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CONSOLIDATED STATEMENT OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Services $ 12,547 $ 13,018 $ 24,889 $ 25,409
Sales 6,324 6,792 11,727 12,671
Financing 418 429 827 843
Total revenue 19,289 20,238 37,443 38,923
Cost:        
Services 8,523 8,691 17,076 17,074
Sales 1,684 1,582 3,234 2,960
Financing 289 263 568 501
Total cost 10,495 10,536 20,878 20,535
Gross profit 8,794 9,702 16,565 18,388
Expense and other (income):        
Selling, general and administrative 5,160 5,349 10,312 11,361
Research, development and engineering 1,484 1,465 3,018 2,923
Intellectual property and custom development income (365) (365) (810) (582)
Other (income) and expense (76) 37 (104) 289
Interest expense 147 167 283 315
Total expense and other (income) 6,351 6,653 12,699 14,306
Income from continuing operations before income taxes 2,443 3,049 3,867 4,082
Provision for/(benefit from) income taxes 111 544 (218) (439)
Income from continuing operations 2,332 2,505 4,085 4,521
Loss from discontinued operations, net of tax (1) 0 (3) (3)
Net income $ 2,331 $ 2,504 $ 4,082 $ 4,518
Assuming dilution:        
Continuing operations (in dollars per share) $ 2.48 $ 2.61 $ 4.32 $ 4.69
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Total (in dollars per share) 2.48 2.61 4.32 4.69
Basic:        
Continuing operations (in dollars per share) 2.49 2.62 4.35 4.71
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Total (in dollars per share) $ 2.49 $ 2.62 $ 4.35 $ 4.71
Weighted-average number of common shares outstanding:        
Assuming dilution (in shares) 939.6 960.5 943.7 962.4
Basic (in shares) 934.9 957.4 938.7 959.5
Cash dividend per common share $ 1.50 $ 1.40 $ 2.90 $ 2.70