Consolidated statements of income (USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Revenue	$ 13,735	$ 13,966	$ 10,427
Cost of revenue (COR)	6,963	6,474	5,428
Gross profit	6,772	7,492	4,999
Research and development (R&D)	1,715	1,570	1,476
Selling, general and administrative (SG&A)	1,638	1,519	1,320
Restructuring charges	112	33	212
Acquisition charges/divestiture (gain)	315	(144)	0
Operating profit	2,992	4,514	1,991
Other income (expense) net (OI&E)	5	37	26
Interest and debt expense	42	0	0
Income before income taxes	2,955	4,551	2,017
Provision for income taxes	719	1,323	547
Net income	$ 2,236	$ 3,228	$ 1,470
Earnings per common share:
Basic	$ 1.91	$ 2.66	$ 1.16
Diluted	$ 1.88	$ 2.62	$ 1.15
Average shares outstanding (millions):
Basic	1,151	1,199	1,260
Diluted	1,171	1,213	1,269
Cash dividends declared per share of common stock	$ 0.56	$ 0.49	$ 0.45

This element represents two items 1) acquisition-related costs incurred to effect a business combination which costs have been expensed during the period for potential significant acquisitions. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. 2) The net gain or loss resulting from the sale, transfer, termination, or other disposition of assets during the period, excluding transactions involving capital leases, assets-held- or available-for-lease, and other real estate owned which, to the extent appropriate, are included in gains (losses) on the disposition of assets in nonoperating income (expense).

No definition available.