XML 21 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Revenue $ 13,000 $ 13,045 $ 12,205
Cost of revenue (COR) 5,440 5,618 5,841
Gross profit 7,560 7,427 6,364
Research and development (R&D) 1,280 1,358 1,522
Selling, general and administrative (SG&A) 1,748 1,843 1,858
Acquisition charges 329 330 341
Restructuring charges/other (71) (51) (189)
Operating profit 4,274 3,947 2,832
Other income (expense), net (OI&E) 32 21 17
Interest and debt expense 90 94 95
Income before income taxes 4,216 3,874 2,754
Provision for income taxes 1,230 1,053 592
Net income $ 2,986 $ 2,821 $ 2,162
Earnings per common share (EPS):      
Basic (in dollars per share) $ 2.86 $ 2.61 $ 1.94
Diluted (in dollars per share) $ 2.82 $ 2.57 $ 1.91
Average shares outstanding (millions):      
Basic (in shares) 1,030 1,065 1,098
Diluted (in shares) 1,043 1,080 1,113
Cash dividends declared per common share (in dollars per share) $ 1.40 $ 1.24 $ 1.07
Net income $ 2,986 $ 2,821 $ 2,162
Income allocated to RSUs (42) (43) (36)
Income allocated to common stock for diluted EPS $ 2,944 $ 2,778 $ 2,126