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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 9,048 $ 8,386 $ 7,477
Cost of products sold 2,593 2,424 2,173
Gross profit 6,455 5,962 5,304
Operating expenses:      
Selling, general and administrative expenses 3,294 3,099 2,873
Research and development expenses 997 920 876
Royalty expense 68 79 70
Amortization expense 565 545 495
Intangible asset impairment charges 4 11 19
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability (80) 29 123
Restructuring charges (credits) 37 28 26
Litigation-related charges (credits) 285 804 1,105
Operating expenses 5,170 5,515 5,587
Operating income (loss) 1,285 447 (283)
Other income (expense):      
Interest expense (229) (233) (284)
Other, net (124) (37) (83)
Income (loss) before income taxes 933 177 (650)
Income tax (benefit) expense 828 (170) (411)
Net income (loss) $ 104 $ 347 $ (239)
Net income (loss) per common share — basic $ 0.08 $ 0.26 $ (0.18)
Net income (loss) per common share — assuming dilution $ 0.08 $ 0.25 $ (0.18)
Pension termination charges $ 0 $ 0 $ 44
Weighted-average shares outstanding      
Basic 1,370.1 1,357.6 1,341.2
Assuming dilution 1,392.7 1,377.2 1,341.2