v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 27, 2021
Jun. 28, 2020
Jun. 27, 2021
Jun. 28, 2020
Revenues:        
Equipment and services $ 6,428 $ 3,794 $ 19,109 $ 11,376
Licensing 1,632 1,099 5,121 3,809
Total revenues 8,060 4,893 24,230 15,185
Costs and expenses:        
Cost of revenues 3,404 2,080 10,325 6,489
Research and development 1,864 1,520 5,297 4,393
Selling, general and administrative 597 511 1,721 1,523
Other 0 0 0 (23)
Total costs and expenses 5,865 4,111 17,343 12,382
Operating income 2,195 782 6,887 2,803
Interest expense (138) (143) (421) (436)
Investment and other income, net 200 229 523 46
Income before income taxes 2,257 868 6,989 2,413
Income tax expense (230) (23) (744) (175)
Net income $ 2,027 $ 845 $ 6,245 $ 2,238
Basic earnings per share $ 1.80 $ 0.75 $ 5.52 $ 1.97
Diluted earnings per share $ 1.77 $ 0.74 $ 5.43 $ 1.95
Shares used in per share calculations:        
Basic 1,129 1,127 1,132 1,137
Diluted 1,145 1,139 1,151 1,150

Source