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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Mar. 29, 2024
Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 3,967 $ 4,160 $ 7,798 $ 8,001
Cost of sales 2,604 2,876 5,111 5,530
Gross margin 1,363 1,284 2,687 2,471
Selling, general, and administrative expenses 444 435 868 827
Research, development, and engineering expenses 184 185 357 358
Acquisition and integration costs 3 8 11 17
Restructuring and other charges, net 40 119 61 230
Operating income 692 537 1,390 1,039
Interest income 19 12 41 21
Interest expense (19) (20) (37) (41)
Other expense, net (5) (4) (8) (9)
Income from continuing operations before income taxes 687 525 1,386 1,010
Income tax (expense) benefit (146) (100) 959 (187)
Income from continuing operations 541 425 2,345 823
Income (loss) from discontinued operations, net of income taxes   8 (1) 7
Net income $ 541 $ 433 $ 2,344 $ 830
Basic earnings per share:        
Income from continuing operations (in dollars per share) $ 1.76 $ 1.34 $ 7.59 $ 2.60
Income (loss) from discontinued operations (in dollars per share)   0.03   0.02
Net income (in dollars per share) 1.76 1.37 7.59 2.62
Diluted earnings per share:        
Income from continuing operations (in dollars per share) 1.75 1.34 7.54 2.58
Income (loss) from discontinued operations (in dollars per share)   0.03   0.02
Net income (in dollars per share) $ 1.75 $ 1.36 $ 7.54 $ 2.60
Weighted-average number of shares outstanding:        
Basic (in shares) 308 316 309 317
Diluted (in shares) 310 318 311 319