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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Total net sales $ 110,812 $ 96,145 $ 332,410 $ 260,509
Operating expenses:        
Cost of sales 62,930 57,106 189,509 154,023
Fulfillment 18,498 14,705 52,666 40,043
Technology and content 14,380 10,976 40,739 30,691
Marketing 8,010 5,434 21,741 14,605
General and administrative 2,153 1,668 6,298 4,700
Other operating expense (income), net (11) 62 38 421
Total operating expenses 105,960 89,951 310,991 244,483
Operating income 4,852 6,194 21,419 16,026
Interest income 119 118 330 455
Interest expense (493) (428) (1,327) (1,233)
Other income (expense), net (163) 925 2,795 1,165
Total non-operating income (expense) (537) 615 1,798 387
Income before income taxes 4,315 6,809 23,217 16,413
Provision for income taxes (1,155) (569) (4,179) (2,298)
Equity-method investment activity, net of tax (4) 91 3 (6)
Net income $ 3,156 $ 6,331 $ 19,041 $ 14,109
Basic earnings per share (in usd per share) $ 6.23 $ 12.63 $ 37.69 $ 28.24
Diluted earnings per share (in usd per share) $ 6.12 $ 12.37 $ 37.02 $ 27.72
Weighted-average shares used in computation of earnings per share:        
Basic (in shares) 507 501 505 500
Diluted (in shares) 515 512 514 509
Product        
Total net sales $ 54,876 $ 52,774 $ 170,371 $ 144,859
Service        
Total net sales $ 55,936 $ 43,371 $ 162,039 $ 115,650