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Consolidated Condensed Statements Of Earnings (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 01, 2011
Jul. 02, 2010
Jul. 01, 2011
Jul. 02, 2010
Consolidated Condensed Statements Of Earnings        
Sales $ 3,711,674 $ 3,217,428 $ 7,057,376 $ 6,225,257
Cost of sales 1,768,479 1,611,875 3,350,793 3,150,992
Gross profit 1,943,195 1,605,553 3,706,583 3,074,265
Operating costs and other:        
Selling, general and administrative expenses 1,095,749 896,588 2,065,451 1,762,919
Research and development expenses 235,803 191,199 453,376 372,035
Earnings from unconsolidated joint venture (14,460)   (28,935)  
Operating profit 626,103 517,766 1,216,691 939,311
Non-operating income (expense):        
Interest expense (31,709) (28,944) (62,434) (58,988)
Interest income 2,280 1,039 4,395 2,592
Earnings from continuing operations before income taxes 596,674 489,861 1,158,652 882,915
Income taxes (147,028) (127,738) (288,760) (228,046)
Earnings from continuing operations 449,646 362,123 869,892 654,869
Earnings from discontinued operations, net of income taxes 199,118 10,353 208,230 17,840
Net earnings $ 648,764 $ 372,476 $ 1,078,122 $ 672,709
Earnings per share from continuing operations:        
Basic $ 0.67 $ 0.55 $ 1.31 $ 1.01
Diluted $ 0.65 $ 0.53 $ 1.26 $ 0.97
Earnings per share from discontinued operations:        
Basic $ 0.30 $ 0.02 $ 0.31 $ 0.03
Diluted $ 0.29 $ 0.02 $ 0.30 $ 0.03
Net earnings per share:        
Basic $ 0.97 $ 0.57 $ 1.62 $ 1.03 [1]
Diluted $ 0.94 $ 0.55 $ 1.56 $ 1.00
Average common stock and common equivalent shares outstanding (in thousands):        
Basic 667,207 652,478 664,403 650,723
Diluted 694,599 682,338 691,464 681,230
[1] Earnings per share amounts do not add due to rounding.