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Condensed 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
Revenues:        
Total revenues $ 6,423 $ 5,737 $ 18,790 $ 17,165
Operating expenses:        
Cost of sales 1,561 1,036 4,562 3,103
Research and development 1,062 1,001 2,978 2,804
Selling, general and administrative 1,346 1,223 3,957 3,637
Other 1 1 162 (5)
Total operating expenses 3,970 3,261 11,659 9,539
Operating income 2,453 2,476 7,131 7,626
Interest expense, net 302 313 944 988
Interest and other income, net 55 114 69 517
Income before income taxes 2,206 2,277 6,256 7,155
Provision for income taxes 185 309 607 1,016
Net income $ 2,021 $ 1,968 $ 5,649 $ 6,139
Earnings per share:        
Basic (in usd per share) $ 3.45 $ 3.29 $ 9.61 $ 10.08
Diluted (in usd per share) $ 3.43 $ 3.27 $ 9.54 $ 10.01
Shares used in calculation of earnings per share:        
Basic (in shares) 585 599 588 609
Diluted (in shares) 589 602 592 613
Product sales [Member]        
Revenues:        
Product sales $ 6,104 $ 5,463 $ 17,906 $ 16,323
Other revenues [Member]        
Revenues:        
Total revenues $ 319 $ 274 $ 884 $ 842