| Segment Information and Geographic Data |
Segment Information and Geographic Data The following table shows information by reportable segment for the three- and nine-month periods ended June 28, 2025 and June 29, 2024 (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | June 28,
2025 | | June 29,
2024 | | June 28,
2025 | | June 29,
2024 | | Americas: | | | | | | | | | Net sales | $ | 41,198 | | | $ | 37,678 | | | $ | 134,161 | | | $ | 125,381 | | | Operating income | $ | 16,511 | | | $ | 15,209 | | | $ | 54,794 | | | $ | 50,640 | | | | | | | | | | | Europe: | | | | | | | | | Net sales | $ | 24,014 | | | $ | 21,884 | | | $ | 82,329 | | | $ | 76,404 | | | Operating income | $ | 10,501 | | | $ | 9,170 | | | $ | 35,424 | | | $ | 31,872 | | | | | | | | | | | Greater China: | | | | | | | | | Net sales | $ | 15,369 | | | $ | 14,728 | | | $ | 49,884 | | | $ | 51,919 | | | Operating income | $ | 5,822 | | | $ | 5,562 | | | $ | 20,608 | | | $ | 20,884 | | | | | | | | | | | Japan: | | | | | | | | | Net sales | $ | 5,782 | | | $ | 5,097 | | | $ | 22,067 | | | $ | 19,126 | | | Operating income | $ | 2,872 | | | $ | 2,544 | | | $ | 10,620 | | | $ | 9,498 | | | | | | | | | | | Rest of Asia Pacific: | | | | | | | | | Net sales | $ | 7,673 | | | $ | 6,390 | | | $ | 25,254 | | | $ | 23,275 | | | Operating income | $ | 3,243 | | | $ | 2,610 | | | $ | 10,813 | | | $ | 9,995 | |
A reconciliation of the Company’s segment operating income to the Condensed Consolidated Statements of Operations for the three- and nine-month periods ended June 28, 2025 and June 29, 2024, is as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | June 28,
2025 | | June 29,
2024 | | June 28,
2025 | | June 29,
2024 | | Segment operating income | $ | 38,949 | | | $ | 35,095 | | | $ | 132,259 | | | $ | 122,889 | | | Research and development expense | (8,866) | | | (8,006) | | | (25,684) | | | (23,605) | | | Other corporate expenses, net | (1,881) | | | (1,737) | | | (5,952) | | | (5,659) | | | Total operating income | $ | 28,202 | | | $ | 25,352 | | | $ | 100,623 | | | $ | 93,625 | |
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