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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenue $ 4,069 $ 3,661
Cost of revenue (COR) 1,756 1,566
Gross profit 2,313 2,095
Research and development (R&D) 517 478
Selling, general and administrative (SG&A) 472 455
Restructuring charges/other 0 (124)
Operating profit 1,324 1,286
Other income (expense), net (OI&E) 80 123
Interest and debt expense 128 116
Income before income taxes 1,276 1,293
Provision for income taxes 97 188
Net income $ 1,179 $ 1,105
Earnings per common share (EPS):    
Basic (in dollars per share) $ 1.29 $ 1.21
Diluted (in dollars per share) $ 1.28 $ 1.20
Average shares outstanding:    
Basic (in shares) 910 910
Diluted (in shares) 916 917
Diluted EPS:    
Net income $ 1,179 $ 1,105
Income allocated to RSUs (6) (5)
Income allocated to common stock for diluted EPS $ 1,173 $ 1,100