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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Product sales $ 3,893 $ 3,613 $ 7,511 $ 7,141
Other revenues 66 191 154 255
Total revenues 3,959 3,804 7,665 7,396
Operating expenses:        
Cost of sales (excludes amortization of certain acquired intangible assets presented below) 602 553 1,166 1,061
Research and development 819 675 1,555 1,321
Selling, general and administrative 1,130 986 2,153 1,870
Amortization of certain acquired intangible assets 73 73 147 147
Other 3 0 19 (1)
Total operating expenses 2,627 2,287 5,040 4,398
Operating income 1,332 1,517 2,625 2,998
Interest expense, net 122 147 257 292
Interest and other income, net 129 94 277 178
Income before income taxes 1,339 1,464 2,645 2,884
Provision for income taxes 169 262 350 515
Net income $ 1,170 $ 1,202 $ 2,295 $ 2,369
Earnings per share:        
Basic $ 1.26 $ 1.25 $ 2.47 $ 2.44
Diluted $ 1.25 $ 1.25 $ 2.45 $ 2.43
Shares used in calculation of earnings per share:        
Basic 927 959 930 970
Diluted 935 964 938 976