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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 26, 2023
Mar. 27, 2022
Net sales    
Total net sales $ 15,126 $ 14,964
Cost of sales    
Other unallocated, net 355 219
Total cost of sales (13,080) (13,055)
Gross profit 2,046 1,909
Other (expense) income, net (9) 24
Operating profit 2,037 1,933
Interest expense (202) (135)
Non-service FAS pension income 110 140
Other non-operating income, net 49 123
Earnings before income taxes 1,994 2,061
Income tax expense (305) (328)
Net earnings $ 1,689 $ 1,733
Earnings per common share    
Basic (in dollars per share) $ 6.63 $ 6.46
Diluted (in dollars per share) 6.61 6.44
Cash dividends paid per common share (in dollars per share) $ 3.00 $ 2.80
Products    
Net sales    
Total net sales $ 12,526 $ 12,494
Cost of sales    
Total cost of sales (11,151) (11,107)
Services    
Net sales    
Total net sales 2,600 2,470
Cost of sales    
Total cost of sales $ (2,284) $ (2,167)