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CONSOLIDATED INCOME STATEMENTS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Product sales $ 3,400 $ 3,165 $ 9,728 $ 9,535
Services 2,632 2,374 7,663 7,005
Total consolidated revenues 6,032 5,539 17,391 16,540
Costs and expenses:        
Cost of product sales 1,400 1,324 4,068 4,020
Cost of services 889 773 2,579 2,271
Research and development 767 686 2,239 2,056
Selling, general and administrative 1,990 1,809 5,852 5,308
Restructuring and acquisition-related charges 39 40 187 195
Operating income 947 907 2,466 2,690
Non-operating income (expense):        
Investment income 29 26 100 93
Interest expense (40) (58) (108) (109)
Other expense, net (103) (55) (245) (197)
Total non-operating income (expense) (114) (87) (253) (213)
Income before provision for income taxes 833 820 2,213 2,477
Income tax provision 206 181 532 474
Net income 627 639 1,681 2,003
Less: Net income attributable to the non-controlling interest in VMware, Inc. (40) (53) (113) (136)
Net income attributable to EMC Corporation $ 587 $ 586 $ 1,568 $ 1,867
Net income per weighted average share, basic attributable to EMC Corporation common shareholders (in usd per share) $ 0.29 $ 0.28 $ 0.77 $ 0.89
Net income per weighted average share, basic attributable to EMC Corporation common shareholders (in usd per share) $ 0.28 $ 0.27 $ 0.76 $ 0.86
Weighted average shares, basic 2,032 2,069 2,033 2,088
Weighted average shares, diluted 2,057 2,165 2,065 2,176
Cash dividends declared per common share (in usd per share) $ 0.12 $ 0.10 $ 0.33 $ 0.20