,388 26,359 19,713
Marketing 7,524 4,345 13,731 9,173
General and administrative 2,158 1,580 4,145 3,032
Other operating expense (income), net 11 290 49 360
Total operating expenses 105,378 83,069 205,031 154,532
Operating income 7,702 5,843 16,567 9,832
Interest income 106 135 211 337
Interest expense (435) (403) (834) (805)
Other income (expense), net 1,261 646 2,958 240
Total non-operating income (expense) 932 378 2,335 (228)
Income before income taxes 8,634 6,221 18,902 9,604
Provision for income taxes (868) (984) (3,024) (1,729)
Equity-method investment activity, net of tax 12 6 7 (97)
Net income $ 7,778 $ 5,243 $ 15,885 $ 7,778
Basic earnings per share (in usd per share) $ 15.40 $ 10.50 $ 31.49 $ 15.59
Diluted earnings per share (in usd per share) $ 15.12 $ 10.30 $ 30.92 $ 15.32
Weighted-average shares used in computation of earnings per share:        
Basic (in shares) 505 500 505 499
Diluted (in shares) 514 509 514 508
Product        
Total net sales $ 58,004 $ 50,244 $ 115,495 $ 92,085
Service        
Total net sales $ 55,076 $ 38,668 $ 106,103 $ 72,279