XML 26 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Revenues      
Total revenues $ 13,702 $ 13,683 $ 12,869
Costs, expenses and other      
Research and development costs 491 570 601
Selling and administrative expense 1,156 1,225 1,186
Interest expense, net 97 77 107
Special charges 78 126 0
Non-service components of pension and postretirement income, net (263) (237) (240)
Total costs, expenses and other 12,759 12,596 11,853
Income from continuing operations before income taxes 943 1,087 1,016
Income tax expense 118 165 154
Income from continuing operations 825 922 862
Loss from discontinued operations (1) (1) (1)
Net income $ 824 $ 921 $ 861
Basic Earnings per share      
Continuing operations (in dollars per share) $ 4.38 $ 4.62 $ 4.05
Discontinued operations (in dollars per share) 0 (0.01) 0
Basic Earnings per share (in dollars per share) 4.38 4.61 4.05
Diluted Earnings per share      
Continuing operations (in dollars per share) 4.34 4.57 4.01
Discontinued operations (in dollars per share) (0.01) (0.01) 0
Diluted Earnings per share (in dollars per share) $ 4.33 $ 4.56 $ 4.01
Manufacturing group      
Costs, expenses and other      
Income from continuing operations $ 796 $ 884 $ 835
Finance group      
Revenues      
Total revenues 50 55 52
Costs, expenses and other      
Income from continuing operations 29 38 27
Product      
Costs, expenses and other      
Total cost of sales 9,403 9,206 8,787
Product | Manufacturing group      
Revenues      
Total revenues 11,375 11,573 10,945
Service      
Costs, expenses and other      
Total cost of sales 1,797 1,629 1,412
Service | Manufacturing group      
Revenues      
Total revenues $ 2,277 $ 2,055 $ 1,872