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CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 6,022 $ 5,422 $ 11,888 $ 10,665
Cost of sales 2,181 2,006 4,303 3,916
Gross profit 3,841 3,416 7,585 6,749
Research, development and engineering expenses 407 363 812 731
Selling, general and administrative expenses 2,079 1,831 4,379 3,668
Amortization of intangible assets 187 155 354 308
Asset impairments 55 16 90 19
Total operating expenses 2,728 2,365 5,635 4,726
Operating income 1,113 1,051 1,950 2,023
Other income (expense), net (97) (53) (170) (102)
Earnings before income taxes 1,016 998 1,780 1,921
Income taxes 132 173 242 308
Net earnings $ 884 $ 825 $ 1,538 $ 1,613
Net earnings per share of common stock:        
Basic (in dollars per share) $ 2.32 $ 2.17 $ 4.03 $ 4.24
Diluted (in dollars per share) $ 2.29 $ 2.14 $ 3.98 $ 4.19
Weighted-average shares outstanding (in millions):        
Basic (in shares) 382.2 381.0 382.0 380.7
Effect of dilutive employee stock compensation (in shares) 4.2 4.4 4.4 4.5
Diluted (in shares) 386.4 385.4 386.4 385.2
Cash dividends declared per share of common stock (in dollars per share) $ 0.84 $ 0.80 $ 1.68 $ 1.60