v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Sep. 30, 2018
Revenues:      
Equipment and services $ 16,298 $ 14,611 $ 17,400
Licensing 7,233 9,662 5,211
Total revenues 23,531 24,273 22,611
Costs and expenses:      
Cost of revenues 9,255 8,599 10,244
Research and development 5,975 5,398 5,625
Selling, general and administrative 2,074 2,195 2,986
Other (28) 414 3,135
Total costs and expenses 17,276 16,606 21,990
Operating income 6,255 7,667 621
Interest expense (602) (627) (768)
Investment and other income, net 66 441 539
Income before income taxes 5,719 7,481 392
Income tax expense (521) (3,095) (5,356)
Net income (loss) $ 5,198 $ 4,386 $ (4,964)
Basic earnings (loss) per share $ 4.58 $ 3.63 $ (3.39)
Diluted earnings (loss) per share $ 4.52 $ 3.59 $ (3.39)
Shares used in per share calculations:      
Basic 1,135 1,210 1,463
Diluted 1,149 1,220 1,463

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