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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 29, 2025
Jun. 23, 2024
Jun. 29, 2025
Jun. 23, 2024
Revenues:        
Equipment and services $ 8,893 $ 7,993 $ 28,193 $ 24,259
Licensing 1,472 1,400 4,820 4,459
Total revenues 10,365 9,393 33,013 28,718
Costs and expenses:        
Cost of revenues 4,606 4,174 14,704 12,593
Research and development 2,226 2,259 6,672 6,591
Selling, general and administrative 771 664 2,200 1,998
Other 0 75 0 47
Total costs and expenses 7,603 7,172 23,576 21,229
Operating income 2,762 2,221 9,437 7,489
Interest expense (168) (168) (493) (517)
Investment and other income, net 358 226 748 768
Income from continuing operations before income taxes 2,952 2,279 9,692 7,740
Income tax expense (286) (171) (1,034) (545)
Income from continuing operations 2,666 2,108 8,658 7,195
Discontinued operations, net of income taxes 0 21 0 27
Net income $ 2,666 $ 2,129 $ 8,658 $ 7,222
Basic earnings per share, Continuing operations $ 2.44 $ 1.89 $ 7.85 $ 6.45
Basic loss per share, Discontinued operations 0 0.02 0 0.02
Basic earnings per share 2.44 1.91 7.85 6.47
Diluted earnings per share, Continuing operations 2.43 1.86 7.79 6.37
Diluted loss per share, Discontinued operations 0 0.02 0 0.02
Diluted earnings per share $ 2.43 $ 1.88 $ 7.79 $ 6.39
Shares used in per share calculations:        
Basic 1,092 1,116 1,102 1,116
Diluted 1,099 1,134 1,112 1,130