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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Revenues $ 25,542 $ 24,358 $ 20,918
Costs and Operating Expenses:      
Selling, general and administrative expenses 6,144 6,057 5,504
Research and development expenses 1,003 967 887
Restructuring and other (income) costs, net (413) 50 97
Total costs and operating expenses 20,948 20,575 17,958
Operating Income 4,594 3,783 2,960
Interest Income 224 137 81
Interest Expense (676) (667) (592)
Other (Expense) Income, Net (72) 9 (20)
Income from Continuing Operations Before Income Taxes 4,070 3,262 2,429
Provision for Income Taxes (374) (324) (201)
Income from Continuing Operations 3,696 2,938 2,228
Loss from Discontinued Operations (net of income tax benefit of $0, $0 and $2) 0 0 (3)
Net Income $ 3,696 $ 2,938 $ 2,225
Earnings per Share from Continuing Operations      
Basic (in dollars per share) $ 9.24 $ 7.31 $ 5.65
Diluted (in dollars per share) 9.17 7.24 5.60
Earnings per Share      
Basic (in dollars per share) 9.24 7.31 5.64
Diluted (in dollars per share) $ 9.17 $ 7.24 $ 5.59
Weighted Average Shares      
Basic (in shares) 400 402 395
Diluted (in shares) 403 406 398
Product [Member]      
Revenues      
Revenues $ 19,496 $ 18,868 $ 17,374
Costs and Operating Expenses:      
Cost of revenues 10,037 9,682 8,975
Service [Member]      
Revenues      
Revenues 6,046 5,490 3,544
Costs and Operating Expenses:      
Cost of revenues $ 4,177 $ 3,819 $ 2,495