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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenue $ 4,379 $ 4,905
Cost of revenue (COR) 1,516 1,463
Gross profit 2,863 3,442
Research and development (R&D) 455 391
Selling, general and administrative (SG&A) 474 422
Restructuring charges/other 0 66
Operating profit 1,934 2,563
Other income (expense), net (OI&E) 80 15
Interest and debt expense 68 52
Income before income taxes 1,946 2,526
Provision for income taxes 238 325
Net income $ 1,708 $ 2,201
Earnings per common share (EPS):    
Basic (in dollars per share) $ 1.87 $ 2.37
Diluted (in dollars per share) $ 1.85 $ 2.35
Average shares outstanding:    
Basic (in shares) 907 923
Diluted (in shares) 916 934
Diluted EPS:    
Net income $ 1,708 $ 2,201
Income allocated to RSUs (9) (9)
Income allocated to common stock for diluted EPS $ 1,699 $ 2,192