XML 42 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Basis of Presentation and Significant Accounting Policies and Practices (Tables)
12 Months Ended
Dec. 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 Years Ended December 31,

 

 

2017

 

 

2016

 

 

2015

 

 

Net

 

 

 

 

 

 

 

 

 

Net

 

 

 

 

 

 

 

 

 

Net

 

 

 

 

 

 

 

 

 

Income

 

 

Shares

 

 

EPS

 

 

Income

 

 

Shares

 

 

EPS

 

 

Income

 

 

Shares

 

 

EPS

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

3,682

 

 

 

 

 

 

 

 

 

 

 

$

 

3,595

 

 

 

 

 

 

 

 

 

 

 

$

 

2,986

 

 

 

 

 

 

 

 

 

 

Income allocated to RSUs

 

 

(34

)

 

 

 

 

 

 

 

 

 

 

 

 

(45

)

 

 

 

 

 

 

 

 

 

 

 

 

(43

)

 

 

 

 

 

 

 

 

 

Income allocated to common stock for

   basic EPS calculation

$

 

3,648

 

 

 

991

 

 

$

 

3.68

 

 

$

 

3,550

 

 

 

1,003

 

 

$

 

3.54

 

 

$

 

2,943

 

 

 

1,030

 

 

$

 

2.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjustment for dilutive shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock compensation plans

 

 

 

 

 

 

21

 

 

 

 

 

 

 

 

 

 

 

 

 

18

 

 

 

 

 

 

 

 

 

 

 

 

 

13

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

3,682

 

 

 

 

 

 

 

 

 

 

 

$

 

3,595

 

 

 

 

 

 

 

 

 

 

 

$

 

2,986

 

 

 

 

 

 

 

 

 

 

Income allocated to RSUs

 

 

(33

)

 

 

 

 

 

 

 

 

 

 

 

 

(44

)

 

 

 

 

 

 

 

 

 

 

 

 

(42

)

 

 

 

 

 

 

 

 

 

Income allocated to common stock for

   diluted EPS calculation

$

 

3,649

 

 

 

1,012

 

 

$

 

3.61

 

 

$

 

3,551

 

 

 

1,021

 

 

$

 

3.48

 

 

$

 

2,944

 

 

 

1,043

 

 

$

 

2.82

 

 


 

Effects on Consolidated Statements of Income

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 were affected:

 

For The Years Ended December 31,

 

 

2016

 

 

2015

 

 

Reported

 

 

Recast

 

 

Reported

 

 

Recast

 

COR

$

 

5,130

 

 

$

 

5,113

 

 

$

 

5,440

 

 

$

 

5,425

 

Gross profit

 

 

8,240

 

 

 

 

8,257

 

 

 

 

7,560

 

 

 

 

7,575

 

R&D

 

 

1,370

 

 

 

 

1,356

 

 

 

 

1,280

 

 

 

 

1,267

 

SG&A

 

 

1,767

 

 

 

 

1,742

 

 

 

 

1,748

 

 

 

 

1,728

 

Operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Analog

 

 

3,380

 

 

 

 

3,416

 

 

 

 

3,048

 

 

 

 

3,077

 

Embedded Processing

 

 

801

 

 

 

 

817

 

 

 

 

596

 

 

 

 

611

 

Other

 

 

618

 

 

 

 

622

 

 

 

 

630

 

 

 

 

634

 

Total operating profit

 

 

4,799

 

 

 

 

4,855

 

 

 

 

4,274

 

 

 

 

4,322

 

OI&E

 

 

211

 

 

 

 

155

 

 

 

 

32

 

 

 

 

(16

)