XML 14 R3.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 6,594 $ 6,526 $ 12,832 $ 12,427
Operating expenses:        
Cost of sales 1,510 1,637 3,071 3,127
Research and development 1,039 1,082 1,998 2,049
Acquired in-process research and development 0 1,505 0 1,505
Selling, general and administrative 1,327 1,384 2,555 2,638
Other 542 90 532 151
Total operating expenses 4,418 5,698 8,156 9,470
Operating income 2,176 828 4,676 2,957
Interest expense, net (328) (281) (623) (566)
Other (expense) income, net (317) 11 (847) 24
Income before income taxes 1,531 558 3,206 2,415
Provision for income taxes 214 94 413 305
Net income $ 1,317 $ 464 $ 2,793 $ 2,110
Earnings per share:        
Basic (in usd per share) $ 2.46 $ 0.81 $ 5.16 $ 3.67
Diluted (in usd per share) $ 2.45 $ 0.81 $ 5.13 $ 3.65
Shares used in calculation of earnings per share:        
Basic (in shares) 535 573 541 575
Diluted (in shares) 537 576 544 578
Product sales [Member]        
Revenues:        
Total revenues $ 6,281 $ 6,114 $ 12,012 $ 11,706
Other revenues [Member]        
Revenues:        
Total revenues $ 313 $ 412 $ 820 $ 721