XML 28 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 02, 2022
Jan. 03, 2021
Dec. 29, 2019
Income Statement [Abstract]      
Sales to customers $ 93,775 $ 82,584 $ 82,059
Cost of products sold 29,855 28,427 27,556
Gross profit 63,920 54,157 54,503
Selling, marketing and administrative expenses 24,659 22,084 22,178
Research and development expense 14,714 12,159 11,355
In-process research and development (Note 5) 900 181 890
Interest income (53) (111) (357)
Interest expense, net of portion capitalized (Note 4) 183 201 318
Other (income) expense, net 489 2,899 2,525
Restructuring (Note 20) 252 247 266
Earnings before provision for taxes on income 22,776 16,497 17,328
Provision for taxes on income (Note 8) 1,898 1,783 2,209
Net earnings $ 20,878 $ 14,714 $ 15,119
Net earnings per share (Notes 1 and 15)      
Basic (in dollars per share) $ 7.93 $ 5.59 $ 5.72
Diluted (in dollars per share) $ 7.81 $ 5.51 $ 5.63
Average shares outstanding (Notes 1 and 15)      
Basic (in shares) 2,632.1 2,632.8 2,645.1
Diluted (in shares) 2,674.0 2,670.7 2,684.3