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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Income Statement [Abstract]    
Net sales $ 3,401 $ 3,248
Cost of goods sold 2,149 2,088
Selling, general and administrative expense 742 880
Operating profit 510 280
Interest expense 69 61
Other income (expense), net 70 88
Income before income taxes 511 307
Income taxes 67 43
Earnings (loss) from unconsolidated entities 0 2
Net income $ 444 $ 266
Per share amounts:    
Basic earnings (in dollars per share) $ 1.28 $ 0.76
Diluted earnings (in dollars per share) 1.27 0.75
Dividends per share (in dollars per share) $ 0.54 $ 0.52
Average shares outstanding:    
Basic (in shares) 346 351
Diluted (in shares) 348 354
Actual shares outstanding at period end (in shares) 347 350