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Consolidated Condensed Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2021
Jul. 03, 2020
Jul. 02, 2021
Jul. 03, 2020
Income Statement [Abstract]        
Sales $ 7,218 $ 5,297 $ 14,076 $ 9,640
Cost of sales (2,821) (2,445) (5,426) (4,345)
Gross profit 4,397 2,852 8,650 5,295
Operating costs:        
Selling, general and administrative expenses (1,966) (1,685) (3,842) (3,143)
Research and development expenses (426) (323) (806) (610)
Operating profit 2,005 844 4,002 1,542
Nonoperating income (expense):        
Other income (expense), net 97 454 237 452
Interest expense (62) (78) (120) (125)
Interest income 3 1 7 63
Earnings from continuing operations before income taxes 2,043 1,221 4,126 1,932
Income taxes (344) (294) (725) (410)
Net earnings from continuing operations 1,699 927 3,401 1,522
Earnings from discontinued operations, net of income taxes 86 0 86 0
Net earnings 1,785 927 3,487 1,522
Mandatory convertible preferred stock dividends (41) (35) (82) (54)
Net earnings attributable to common stockholders $ 1,744 $ 892 $ 3,405 $ 1,468
Net earnings per common share from continuing operations, basic $ 2.32 $ 1.27 $ 4.65 $ 2.09 [1]
Net earnings per common share from continuing operations, diluted 2.28 1.24 4.57 2.06 [1]
Net earnings per common share from discontinued operations, basic 0.12 0 0.12 0
Net earnings per common share from discontinued operations, diluted 0.12 0 0.12 0
Net earnings per common share, basic 2.44 1.27 4.77 2.09 [1]
Net earnings per common share, diluted $ 2.40 $ 1.24 $ 4.68 [1],[2] $ 2.06 [1]
Average common stock and common equivalent shares outstanding:        
Basic 714.5 705.1 713.9 701.1
Diluted 736.0 718.2 735.6 713.1
[1] Net earnings per common share amounts for the relevant three-month periods do not add to the six-month period amounts due to rounding.
[2] Net earnings per common share amounts do not add due to rounding.