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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Sales $ 697 $ 701 $ 1,373 $ 1,390
Cost of products and services sold 341 343 659 681
Gross profit 356 358 714 709
Selling, general and administrative expenses 164 157 327 317
Research and development expenses 19 16 36 32
Other charges 4 1 7 2
Operating income 169 184 344 358
Interest, net 1 0 1 1
Income before income taxes 168 184 343 357
Provision for income taxes 48 51 97 98
Net income $ 120 $ 133 $ 246 $ 259
Net income per share - Basic (in dollars per share) $ 1.00 $ 1.12 $ 2.05 $ 2.18
Net income per share - Diluted (in dollars per share) $ 0.98 $ 1.11 $ 2.02 $ 2.16
Weighted average number of shares outstanding - Basic (in shares) 120 119 120 119
Weighted average number of shares outstanding - Diluted (in shares) 122 120 122 120
Dividends per share (in dollars per share) $ 0.23 $ 0.23 $ 0.46 $ 0.46