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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Product sales $ 5,001 $ 6,377
Royalty, contract and other revenues 87 128
Total revenues 5,088 6,505
Costs and expenses:    
Cost of goods sold 1,001 957
Research and development expenses 937 931
Selling, general and administrative expenses 997 850
Total costs and expenses 2,935 2,738
Income from operations 2,153 3,767
Interest expense (290) (261)
Other income (expense), net 170 111
Income before provision for income taxes 2,033 3,617
Provision for income taxes 494 918
Net income 1,539 2,699
Net income (loss) attributable to noncontrolling interest 1 (3)
Net income attributable to Gilead $ 1,538 $ 2,702
Net income per share attributable to Gilead common stockholders - basic (usd per share) $ 1.18 $ 2.07
Shares used in per share calculation - basic (in shares) 1,307 1,308
Net income per share attributable to Gilead common stockholders - diluted (usd per share) $ 1.17 $ 2.05
Shares used in per share calculation - diluted (in shares) 1,320 1,320
Cash dividends declared (usd per share) $ 0.57 $ 0.52