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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Oct. 03, 2021
Sep. 27, 2020
Income Statement [Abstract]        
Sales to customers $ 23,338 $ 21,082 $ 68,971 $ 60,109
Sales to customers percent to sales 100.00% 100.00% 100.00% 100.00%
Cost of products sold $ 7,250 $ 6,972 $ 21,900 $ 20,613
Cost of products sold percent to sales 31.10% 33.10% 31.80% 34.30%
Gross profit $ 16,088 $ 14,110 $ 47,071 $ 39,496
Gross Profit Percent To Sales 68.90% 66.90% 68.20% 65.70%
Selling, marketing and administrative expenses $ 6,000 $ 5,431 $ 17,505 $ 15,627
Selling marketing and administrative expenses percent to sales 25.70% 25.80% 25.40% 26.00%
Research and development expense $ 3,422 $ 2,840 $ 9,994 $ 8,127
Research and development expense percent to sales 14.70% 13.50% 14.50% 13.50%
In-process research and development $ 900 $ 138 $ 900 $ 144
In-process research and development percent to sales 3.90% 0.60% 1.30% 0.30%
Interest income $ (13) $ (12) $ (40) $ (98)
Interest income percent to sales (0.10%) (0.10%) (0.10%) (0.20%)
Interest expense, net of portion capitalized $ 20 $ 44 $ 123 $ 114
Interest expense, net of portion capitalized percent to sales 0.10% 0.20% 0.20% 0.20%
Other (income) expense, net $ 1,850 $ 1,200 $ 480 $ 545
Other (income) expense, net percent to sales 7.90% 5.70% 0.70% 0.90%
Restructuring (Note 12) $ 60 $ 68 $ 169 $ 187
Restructuring charge percent to sales 0.20% 0.30% 0.20% 0.30%
Earnings before provision for taxes on income $ 3,849 $ 4,401 $ 17,940 $ 14,850
Earnings before provision for taxes on income percent to sales 16.50% 20.90% 26.00% 24.70%
Provision for taxes on income (Note 5) $ 182 $ 847 $ 1,798 $ 1,874
Provision for taxes on income percent to sales 0.80% 4.00% 2.60% 3.10%
Net earnings $ 3,667 $ 3,554 $ 16,142 $ 12,976
Net earnings percent to sales 15.70% 16.90% 23.40% 21.60%
NET EARNINGS PER SHARE        
Basic (per share) $ 1.39 $ 1.35 $ 6.13 $ 4.93
Diluted (per share) $ 1.37 $ 1.33 $ 6.04 $ 4.86
AVG. SHARES OUTSTANDING        
Basic (shares) 2,632.6 2,632.5 2,632.2 2,633.0
Diluted (shares) 2,674.9 2,669.3 2,674.6 2,670.8