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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Product sales $ 5,574 $ 5,474 $ 10,773 $ 10,713
Other revenues 236 214 501 502
Total revenues 5,810 5,688 11,274 11,215
Operating expenses:        
Cost of sales 1,024 1,050 2,020 2,068
Research and development 873 900 1,642 1,772
Selling, general and administrative 1,209 1,292 2,273 2,495
Other 6 66 50 98
Total operating expenses 3,112 3,308 5,985 6,433
Operating income 2,698 2,380 5,289 4,782
Interest expense, net 321 313 647 607
Interest and other income, net 165 137 360 287
Income before income taxes 2,542 2,204 5,002 4,462
Provision for income taxes 391 334 780 692
Net income $ 2,151 $ 1,870 $ 4,222 $ 3,770
Earnings per share:        
Basic (in usd per share) $ 2.93 $ 2.49 $ 5.74 $ 5.01
Diluted (in usd per share) $ 2.91 $ 2.47 $ 5.71 $ 4.97
Shares used in calculation of earnings per share:        
Basic (in shares) 734 751 736 753
Diluted (in shares) 738 756 740 759
Dividends paid per share (in usd per share) $ 1.15 $ 1 $ 2.3 $ 2