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Consolidated statements of income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenue $ 12,825 $ 13,735 $ 13,966
Cost of revenue (COR) 6,457 6,963 6,474
Gross profit 6,368 6,772 7,492
Research and development (R&D) 1,877 1,715 1,570
Selling, general and administrative (SG&A) 1,804 1,638 1,519
Acquisition charges 450 315 0
Restructuring charges/other 264 112 (111)
Operating profit 1,973 2,992 4,514
Other income (expense) net (OI&E) 47 5 37
Interest and debt expense 85 42 0
Income before income taxes 1,935 2,955 4,551
Provision for income taxes 176 719 1,323
Net income $ 1,759 $ 2,236 $ 3,228
Earnings per common share:      
Basic $ 1.53 $ 1.91 $ 2.66
Diluted $ 1.51 $ 1.88 $ 2.62
Average shares outstanding (millions):      
Basic 1,132 1,151 1,199
Diluted 1,146 1,171 1,213
Cash dividends declared per share of common stock $ 0.72 $ 0.56 $ 0.49