XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Basis of Presentation and Significant Accounting Policies and Practices (Tables)
3 Months Ended
Mar. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Earnings per Share, Basic and Diluted

Computation and reconciliation of earnings per common share are as follows (shares in millions):

 

 

For Three Months Ended March 31,

 

 

2017

 

 

2016

 

 

Net

 

 

 

 

 

 

 

 

 

Net

 

 

 

 

 

 

 

 

 

Income

 

 

Shares

 

 

EPS

 

 

Income

 

 

Shares

 

 

EPS

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

997

 

 

 

 

 

 

 

 

 

 

 

$

 

711

 

 

 

 

 

 

 

 

 

 

Income allocated to RSUs

 

 

(10

)

 

 

 

 

 

 

 

 

 

 

 

 

(9

)

 

 

 

 

 

 

 

 

 

Income allocated to common stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for basic EPS calculation

$

 

987

 

 

 

998

 

 

$

 

.99

 

 

$

 

702

 

 

 

1,007

 

 

$

 

.70

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjustment for dilutive shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock compensation plans

 

 

 

 

 

 

21

 

 

 

 

 

 

 

 

 

 

 

 

 

15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

997

 

 

 

 

 

 

 

 

 

 

 

$

 

711

 

 

 

 

 

 

 

 

 

 

Income allocated to RSUs

 

 

(10

)

 

 

 

 

 

 

 

 

 

 

 

 

(9

)

 

 

 

 

 

 

 

 

 

Income allocated to common stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

for diluted EPS calculation

$

 

987

 

 

 

1,019

 

 

$

 

.97

 

 

$

 

702

 

 

 

1,022

 

 

$

 

.69

 

 

Effects on Consolidated Statements of Income

While the adoption of this standard did not impact Revenue, Net income, Earnings per common share or Cash flows from operating activities, the following components on the Consolidated Statements of Income for the three months ended March 31, 2016 were affected:

 

For Three Months Ended March 31, 2016

 

 

Reported

 

 

Recast

 

COR

$

 

1,184

 

 

$

 

1,179

 

Gross profit

 

 

1,824

 

 

 

 

1,829

 

R&D

 

 

326

 

 

 

 

322

 

SG&A

 

 

448

 

 

 

 

441

 

Operating profit:

 

 

 

 

 

 

 

 

 

Analog

 

 

679

 

 

 

 

688

 

Embedded Processing

 

 

182

 

 

 

 

187

 

Other

 

 

107

 

 

 

 

109

 

Total operating profit

 

 

968

 

 

 

 

984

 

OI&E

 

 

4

 

 

 

 

(12

)