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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue $ 3,661 $ 4,379
Cost of revenue (COR) 1,566 1,516
Gross profit 2,095 2,863
Research and development (R&D) 478 455
Selling, general and administrative (SG&A) 455 474
Restructuring charges/other (124) 0
Operating profit 1,286 1,934
Other income (expense), net (OI&E) 123 80
Interest and debt expense 116 68
Income before income taxes 1,293 1,946
Provision for income taxes 188 238
Net income $ 1,105 $ 1,708
Earnings per common share (EPS):    
Basic (in dollars per share) $ 1.21 $ 1.87
Diluted (in dollars per share) $ 1.20 $ 1.85
Average shares outstanding:    
Basic (in shares) 910 907
Diluted (in shares) 917 916
Diluted EPS:    
Net income $ 1,105 $ 1,708
Income allocated to RSUs (5) (9)
Income allocated to common stock for diluted EPS $ 1,100 $ 1,699