Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended	9 Months Ended
Sep. 26, 2020	Sep. 28, 2019	Sep. 26, 2020	Sep. 28, 2019
Income Statement [Abstract]
Net sales	$ 6,441	$ 6,076	$ 19,246	$ 18,441
Cost of products sold	4,097	4,129	12,592	12,401
Gross profit	2,344	1,947	6,654	6,040
Selling, general and administrative expenses, excluding impairment losses	897	762	2,677	2,341
Goodwill impairment losses	300	0	2,343	744
Intangible asset impairment losses	0	5	1,056	479
Selling, general and administrative expenses	1,197	767	6,076	3,564
Operating income/(loss)	1,147	1,180	578	2,476
Interest expense	314	398	1,066	1,035
Other expense/(income)	(73)	(380)	(232)	(893)
Income/(loss) before income taxes	906	1,162	(256)	2,334
Provision for/(benefit from) income taxes	308	264	417	584
Net income/(loss)	598	898	(673)	1,750
Net income/(loss) attributable to noncontrolling interest	1	(1)	3	(3)
Net income/(loss) attributable to common shareholders	$ 597	$ 899	$ (676)	$ 1,753
Per share data applicable to common shareholders:
Basic earnings/(loss) per share (in dollars per share)	$ 0.49	$ 0.74	$ (0.55)	$ 1.44
Diluted earnings/(loss) per share (in dollars per share)	$ 0.49	$ 0.74	$ (0.55)	$ 1.43

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.