v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
Revenues:        
Equipment and services $ 3,794 $ 3,531 $ 11,376 $ 11,037
Licensing 1,099 6,104 3,809 8,422
Total revenues 4,893 9,635 15,185 19,459
Costs and expenses:        
Cost of revenues 2,080 2,114 6,489 6,481
Research and development 1,520 1,380 4,393 3,957
Selling, general and administrative 511 547 1,523 1,646
Other 0 277 (23) 408
Total costs and expenses 4,111 4,318 12,382 12,492
Operating income 782 5,317 2,803 6,967
Interest expense (143) (160) (436) (477)
Investment and other income, net 229 344 46 377
Income before income taxes 868 5,501 2,413 6,867
Income tax expense (23) (3,352) (175) (2,987)
Net income $ 845 $ 2,149 $ 2,238 $ 3,880
Basic earnings per share $ 0.75 $ 1.77 $ 1.97 $ 3.20
Diluted earnings per share $ 0.74 $ 1.75 $ 1.95 $ 3.17
Shares used in per share calculations:        
Basic 1,127 1,217 1,137 1,214
Diluted 1,139 1,231 1,150 1,224

Source