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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total net sales $ 147,977 $ 134,383 $ 291,290 $ 261,741 Close
Operating expenses:        
Cost of sales 73,785 69,373 146,418 137,164
Fulfillment 23,566 21,305 45,883 42,210
Technology and infrastructure 22,304 21,931 42,728 42,381
Sales and marketing 10,512 10,745 20,174 20,917
General and administrative 3,041 3,202 5,783 6,245
Other operating expense (income), net 97 146 325 369
Total operating expenses 133,305 126,702 261,311 249,286 Close
Operating income 14,672 7,681 29,979 12,455 Close
Interest income 1,180 661 2,173 1,272
Interest expense (589) (840) (1,233) (1,663)
Other income (expense), net (18) 61 (2,691) (382)
Total non-operating income (expense) 573 (118) (1,751) (773) Close
Income before income taxes 15,245 7,563 28,228 11,682 Close
Provision for income taxes (1,767) (804) (4,234) (1,752) Close
Equity-method investment activity, net of tax 7 (9) (78) (8) Close
Net income $ 13,485 $ 6,750 $ 23,916 $ 9,922 Close
Basic earnings per share (in usd per share) $ 1.29 $ 0.66 $ 2.30 $ 0.97
Diluted earnings per share (in usd per share) $ 1.26 $ 0.65 $ 2.24 $ 0.95
Weighted-average shares used in computation of earnings per share:        
Basic (in shares) 10,447 10,285 10,420 10,268
Diluted (in shares) 10,708 10,449 10,689 10,398
Product        
Total net sales $ 61,569 $ 59,032 $ 122,484 $ 116,013
Service        
Total net sales $ 86,408 $ 75,351 $ 168,806 $ 145,728