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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 3,817 $ 3,771 $ 10,385 $ 11,033
Cost of revenue (COR) 1,364 1,325 3,762 3,966
Gross profit 2,453 2,446 6,623 7,067
Research and development (R&D) 386 379 1,142 1,158
Selling, general and administrative (SG&A) 407 399 1,225 1,233
Acquisition charges 51 79 151 238
Restructuring charges 0 0 24 (36)
Operating profit 1,609 1,589 4,081 4,474
Other income (expense), net (OI&E) 27 34 151 122
Interest and debt expense 49 43 142 125
Income before income taxes 1,587 1,580 4,090 4,471
Provision for income taxes 234 155 183 524
Net income $ 1,353 $ 1,425 $ 3,907 $ 3,947
Earnings per common share (EPS):        
Basic (in dollars per share) $ 1.47 $ 1.51 $ 4.22 $ 4.19
Diluted (in dollars per share) $ 1.45 $ 1.49 $ 4.17 $ 4.12
Average shares outstanding (millions):        
Basic (in shares) 917 935 921 937
Diluted (in shares) 929 950 933 953
Diluted EPS:        
Net income $ 1,353 $ 1,425 $ 3,907 $ 3,947
Income allocated to RSUs (6) (8) (19) (25)
Income allocated to common stock for diluted EPS $ 1,347 $ 1,417 $ 3,888 $ 3,922