v3.19.3.a.u2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 29, 2019
Dec. 30, 2018
Revenues:    
Equipment and services $ 3,534 $ 3,754
Licensing 1,543 1,088
Total revenues 5,077 4,842
Costs and expenses:    
Cost of revenues 2,113 2,188
Research and development 1,406 1,269
Selling, general and administrative 528 526
Other 0 149
Total costs and expenses 4,047 4,132
Operating income 1,030 710
Interest expense (148) (156)
Investment and other income, net 65 5
Income before income taxes 947 559
Income tax (expense) benefit (22) 509
Net income $ 925 $ 1,068
Basic earnings per share $ 0.81 $ 0.88
Diluted earnings per share $ 0.80 $ 0.87
Shares used in per share calculations:    
Basic 1,144 1,213
Diluted 1,159 1,223

Source