XML 50 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue $ 1,534 $ 1,455
Costs and expenses:    
Cost of sales 459 518
Selling, general and administrative expenses 389 369
Research and development expenses 107 102
Amortization of intangible assets 40 38
Restructuring charges and certain acquisition-related costs 9 5
Interest expense, net of capitalized interest 53 56
Other (income)/deductions—net (20) (14)
Income before provision for taxes on income [1] 497 381
Provision for taxes on income 74 69
Net income before allocation to noncontrolling interests 423 312
Net income $ 423 $ 312
Earnings per share    
Basic (in dollars per share) $ 0.89 $ 0.65
Diluted (in dollars per share) $ 0.88 $ 0.65
Weighted-average common shares outstanding:    
Basic (in shares) 475.6 479.6
Diluted (in shares) 479.0 483.1
Dividends paid per common share (in dollars per share) $ 0.200 $ 0.164
[1] Defined as income before provision for taxes on income.