Basis of Presentation and Significant Accounting Policies and Practices (Tables)

6 Months Ended

Jun. 30, 2017

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Schedule of Earnings per Share, Basic and Diluted

Computation and reconciliation of earnings per common share are as follows (shares in millions):

	For Three Months Ended June 30,
	2017							2016
	Net							Net
	Income			Shares		EPS		Income			Shares		EPS
Basic EPS:
Net income	$	1,056						$	819
Income allocated to RSUs		(10	)						(10	)
Income allocated to common stock
for basic EPS calculation	$	1,046			994	$	1.05	$	809			1,004	$	.81
Adjustment for dilutive shares:
Stock compensation plans					21							16
Diluted EPS:
Net income	$	1,056						$	819
Income allocated to RSUs		(10	)						(10	)
Income allocated to common stock
for diluted EPS calculation	$	1,046			1,015	$	1.03	$	809			1,020	$	.79

	For Six Months Ended June 30,
	2017							2016
	Net							Net
	Income			Shares		EPS		Income			Shares		EPS
Basic EPS:
Net income	$	2,053						$	1,530
Income allocated to RSUs		(20	)						(19	)
Income allocated to common stock
for basic EPS calculation	$	2,033			996	$	2.04	$	1,511			1,005	$	1.50
Adjustment for dilutive shares:
Stock compensation plans					21							16
Diluted EPS:
Net income	$	2,053						$	1,530
Income allocated to RSUs		(20	)						(19	)
Income allocated to common stock
for diluted EPS calculation	$	2,033			1,017	$	2.00	$	1,511			1,021	$	1.48

Effects on Consolidated Statements of Income

While the adoption of this standard did not impact Revenue, Net income, Earnings per common share or Cash flows from operating activities, the following components on the Consolidated Statements of Income for the three and six months ended June 30, 2016, were affected:

	For Three Months Ended June 30, 2016					For Six Months Ended June 30, 2016
	Reported		Recast			Reported		Recast
COR	$	1,270	$	1,266		$	2,454	$	2,445
Gross profit		2,003		2,007			3,827		3,836
R&D		345		341			671		663
SG&A		460		454			908		895
Operating profit:
Analog		771		781			1,450		1,469
Embedded Processing		189		192			371		379
Other		157		158			264		267
Total operating profit		1,117		1,131			2,085		2,115
OI&E		6		(8	)		10		(20	)