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Consolidated Condensed Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Sales $ 5,796 $ 5,949
Cost of sales (2,309) (2,287)
Gross profit 3,487 3,662
Operating costs:    
Selling, general and administrative expenses (1,807) (1,772)
Research and development expenses (368) (373)
Operating profit 1,312 1,517
Nonoperating income (expense):    
Other income (expense), net (36) 24
Interest expense (65) (66)
Interest income 60 48
Earnings before income taxes 1,271 1,523
Income taxes (183) (283)
Net earnings from continuing operations 1,088 1,240
Earnings from discontinued operations, net of income taxes 0 210
Net earnings 1,088 1,450
Mandatory convertible preferred stock dividends 0 (21)
Net earnings attributable to common stockholders $ 1,088 $ 1,429
Net earnings per common share    
Net earnings per common share from continuing operations, basic (in usd per share) $ 1.47 $ 1.67
Net earnings per common share from continuing operations, diluted (in usd per share) 1.45 1.65
Net earnings per common share from discontinued operations, basic (in usd per share) 0 0.29
Net earnings per common share from discontinued operations, diluted (in usd per share) 0 0.28
Net earnings per common share, basic (in usd per share) 1.47 1.96
Net earnings per common share, diluted (in usd per share) $ 1.45 $ 1.94 [1]
Average common stock and common equivalent shares outstanding:    
Basic (in shares) 740.6 729.4
Diluted (in shares) 748.6 737.2
[1] Net earnings per common share amount does not add due to rounding.