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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Sales        
Product $ 3,399 $ 3,709 $ 6,740 $ 7,572
Service 2,875 2,851 5,732 5,722
Total sales 6,274 6,560 12,472 13,294
Operating costs and expenses        
Product 2,604 2,860 5,131 5,863
Service 2,316 2,303 4,630 4,655
General and administrative expenses 580 556 1,141 1,124
Operating income 774 841 1,570 1,652
Other (expense) income        
Interest expense (52) (53) (105) (111)
Other, net 5 0 18 5
Earnings from continuing operations before income taxes 727 788 1,483 1,546
Federal and foreign income tax expense 247 268 497 530
Earnings from continuing operations 480 520 986 1,016
Earnings from discontinued operations, net of tax 0 0 0 34
Net earnings 480 520 986 1,050
Basic Earnings Per Share        
Continuing operations $ 1.91 $ 1.84 $ 3.91 $ 3.54
Discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.12
Basic earnings per share $ 1.91 $ 1.84 $ 3.91 $ 3.66
Weighted-average common shares outstanding, in millions 250.8 282.6 252.0 287.2
Diluted Earnings Per Share        
Continuing operations $ 1.88 $ 1.81 $ 3.84 $ 3.48
Discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.11
Diluted earnings per share $ 1.88 $ 1.81 $ 3.84 $ 3.59
Weighted-average diluted shares outstanding, in millions 254.7 287.2 256.5 292.2
Net earnings (from above) 480 520 986 1,050
Other comprehensive income        
Change in cumulative translation adjustment (15) 0 (9) 27
Change in unrealized gain on marketable securities and cash flow hedges, net of tax 0 0 0 (2)
Change in unamortized benefit plan costs, net of tax 54 14 104 35
Other comprehensive income, net of tax 39 14 95 60
Comprehensive income $ 519 $ 534 $ 1,081 $ 1,110