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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 3,239 $ 3,668 $ 6,568 $ 7,262
Cost of revenue (COR) 1,157 1,308 2,398 2,641
Gross profit 2,082 2,360 4,170 4,621
Research and development (R&D) 379 390 756 779
Selling, general and administrative (SG&A) 401 420 818 834
Acquisition charges 50 80 100 159
Restructuring charges/other 24 (36) 24 (36)
Operating profit 1,228 1,506 2,472 2,885
Other income (expense), net (OI&E) 99 52 124 88
Interest and debt expense 48 44 93 82
Income before income taxes 1,279 1,514 2,503 2,891
Provision for income taxes (101) 209 (51) 369
Net income $ 1,380 $ 1,305 $ 2,554 $ 2,522
Earnings per common share (EPS):        
Basic (in dollars per share) $ 1.50 $ 1.38 $ 2.75 $ 2.67
Diluted (in dollars per share) $ 1.48 $ 1.36 $ 2.72 $ 2.63
Average shares outstanding (millions):        
Basic (in shares) 916 937 923 938
Diluted (in shares) 927 953 935 954
Diluted EPS:        
Net income $ 1,380 $ 1,305 $ 2,554 $ 2,522
Income allocated to RSUs (7) (8) (13) (16)
Income allocated to common stock for diluted EPS $ 1,373 $ 1,297 $ 2,541 $ 2,506