XML 13 R3.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 6,706 $ 6,423 $ 19,133 $ 18,790
Operating expenses:        
Cost of sales 1,609 1,561 4,736 4,562
Research and development 1,422 1,062 3,471 2,978
Acquired in-process research and development 0 0 1,505 0
Selling, general and administrative 1,305 1,346 3,943 3,957
Other (8) 1 143 162
Total operating expenses 4,328 3,970 13,798 11,659
Operating income 2,378 2,453 5,335 7,131
Interest expense, net (296) (302) (862) (944)
Other income, net 73 55 97 69
Income before income taxes 2,155 2,206 4,570 6,256
Provision for income taxes 271 185 576 607
Net income $ 1,884 $ 2,021 $ 3,994 $ 5,649
Earnings per share:        
Basic (in usd per share) $ 3.32 $ 3.45 $ 6.98 $ 9.61
Diluted (in usd per share) $ 3.31 $ 3.43 $ 6.93 $ 9.54
Shares used in calculation of earnings per share:        
Basic (in shares) 567 585 572 588
Diluted (in shares) 570 589 576 592
Product sales [Member]        
Revenues:        
Total revenues $ 6,320 $ 6,104 $ 18,026 $ 17,906
Other revenues [Member]        
Revenues:        
Total revenues $ 386 $ 319 $ 1,107 $ 884