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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 04, 2021
May 29, 2020
Jun. 04, 2021
May 29, 2020
Revenue:        
Subscription $ 3,520 $ 2,831 $ 7,104 $ 5,563
Product 153 128 308 271
Services and other 162 169 328 385
Total revenue 3,835 3,128 7,740 6,219
Cost of revenue:        
Subscription 328 269 652 543
Product 9 9 19 16
Services and other 107 137 220 308
Total cost of revenue 444 415 891 867
Gross profit 3,391 2,713 6,849 5,352
Operating expenses:        
Research and development 612 532 1,232 1,064
Sales and marketing 1,073 901 2,122 1,758
General and administrative 256 224 546 495
Amortization of intangibles 44 40 89 82
Total operating expenses 1,985 1,697 3,989 3,399
Operating income 1,406 1,016 2,860 1,953
Non-operating income (expense):        
Interest expense (28) (28) (58) (61)
Investment gains (losses), net 8 0 13 (3)
Other income (expense), net 0 12 4 30
Total non-operating income (expense), net (20) (16) (41) (34)
Income before income taxes 1,386 1,000 2,819 1,919
Provision for (benefit from) income taxes 270 (100) 442 (136)
Net income $ 1,116 $ 1,100 $ 2,377 $ 2,055
Basic net income per share $ 2.34 $ 2.28 $ 4.97 $ 4.26
Shares used to compute basic net income per share 477.8 481.5 478.3 481.9
Diluted net income per share $ 2.32 $ 2.27 $ 4.93 $ 4.23
Shares used to compute diluted net income per share 480.8 484.8 481.9 486.3