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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2022
Jul. 04, 2021
Jul. 03, 2022
Jul. 04, 2021
Income Statement [Abstract]        
Sales to customers $ 24,020 $ 23,312 $ 47,446 $ 45,633
Sales to customers percent to sales 100.00% 100.00% 100.00% 100.00%
Cost of products sold $ 7,919 $ 7,587 $ 15,517 $ 14,650
Cost of products sold percent to sales 33.00% 32.50% 32.70% 32.10%
Gross profit $ 16,101 $ 15,725 $ 31,929 $ 30,983
Gross Profit Percent To Sales 67.00% 67.50% 67.30% 67.90%
Selling, marketing and administrative expenses $ 6,226 $ 6,073 $ 12,164 $ 11,505
Selling marketing and administrative expenses percent to sales 25.90% 26.10% 25.60% 25.20%
Research and development expense $ 3,703 $ 3,394 $ 7,165 $ 6,572
Research and development expense percent to sales 15.40% 14.60% 15.10% 14.40%
In-process research and development     $ 610 $ 0
In-process research and development percent to sales     1.30% 0.00%
Interest income $ (64) $ (12) $ (86) $ (27)
Interest income percent to sales (0.30%) (0.10%) (0.20%) 0.00%
Interest expense, net of portion capitalized $ 38 $ 40 $ 48 $ 103
Interest expense, net of portion capitalized percent to sales 0.20% 0.20% 0.10% 0.20%
Other (income) expense, net $ 273 $ (488) $ 171 $ (1,370)
Other (income) expense, net percent to sales 1.10% (2.10%) 0.40% (3.00%)
Restructuring (Note 12) $ 85 $ 56 $ 155 $ 109
Restructuring charge percent to sales 0.40% 0.20% 0.30% 0.20%
Earnings before provision for taxes on income $ 5,840 $ 6,662 $ 11,702 $ 14,091
Earnings before provision for taxes on income percent to sales 24.30% 28.60% 24.70% 30.90%
Provision for taxes on income (Note 5) $ 1,026 $ 384 $ 1,739 $ 1,616
Provision for taxes on income percent to sales 4.30% 1.70% 3.70% 3.60%
Net earnings $ 4,814 $ 6,278 $ 9,963 $ 12,475
Net earnings percent to sales 20.00% 26.90% 21.00% 27.30%
NET EARNINGS PER SHARE        
Basic (per share) $ 1.83 $ 2.38 $ 3.79 $ 4.74
Diluted (per share) $ 1.80 $ 2.35 $ 3.73 $ 4.67
AVG. SHARES OUTSTANDING        
Basic (shares) 2,629.6 2,632.5 2,629.4 2,632.0
Diluted (shares) 2,667.9 2,671.6 2,669.2 2,674.0