Basis of Presentation and Significant Accounting Policies and Practices (Tables)

9 Months Ended

Sep. 30, 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 September 30,
	2017							2016
	Net							Net
	Income			Shares		EPS		Income			Shares		EPS
Basic EPS:
Net income	$	1,285						$	1,018
Income allocated to RSUs		(11	)						(12	)
Income allocated to common stock
for basic EPS calculation	$	1,274			988	$	1.29	$	1,006			1,003	$	1.00
Adjustment for dilutive shares:
Stock compensation plans					20							20
Diluted EPS:
Net income	$	1,285						$	1,018
Income allocated to RSUs		(11	)						(11	)
Income allocated to common stock
for diluted EPS calculation	$	1,274			1,008	$	1.26	$	1,007			1,023	$	.98

	For Nine Months Ended September 30,
	2017							2016
	Net							Net
	Income			Shares		EPS		Income			Shares		EPS
Basic EPS:
Net income	$	3,338						$	2,548
Income allocated to RSUs		(32	)						(31	)
Income allocated to common stock
for basic EPS calculation	$	3,306			993	$	3.33	$	2,517			1,004	$	2.51
Adjustment for dilutive shares:
Stock compensation plans					21							18
Diluted EPS:
Net income	$	3,338						$	2,548
Income allocated to RSUs		(31	)						(31	)
Income allocated to common stock
for diluted EPS calculation	$	3,307			1,014	$	3.26	$	2,517			1,022	$	2.46

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 and nine months ended September 30, 2016, were affected:

	For Three Months Ended September 30, 2016					For Nine Months Ended September 30, 2016
	Reported		Recast			Reported		Recast
COR	$	1,395	$	1,391		$	3,849	$	3,836
Gross profit		2,280		2,284			6,107		6,120
R&D		356		353			1,027		1,016
SG&A		448		442			1,356		1,337
Operating profit:
Analog		949		957			2,399		2,426
Embedded Processing		220		224			591		603
Other		226		227			490		494
Total operating profit		1,395		1,408			3,480		3,523
OI&E		4		(9	)		14		(29	)