v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 27, 2022
Mar. 28, 2021
Mar. 27, 2022
Mar. 28, 2021
Revenues:        
Equipment and services $ 9,417 $ 6,239 $ 18,098 $ 12,681
Licensing 1,747 1,696 3,770 3,489
Total revenues 11,164 7,935 21,868 16,170
Costs and expenses:        
Cost of revenues 4,648 3,432 8,951 6,921
Research and development 2,034 1,780 3,963 3,433
Selling, general and administrative 624 557 1,232 1,124
Total costs and expenses 7,306 5,769 14,146 11,478
Operating income 3,858 2,166 7,722 4,692
Interest expense (137) (141) (275) (283)
Investment and other (expense) income, net (298) 104 (158) 323
Income before income taxes 3,423 2,129 7,289 4,732
Income tax expense (489) (367) (956) (515)
Net income $ 2,934 $ 1,762 $ 6,333 $ 4,217
Basic earnings per share $ 2.61 $ 1.55 $ 5.63 $ 3.72
Diluted earnings per share $ 2.57 $ 1.53 $ 5.55 $ 3.66
Shares used in per share calculations:        
Basic 1,125 1,133 1,124 1,134
Diluted 1,140 1,151 1,141 1,154

Source