Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended
Mar. 28, 2020	Mar. 30, 2019
Income Statement [Abstract]
Net sales	$ 6,157	$ 5,959
Cost of products sold	4,299	3,948
Gross profit	1,858	2,011
Selling, general and administrative expenses, excluding impairment losses	862	829
Goodwill impairment losses	226	620
Selling, general and administrative expenses	1,088	1,449
Operating income/(loss)	770	562
Interest expense	310	321
Other expense/(income)	(81)	(380)
Income/(loss) before income taxes	541	621
Provision for/(benefit from) income taxes	160	217
Net income/(loss)	381	404
Net income/(loss) attributable to noncontrolling interest	3	(1)
Net income/(loss) attributable to common shareholders	$ 378	$ 405
Per share data applicable to common shareholders:
Basic earnings/(loss) per share (in dollars per share)	$ 0.31	$ 0.33
Diluted earnings/(loss) per share (in dollars per share)	$ 0.31	$ 0.33

The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses, excluding goodwill and intangible asset impairment losses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

No definition available.