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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenue $ 4,017 $ 3,693 $ 7,806 $ 7,095
Cost of revenue (COR) 1,398 1,319 2,740 2,577
Gross profit 2,619 2,374 5,066 4,518
Research and development (R&D) 384 378 769 747
Selling, general and administrative (SG&A) 441 434 874 873
Acquisition charges 79 79 159 159
Restructuring charges/other 3 3 4 7
Operating profit 1,712 1,480 3,260 2,732
Other income (expense), net (OI&E) 24 26 52 47
Interest and debt expense 30 20 53 38
Income before income taxes 1,706 1,486 3,259 2,741
Provision for income taxes 301 430 488 688
Net income $ 1,405 $ 1,056 $ 2,771 $ 2,053
Earnings per common share (EPS):        
Basic (in dollars per share) $ 1.43 $ 1.05 $ 2.80 $ 2.04
Diluted (in dollars per share) $ 1.40 $ 1.03 $ 2.75 $ 2.00
Average shares outstanding (millions):        
Basic (in shares) 977 994 980 996
Diluted (in shares) 997 1,015 1,001 1,017
Cash dividends declared per common share (in dollars per share) $ 0.62 $ 0.50 $ 1.24 $ 1.00
Net income $ 1,405 $ 1,056 $ 2,771 $ 2,053
Income allocated to RSUs (11) (10) (22) (20)
Income allocated to common stock for diluted EPS $ 1,394 $ 1,046 $ 2,749 $ 2,033