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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total net sales $ 134,383 $ 121,234 $ 261,741 $ 237,678
Operating expenses:        
Cost of sales 69,373 66,424 137,164 132,923
Fulfillment 21,305 20,342 42,210 40,613
Technology and infrastructure 21,931 18,072 42,381 32,914
Sales and marketing 10,745 10,086 20,917 18,406
General and administrative 3,202 2,903 6,245 5,497
Other operating expense (income), net 146 90 369 339
Total operating expenses 126,702 117,917 249,286 230,692
Operating income 7,681 3,317 12,455 6,986
Interest income 661 159 1,272 267
Interest expense (840) (584) (1,663) (1,056)
Other income (expense), net 61 (5,545) (382) (14,115)
Total non-operating expense (118) (5,970) (773) (14,904)
Income (loss) before income taxes 7,563 (2,653) 11,682 (7,918)
Benefit (provision) for income taxes (804) 637 (1,752) 2,059
Equity-method investment activity, net of tax (9) (12) (8) (13)
Net income (loss) $ 6,750 $ (2,028) $ 9,922 $ (5,872)
Basic earnings per share (in usd per share) $ 0.66 $ (0.20) $ 0.97 $ (0.58)
Diluted earnings per share (in usd per share) $ 0.65 $ (0.20) $ 0.95 $ (0.58)
Weighted-average shares used in computation of earnings per share:        
Basic (in shares) 10,285 10,175 10,268 10,173
Diluted (in shares) 10,449 10,175 10,398 10,173
Product        
Total net sales $ 59,032 $ 56,575 $ 116,013 $ 113,030
Service        
Total net sales $ 75,351 $ 64,659 $ 145,728 $ 124,648