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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Statement of Comprehensive Income [Abstract]        
Net sales $ 6,443 $ 6,158 $ 12,474 $ 11,981
Cost of goods sold 5,301 5,044 10,280 9,875
Gross profit 1,142 1,114 2,194 2,106
Operating expenses:        
Distribution, selling and administrative costs 948 909 1,869 1,796
Restructuring (benefits) costs 0 (1) 0 1
Total operating expenses 948 908 1,869 1,797
Operating income 194 206 325 309
Other income—net (2) (3) (4) (6)
Interest expense—net 42 48 84 91
Income before income taxes 154 161 245 224
Income tax provision 38 35 58 31
Net income 116 126 187 193
Other comprehensive income—net of tax:        
Changes in retirement benefit obligations 1 25 2 26
Unrecognized (loss) gain on interest rate swaps (8) 3 (14) 12
Comprehensive income $ 109 $ 154 $ 175 $ 231
Net income per share        
Basic (in dollars per share) $ 0.53 $ 0.58 $ 0.86 $ 0.90
Diluted (in dollars per share) $ 0.53 $ 0.58 $ 0.85 $ 0.89
Weighted-average common shares outstanding        
Basic (in shares) 218 216 218 215
Diluted (in shares) 219 218 219 217