v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 26, 2021
Sep. 27, 2020
Sep. 29, 2019
Revenues:      
Equipment and services $ 26,741 $ 16,298 $ 14,611
Licensing 6,825 7,233 9,662
Total revenues 33,566 23,531 24,273
Costs and expenses:      
Cost of revenues 14,262 9,255 8,599
Research and development 7,176 5,975 5,398
Selling, general and administrative 2,339 2,074 2,195
Other 0 (28) 414
Total costs and expenses 23,777 17,276 16,606
Operating income 9,789 6,255 7,667
Interest expense (559) (602) (627)
Investment and other income, net 1,044 66 441
Income before income taxes 10,274 5,719 7,481
Income tax expense (1,231) (521) (3,095)
Net income $ 9,043 $ 5,198 $ 4,386
Basic earnings per share $ 7.99 $ 4.58 $ 3.63
Diluted earnings per share $ 7.87 $ 4.52 $ 3.59
Shares used in per share calculations:      
Basic 1,131 1,135 1,210
Diluted 1,149 1,149 1,220

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