v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Mar. 28, 2021
Mar. 29, 2020
Revenues:        
Equipment and services $ 6,239 $ 4,050 $ 12,681 $ 7,583
Licensing 1,696 1,166 3,489 2,709
Total revenues 7,935 5,216 16,170 10,292
Costs and expenses:        
Cost of revenues 3,432 2,297 6,921 4,410
Research and development 1,780 1,468 3,433 2,873
Selling, general and administrative 557 483 1,124 1,011
Other 0 (23) 0 (23)
Total costs and expenses 5,769 4,225 11,478 8,271
Operating income 2,166 991 4,692 2,021
Interest expense (141) (146) (283) (294)
Investment and other income (expense), net 104 (247) 323 (182)
Income before income taxes 2,129 598 4,732 1,545
Income tax expense (367) (130) (515) (152)
Net income $ 1,762 $ 468 $ 4,217 $ 1,393
Basic earnings per share $ 1.55 $ 0.41 $ 3.72 $ 1.22
Diluted earnings per share $ 1.53 $ 0.41 $ 3.66 $ 1.21
Shares used in per share calculations:        
Basic 1,133 1,139 1,134 1,142
Diluted 1,151 1,151 1,154 1,155

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