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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 4,643 $ 3,817 $ 13,512 $ 10,385
Cost of revenue (COR) 1,491 1,364 4,486 3,762
Gross profit 3,152 2,453 9,026 6,623
Research and development (R&D) 388 386 1,165 1,142
Selling, general and administrative (SG&A) 412 407 1,262 1,225
Acquisition charges 47 51 142 151
Restructuring charges/other 0 0 0 24
Operating profit 2,305 1,609 6,457 4,081
Other income (expense), net (OI&E) 15 27 134 151
Interest and debt expense 45 49 135 142
Income before income taxes 2,275 1,587 6,456 4,090
Provision for income taxes 328 234 825 183
Net income $ 1,947 $ 1,353 $ 5,631 $ 3,907
Earnings per common share (EPS):        
Basic (in dollars per share) $ 2.10 $ 1.47 $ 6.08 $ 4.22
Diluted (in dollars per share) $ 2.07 $ 1.45 $ 5.99 $ 4.17
Average shares outstanding (millions):        
Basic (in shares) 923 917 923 921
Diluted (in shares) 936 929 936 933
Diluted EPS:        
Net income $ 1,947 $ 1,353 $ 5,631 $ 3,907
Income allocated to RSUs (9) (6) (24) (19)
Income allocated to common stock for diluted EPS $ 1,938 $ 1,347 $ 5,607 $ 3,888