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CONSOLIDATED INCOME STATEMENT - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue $ 14,252 $ 14,197
Cost 6,743 6,862
Gross profit 7,509 7,335
Expense and other (income)    
Selling, general and administrative 4,853 4,597
Research, development and engineering 1,655 1,679
Intellectual property and custom development income (180) (121)
Other (income) and expense (245) 246
Interest expense 367 311
Total expense and other (income) 6,451 6,712
Income from continuing operations before income taxes 1,058 623
Provision for/(benefit from) income taxes 124 (39)
Income from continuing operations 934 662
Income/(loss) from discontinued operations, net of tax (7) 71
Net income $ 927 $ 733
Assuming dilution    
Continuing operations (in dollars per share) $ 1.02 $ 0.73
Discontinued operations (in dollars per share) (0.01) 0.08
Total (in dollars per share) 1.01 0.81
Basic    
Continuing operations (in dollars per share) 1.03 0.74
Discontinued operations (in dollars per share) (0.01) 0.08
Total (in dollars per share) $ 1.02 $ 0.82
Weighted-average number of common shares outstanding    
Assuming dilution (in shares) 917,845,279 909,226,136
Basic (in shares) 907,526,887 899,316,026
Services    
Revenue $ 7,524 $ 7,703
Cost 5,310 5,349
Sales    
Revenue 6,532 6,339
Cost 1,322 1,415
Financing.    
Revenue 196 155
Cost $ 110 $ 98