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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 3,693 $ 3,273 $ 7,095 $ 6,281
Cost of revenue (COR) 1,319 1,266 2,577 2,445
Gross profit 2,374 2,007 4,518 3,836
Research and development (R&D) 378 341 747 663
Selling, general and administrative (SG&A) 434 454 873 895
Acquisition charges 79 79 159 159
Restructuring charges/other 3 2 7 4
Operating profit 1,480 1,131 2,732 2,115
Other income (expense), net (OI&E) 26 (8) 47 (20)
Interest and debt expense 20 21 38 43
Income before income taxes 1,486 1,102 2,741 2,052
Provision for income taxes 430 283 688 522
Net income $ 1,056 $ 819 $ 2,053 $ 1,530
Earnings per common share (EPS):        
Basic (in dollars per share) $ 1.05 $ 0.81 $ 2.04 $ 1.50
Diluted (in dollars per share) $ 1.03 $ 0.79 $ 2.00 $ 1.48
Average shares outstanding (millions):        
Basic (in shares) 994 1,004 996 1,005
Diluted (in shares) 1,015 1,020 1,017 1,021
Cash dividends declared per common share (in dollars per share) $ 0.50 $ 0.38 $ 1.00 $ 0.76
Net income $ 1,056 $ 819 $ 2,053 $ 1,530
Income allocated to RSUs (10) (10) (20) (19)
Income allocated to common stock for diluted EPS $ 1,046 $ 809 $ 2,033 $ 1,511