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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 30, 2025
Mar. 24, 2024
Mar. 30, 2025
Mar. 24, 2024
Revenues:        
Equipment and services $ 9,359 $ 7,950 $ 19,301 $ 16,266
Licensing 1,620 1,439 3,348 3,059
Total revenues 10,979 9,389 22,649 19,325
Costs and expenses:        
Cost of revenues 4,937 4,106 10,098 8,418
Research and development 2,216 2,236 4,446 4,332
Selling, general and administrative 706 707 1,430 1,335
Other 0 0 0 (28)
Total costs and expenses 7,859 7,049 15,974 14,057
Operating income 3,120 2,340 6,675 5,268
Interest expense (163) (172) (326) (350)
Investment and other income, net 148 330 391 542
Income from continuing operations before income taxes 3,105 2,498 6,740 5,460
Income tax expense (293) (223) (748) (373)
Income from continuing operations 2,812 2,275 5,992 5,087
Discontinued operations, net of income taxes 0 51 0 6
Net income $ 2,812 $ 2,326 $ 5,992 $ 5,093
Basic earnings per share, Continuing operations $ 2.55 $ 2.03 $ 5.41 $ 4.55
Basic loss per share, Discontinued operations 0 0.05 0 0.01
Basic earnings per share 2.55 2.08 5.41 4.56
Diluted earnings per share, Continuing operations 2.52 2.02 5.36 4.50
Diluted loss per share, Discontinued operations 0 0.04 0 0.01
Diluted earnings per share $ 2.52 $ 2.06 $ 5.36 $ 4.51
Shares used in per share calculations:        
Basic 1,104 1,117 1,107 1,116
Diluted 1,115 1,130 1,118 1,129