XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenue $ 3,675 $ 3,429 $ 9,956 $ 9,811
Cost of revenue (COR) 1,395 1,432 3,849 4,117
Gross profit 2,280 1,997 6,107 5,694
Research and development (R&D) 356 316 1,027 974
Selling, general and administrative (SG&A) 448 434 1,356 1,343
Acquisition charges 80 83 239 248
Restructuring charges/other 1 0 5 (3)
Operating profit 1,395 1,164 3,480 3,132
Other income (expense), net (OI&E) 4 6 14 13
Interest and debt expense 18 22 61 68
Income before income taxes 1,381 1,148 3,433 3,077
Provision for income taxes 413 350 1,018 927
Net income $ 968 $ 798 $ 2,415 $ 2,150
Earnings per common share (EPS):        
Basic (in dollars per share) $ 0.95 $ 0.77 $ 2.37 $ 2.05
Diluted (in dollars per share) $ 0.94 $ 0.76 $ 2.34 $ 2.02
Average shares outstanding (millions):        
Basic (in shares) 1,003 1,023 1,004 1,036
Diluted (in shares) 1,017 1,035 1,017 1,049
Cash dividends declared per common share (in dollars per share) $ 0.38 $ 0.34 $ 1.14 $ 1.02
Net income $ 968 $ 798 $ 2,415 $ 2,150
Income allocated to RSUs (11) (11) (29) (30)
Income allocated to common stock for diluted EPS $ 957 $ 787 $ 2,386 $ 2,120