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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 4,825 $ 4,069
Cost of revenue (COR) 2,026 1,756
Gross profit 2,799 2,313
Research and development (R&D) 510 517
Selling, general and administrative (SG&A) 464 472
Acquisition charges 17 0
Operating profit 1,808 1,324
Other income (expense), net (OI&E) 47 80
Interest and debt expense 141 128
Income before income taxes 1,714 1,276
Provision for income taxes 169 97
Net income $ 1,545 $ 1,179
Earnings per common share (EPS):    
Basic (in dollars per share) $ 1.69 $ 1.29
Diluted (in dollars per share) $ 1.68 $ 1.28
Average shares outstanding:    
Basic (in shares) 909 910
Diluted (in shares) 914 916
Diluted EPS:    
Net income $ 1,545 $ 1,179
Income allocated to RSUs (9) (6)
Income allocated to common stock for diluted EPS $ 1,536 $ 1,173