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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue $ 5,212 $ 4,580 $ 10,117 $ 8,869
Cost of revenue (COR) 1,587 1,503 3,050 2,995
Gross profit 3,625 3,077 7,067 5,874
Research and development (R&D) 414 391 805 777
Selling, general and administrative (SG&A) 422 425 844 850
Acquisition charges 0 48 0 95
Restructuring charges/other 66 0 132 0
Operating profit 2,723 2,213 5,286 4,152
Other income (expense), net (OI&E) 7 73 22 119
Interest and debt expense 49 44 101 90
Income before income taxes 2,681 2,242 5,207 4,181
Provision for income taxes 390 311 715 497
Net income $ 2,291 $ 1,931 $ 4,492 $ 3,684
Earnings per common share (EPS):        
Basic (in dollars per share) $ 2.48 $ 2.08 $ 4.85 $ 3.98
Diluted (in dollars per share) $ 2.45 $ 2.05 $ 4.80 $ 3.92
Average shares outstanding:        
Basic (in shares) 920 923 922 923
Diluted (in shares) 930 937 932 936
Diluted EPS:        
Net income $ 2,291 $ 1,931 $ 4,492 $ 3,684
Income allocated to RSUs (10) (7) (19) (15)
Income allocated to common stock for diluted EPS $ 2,281 $ 1,924 $ 4,473 $ 3,669