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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenue $ 4,116 $ 3,675 $ 11,211 $ 9,956
Cost of revenue (COR) 1,460 1,391 4,037 3,836
Gross profit 2,656 2,284 7,174 6,120
Research and development (R&D) 375 353 1,122 1,016
Selling, general and administrative (SG&A) 412 442 1,285 1,337
Acquisition charges 80 80 239 239
Restructuring charges/other 1 1 8 5
Operating profit 1,788 1,408 4,520 3,523
Other income (expense), net (OI&E) 20 (9) 67 (29)
Interest and debt expense 19 18 57 61
Income before income taxes 1,789 1,381 4,530 3,433
Provision for income taxes 504 363 1,192 885
Net income $ 1,285 $ 1,018 $ 3,338 $ 2,548
Earnings per common share (EPS):        
Basic (in dollars per share) $ 1.29 $ 1.00 $ 3.33 $ 2.51
Diluted (in dollars per share) $ 1.26 $ 0.98 $ 3.26 $ 2.46
Average shares outstanding (millions):        
Basic (in shares) 988 1,003 993 1,004
Diluted (in shares) 1,008 1,023 1,014 1,022
Cash dividends declared per common share (in dollars per share) $ 0.50 $ 0.38 $ 1.50 $ 1.14
Net income $ 1,285 $ 1,018 $ 3,338 $ 2,548
Income allocated to RSUs (11) (11) (31) (31)
Income allocated to common stock for diluted EPS $ 1,274 $ 1,007 $ 3,307 $ 2,517