v3.20.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 27, 2020
Dec. 29, 2019
Revenues:    
Equipment and services $ 6,442 $ 3,534
Licensing 1,793 1,543
Total revenues 8,235 5,077
Costs and expenses:    
Cost of revenues 3,489 2,113
Research and development 1,653 1,406
Selling, general and administrative 567 528
Total costs and expenses 5,709 4,047
Operating income 2,526 1,030
Interest expense (141) (148)
Investment and other income, net 219 65
Income before income taxes 2,604 947
Income tax expense (149) (22)
Net income $ 2,455 $ 925
Basic earnings per share $ 2.16 $ 0.81
Diluted earnings per share $ 2.12 $ 0.80
Shares used in per share calculations:    
Basic 1,134 1,144
Diluted 1,156 1,159

Source