v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Mar. 29, 2020
Mar. 31, 2019
Revenues:        
Equipment and services $ 4,050 $ 3,753 $ 7,583 $ 7,506
Licensing 1,166 1,229 2,709 2,318
Total revenues 5,216 4,982 10,292 9,824
Costs and expenses:        
Cost of revenues 2,297 2,179 4,410 4,367
Research and development 1,468 1,308 2,873 2,577
Selling, general and administrative 483 573 1,011 1,100
Other (23) (18) (23) 130
Total costs and expenses 4,225 4,042 8,271 8,174
Operating income 991 940 2,021 1,650
Interest expense (146) (162) (294) (317)
Investment and other (expense) income, net (247) 28 (182) 33
Income before income taxes 598 806 1,545 1,366
Income tax (expense) benefit (130) (143) (152) 365
Net income $ 468 $ 663 $ 1,393 $ 1,731
Basic earnings per share $ 0.41 $ 0.55 $ 1.22 $ 1.43
Diluted earnings per share $ 0.41 $ 0.55 $ 1.21 $ 1.42
Shares used in per share calculations:        
Basic 1,139 1,213 1,142 1,213
Diluted 1,151 1,217 1,155 1,220

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