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Acquisition and Equity-Method Investment (Tables)
3 Months Ended
Mar. 29, 2020
Business Combinations, Disposal Groups, Including Discontinued Operations, Equity Method Investments And Research And Development Arrangement [Abstract]  
Equity Method Investment
Summarized financial information for our equity method investee, GSK Consumer Healthcare, as of and for the three months ending December 31, 2019, the most recent period available, is as follows:
(MILLIONS OF DOLLARS)
 
December 31,
2019

Current assets
 
$
7,537

Noncurrent assets
 
39,509

Total assets
 
$
47,046

 
 
 
Current liabilities
 
$
5,576

Noncurrent liabilities
 
5,321

Total liabilities
 
$
10,898

 
 
 
Equity attributable to shareholders
 
$
36,029

Equity attributable to noncontrolling interests
 
120

Total net equity
 
$
36,149


(MILLIONS OF DOLLARS)
 
Three Months Ended December 31, 2019

Net sales
 
$
3,188

Cost of sales
 
(1,811
)
Gross profit
 
$
1,377

Income from continuing operations
 
46

Net income
 
46

Income attributable to shareholders
 
37