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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 6,206 $ 5,871 $ 12,367 $ 11,428
Operating expenses:        
Cost of sales 1,488 1,012 3,001 2,067
Research and development 964 924 1,916 1,803
Selling, general and administrative 1,295 1,260 2,611 2,414
Other 136 (3) 161 (6)
Total operating expenses 3,883 3,193 7,689 6,278
Operating income 2,323 2,678 4,678 5,150
Interest expense, net 296 332 642 675
Interest and other income, net 3 218 14 403
Income before income taxes 2,030 2,564 4,050 4,878
Provision for income taxes 227 385 422 707
Net income $ 1,803 $ 2,179 $ 3,628 $ 4,171
Earnings per share:        
Basic (in usd per share) $ 3.07 $ 3.59 $ 6.16 $ 6.78
Diluted (in usd per share) $ 3.05 $ 3.57 $ 6.12 $ 6.75
Shares used in calculation of earnings per share:        
Basic (in shares) 588 607 589 615
Diluted (in shares) 592 610 593 618
Product sales [Member]        
Revenues:        
Product sales $ 5,908 $ 5,574 $ 11,802 $ 10,860
Other revenues [Member]        
Revenues:        
Total revenues $ 298 $ 297 $ 565 $ 568