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Consolidated Condensed Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 29, 2023
Sep. 30, 2022
Sep. 29, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Sales $ 6,873 $ 7,663 $ 21,197 $ 23,102
Cost of sales (2,873) (3,079) (8,786) (9,092)
Gross profit 4,000 4,584 12,411 14,010
Operating costs:        
Selling, general and administrative expenses (2,145) (2,149) (6,486) (6,326)
Research and development expenses (417) (420) (1,264) (1,292)
Operating profit 1,438 2,015 4,661 6,392
Nonoperating income (expense):        
Other income (expense), net (47) (51) (52) (158)
Interest expense (73) (42) (208) (147)
Interest income 79 9 186 12
Earnings before income taxes 1,397 1,931 4,587 6,099
Income taxes (268) (359) (902) (1,122)
Net earnings 1,129 1,572 3,685 4,977
Mandatory convertible preferred stock dividends 0 (21) (21) (84)
Net earnings attributable to common stockholders $ 1,129 $ 1,551 $ 3,664 $ 4,893
Net earnings per common share:        
Basic (in usd per share) $ 1.53 $ 2.13 $ 4.98 $ 6.76
Diluted (in usd per share) $ 1.51 $ 2.10 $ 4.94 $ 6.67 [1]
Average common stock and common equivalent shares outstanding:        
Basic (in shares) 739.4 728.5 735.4 723.8
Diluted (in shares) 745.9 737.4 742.1 737.0
[1] Net earnings per common share amounts for the relevant three-month periods do not add to the nine-month period amount due to rounding.