XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 30, 2014
Mar. 31, 2013
Income Statement [Abstract]    
Sales to customers (Note 9) $ 18,115 $ 17,505
Sales to customers percent to sales 100.00% 100.00%
Cost of products sold 5,455 5,554
Cost of products sold percent to sales 30.10% 31.70%
Gross profit 12,660 11,951
Gross Profit Percent To Sales 69.90% 68.30%
Selling, marketing and administrative expenses 5,183 5,223
Selling marketing and administrative expenses percent to sales 28.60% 29.80%
Research and development expense 1,831 1,784
Research and development expense percent to sales 10.10% 10.20%
In-process research and development 18 64
In-process research and development percent to sales 0.10% 0.40%
Interest income (18) (21)
Interest income percent to sales (0.10%) (0.10%)
Interest expense, net of portion capitalized 136 125
Interest expense, net of portion capitalized percent to sales 0.80% 0.70%
Other (income) expense, net 86 515
Other (income) expense, net percent to sales 0.50% 3.00%
Earnings before provision for taxes on income 5,424 4,261
Earnings before provision for taxes on income percent to sales 29.90% 24.30%
Provision for taxes on income (Note 5) 697 764
Provision for taxes on income perent to sales 3.80% 4.30%
NET EARNINGS $ 4,727 $ 3,497
Net earnings percent to sales 26.10% 20.00%
NET EARNINGS PER SHARE (Note 8)    
Basic $ 1.67 $ 1.25
Diluted $ 1.64 $ 1.22
CASH DIVIDENDS PER SHARE $ 0.66 $ 0.61
AVG. SHARES OUTSTANDING    
Basic 2,826.8 2,790.2
Diluted 2,874.7 2,858.8