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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenue $ 15,641 $ 17,519 $ 20,028
Cost of revenue (COR) 6,547 6,500 6,257
Gross profit 9,094 11,019 13,771
Research and development (R&D) 1,959 1,863 1,670
Selling, general and administrative (SG&A) 1,794 1,825 1,704
Restructuring charges/other (124) 0 257
Operating profit 5,465 7,331 10,140
Other income (expense), net (OI&E) 496 440 106
Interest and debt expense 508 353 214
Income before income taxes 5,453 7,418 10,032
Provision for income taxes 654 908 1,283
Net income $ 4,799 $ 6,510 $ 8,749
Earnings per common share (EPS):      
Basic (in dollars per share) $ 5.24 $ 7.13 $ 9.51
Diluted (in dollars per share) $ 5.20 $ 7.07 $ 9.41
Average shares outstanding:      
Basic (in shares) 912 908 916
Diluted (in shares) 919 916 926
Diluted EPS:      
Net income $ 4,799 $ 6,510 $ 8,749
Income allocated to RSUs (24) (33) (39)
Income allocated to common stock for diluted EPS $ 4,775 $ 6,477 $ 8,710