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CONSOLIDATED STATEMENT OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Services $ 13,018 $ 12,597 $ 25,409 $ 24,963
Sales 6,792 7,733 12,671 14,489
Financing 429 484 843 950
Total revenue 20,238 20,813 38,923 40,403
Cost:        
Services 8,691 8,431 17,074 16,709
Sales 1,582 1,726 2,960 3,351
Financing 263 266 501 501
Total cost 10,536 10,423 20,535 20,561
Gross profit 9,702 10,390 18,388 19,842
Expense and other (income):        
Selling, general and administrative 5,349 5,179 11,361 10,541
Research, development and engineering 1,465 1,300 2,923 2,598
Intellectual property and custom development income (365) (128) (582) (301)
Other (income) and expense 37 (301) 289 (444)
Interest expense 167 115 315 223
Total expense and other (income) 6,653 6,165 14,306 12,617
Income from continuing operations before income taxes 3,049 4,224 4,082 7,225
Provision for/(benefit from) income taxes 544 698 (439) 1,283
Income from continuing operations 2,505 3,526 4,521 5,942
Loss from discontinued operations, net of tax 0 (77) (3) (165)
Net income $ 2,504 $ 3,449 $ 4,518 $ 5,777
Assuming dilution:        
Continuing operations (in dollars per share) $ 2.61 $ 3.58 $ 4.69 $ 6.01
Discontinued operations (in dollars per share) 0.00 (0.08) 0.00 (0.17)
Total (in dollars per share) 2.61 3.50 4.69 5.84
Basic:        
Continuing operations (in dollars per share) 2.62 3.59 4.71 6.03
Discontinued operations (in dollars per share) 0.00 (0.08) 0.00 (0.17)
Total (in dollars per share) $ 2.62 $ 3.51 $ 4.71 $ 5.86
Weighted-average number of common shares outstanding:        
Assuming dilution (in shares) 960.5 986.7 962.4 989.5
Basic (in shares) 957.4 982.3 959.5 985.2
Cash dividend per common share $ 1.40 $ 1.30 $ 2.70 $ 2.40