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CONSOLIDATED INCOME STATEMENTS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Product sales $ 3,319 $ 3,258 $ 6,327 $ 6,369
Services 2,561 2,356 5,032 4,632
Total consolidated revenues 5,880 5,614 11,359 11,001
Costs and expenses:        
Cost of product sales 1,372 1,340 2,668 2,696
Cost of services 854 765 1,690 1,498
Research and development 740 695 1,472 1,370
Selling, general and administrative 2,010 1,785 3,861 3,499
Restructuring and acquisition-related charges 30 7 149 155
Operating income 874 1,022 1,519 1,783
Non-operating income (expense):        
Investment income 35 34 71 67
Interest expense (34) (31) (68) (51)
Other expense, net 66 59 142 142
Total non-operating income (expense) (65) (56) (139) (126)
Income before provision for income taxes 809 966 1,380 1,657
Income tax provision 187 216 326 292
Net income 622 750 1,054 1,365
Less: Net income attributable to the non-controlling interest in VMware, Inc. (33) (49) (74) (84)
Net income attributable to EMC Corporation $ 589 $ 701 $ 980 $ 1,281
Net income per weighted average share, basic attributable to EMC Corporation common shareholders $ 0.29 $ 0.34 $ 0.48 $ 0.61
Net income per weighted average share, diluted attributable to EMC Corporation common shareholders $ 0.28 $ 0.32 $ 0.47 $ 0.59
Weighted average shares, basic 2,037 2,092 2,033 2,097
Weighted average shares, diluted 2,064 2,174 2,070 2,181
Cash dividends declared per common share $ 0.12 $ 0.10 $ 0.22 $ 0.10