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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Product sales $ 5,474 $ 5,225 $ 10,713 $ 10,099
Other revenues 214 145 502 304
Total revenues 5,688 5,370 11,215 10,403
Operating expenses:        
Cost of sales 1,050 1,089 2,068 2,122
Research and development 900 964 1,772 1,858
Selling, general and administrative 1,292 1,160 2,495 2,186
Other 66 81 98 139
Total operating expenses 3,308 3,294 6,433 6,305
Operating income 2,380 2,076 4,782 4,098
Interest expense, net 313 277 607 529
Interest and other income, net 137 198 287 304
Income before income taxes 2,204 1,997 4,462 3,873
Provision for income taxes 334 344 692 597
Net income $ 1,870 $ 1,653 $ 3,770 $ 3,276
Earnings per share:        
Basic (in usd per share) $ 2.49 $ 2.18 $ 5.01 $ 4.30
Diluted (in usd per share) $ 2.47 $ 2.15 $ 4.97 $ 4.26
Shares used in calculation of earnings per share:        
Basic (in shares) 751 760 753 761
Diluted (in shares) 756 768 759 769
Dividends paid per share (in usd per share) $ 1.00 $ 0.79 $ 2.0 $ 1.58