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CONSOLIDATED STATEMENT OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Services $ 12,938 $ 12,327 $ 38,347 $ 37,290
Sales 5,872 6,501 18,542 20,990
Financing 417 452 1,260 1,403
Total revenue 19,226 19,280 58,149 59,682
Cost:        
Services 8,418 8,067 25,492 24,776
Sales 1,536 1,544 4,496 4,895
Financing 259 233 760 733
Total cost 10,213 9,844 30,748 30,405
Gross profit 9,013 9,436 27,401 29,278
Expense and other (income):        
Selling, general and administrative 4,732 4,731 16,093 15,273
Research, development and engineering 1,397 1,287 4,320 3,885
Intellectual property and custom development income (528) (188) (1,110) (489)
Other (income) and expense (8) (133) 281 (578)
Interest expense 158 117 473 340
Total expense and other (income) 5,751 5,815 20,056 18,431
Income from continuing operations before income taxes 3,263 3,621 7,345 10,846
Provision for/(benefit from) income taxes 409 659 (31) 1,943
Income from continuing operations 2,854 2,962 7,375 8,904
Loss from discontinued operations, net of tax (1) (12) (4) (176)
Net income $ 2,853 $ 2,950 $ 7,371 $ 8,727
Assuming dilution:        
Continuing operations (in dollars per share) $ 2.98 $ 3.02 $ 7.67 $ 9.03
Discontinued operations (in dollars per share) 0.00 (0.01) 0.00 (0.18)
Total (in dollars per share) 2.98 3.01 7.67 8.85
Basic:        
Continuing operations (in dollars per share) 2.99 3.04 7.70 9.07
Discontinued operations (in dollars per share) 0.00 (0.01) 0.00 (0.18)
Total (in dollars per share) $ 2.99 $ 3.03 $ 7.70 $ 8.89
Weighted-average number of common shares outstanding:        
Assuming dilution (in shares) 957.3 979.0 960.7 986.0
Basic (in shares) 954.0 975.1 957.7 981.8
Cash dividend per common share $ 1.40 $ 1.30 $ 4.10 $ 3.70