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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 27, 2022
Mar. 28, 2021
Net sales    
Total net sales $ 14,964 $ 16,258
Cost of sales    
Total cost of sales (13,055) (14,072)
Severance and restructuring charges 0 (36)
Gross profit 1,909 2,186
Other income (expense), net 24 (4)
Operating profit 1,933 2,182
Interest expense (135) (140)
Non-service FAS pension income 140 93
Other non-operating income, net 123 76
Earnings before income taxes 2,061 2,211
Income tax expense (328) (374)
Net earnings $ 1,733 $ 1,837
Earnings per common share    
Basic (in dollars per share) $ 6.46 $ 6.58
Diluted (in dollars per share) 6.44 6.56
Cash dividends paid per common share (in dollars per share) $ 2.80 $ 2.60
Products    
Net sales    
Total net sales $ 12,494 $ 13,753
Cost of sales    
Total cost of sales (11,161) (12,281)
Services    
Net sales    
Total net sales 2,470 2,505
Cost of sales    
Total cost of sales (2,175) (2,230)
Other unallocated, net    
Cost of sales    
Total cost of sales $ 281 $ 475