XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 25, 2023
Jun. 30, 2024
Jun. 25, 2023
Net sales        
Total net sales $ 18,122 $ 16,693 $ 35,317 $ 31,819
Cost of sales        
Impairment and severance charges (87) 0 (87) 0
Other unallocated, net 197 277 482 632
Total cost of sales (15,992) (14,603) (31,194) (27,683)
Gross profit 2,130 2,090 4,123 4,136
Other income, net 18 45 54 36
Operating profit 2,148 2,135 4,177 4,172
Interest expense (261) (223) (516) (425)
Non-service FAS pension income 15 111 31 221
Other non-operating income (expense), net 46 (17) 91 32
Earnings before income taxes 1,948 2,006 3,783 4,000
Income tax expense (307) (325) (597) (630)
Net earnings $ 1,641 $ 1,681 $ 3,186 $ 3,370
Earnings per common share        
Basic (in dollars per share) $ 6.87 $ 6.65 $ 13.29 $ 13.28
Diluted (in dollars per share) 6.85 6.63 13.24 13.24
Cash dividends paid per common share (in dollars per share) $ 3.15 $ 3.00 $ 6.30 $ 6.00
Products        
Net sales        
Total net sales $ 15,109 $ 13,758 $ 29,305 $ 26,284
Cost of sales        
Total cost of sales (13,520) (12,238) (26,404) (23,389)
Services        
Net sales        
Total net sales 3,013 2,935 6,012 5,535
Cost of sales        
Total cost of sales $ (2,582) $ (2,642) $ (5,185) $ (4,926)