XML 18 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]                      
Revenue $ 3,750 $ 4,116 $ 3,693 $ 3,402 $ 3,414 $ 3,675 $ 3,273 $ 3,008 $ 14,961 $ 13,370 $ 13,000
Cost of revenue (COR)                 5,347 5,113 5,425
Gross profit 2,440 2,656 2,374 2,144 2,137 2,284 2,007 1,829 9,614 8,257 7,575
Research and development (R&D)                 1,508 1,356 1,267
Selling, general and administrative (SG&A)                 1,694 1,742 1,728
Acquisition charges 79 80 79 80 80 80 79 80 318 319 329
Restructuring charges/other 3 1 3 4 (20) 1 2 2 11 (15) (71)
Operating profit 1,563 1,788 1,480 1,252 1,332 1,408 1,131 984 6,083 4,855 4,322
Other income (expense), net (OI&E)                 75 155 (16)
Interest and debt expense                 78 80 90
Income before income taxes                 6,080 4,930 4,216
Provision for income taxes                 2,398 1,335 1,230
Net income $ 344 $ 1,285 $ 1,056 $ 997 $ 1,047 $ 1,018 $ 819 $ 711 $ 3,682 $ 3,595 $ 2,986
Earnings per common share (EPS):                      
Basic (in dollars per share) $ 0.35 $ 1.29 $ 1.05 $ 0.99 $ 1.04 $ 1.00 $ 0.81 $ 0.70 $ 3.68 $ 3.54 $ 2.86
Diluted (in dollars per share) $ 0.34 $ 1.26 $ 1.03 $ 0.97 $ 1.02 $ 0.98 $ 0.79 $ 0.69 $ 3.61 $ 3.48 $ 2.82
Average shares outstanding (millions):                      
Basic (in shares)                 991 1,003 1,030
Diluted (in shares)                 1,012 1,021 1,043
Cash dividends declared per common share (in dollars per share)                 $ 2.12 $ 1.64 $ 1.40
Net income $ 344 $ 1,285 $ 1,056 $ 997 $ 1,047 $ 1,018 $ 819 $ 711 $ 3,682 $ 3,595 $ 2,986
Income allocated to RSUs                 (33) (44) (42)
Income allocated to common stock for diluted EPS                 $ 3,649 $ 3,551 $ 2,944