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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Revenues:        
Sales $ 14,523 $ 14,086 $ 29,577 $ 28,418
Other operating income 113 103 221 209
Total revenues 14,636 14,189 29,798 28,627
Costs and expenses:        
Cost of merchandise sold 10,805 10,380 21,964 20,908
Operating and administrative expenses 2,779 2,739 5,587 5,434
Total costs and expenses 13,584 13,119 27,551 26,342
Operating profit 1,052 1,070 2,247 2,285
Investment income 151 299 646 627
Other nonoperating income, net 29 32 61 58
Earnings before income tax expense 1,232 1,401 2,954 2,970
Income tax expense 260 304 616 632
Net earnings $ 972 $ 1,097 $ 2,338 $ 2,338
Weighted average shares outstanding 3,296 3,332 3,296 3,330
Earnings per share $ 0.29 $ 0.33 $ 0.71 $ 0.70