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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 29, 2024
Sep. 24, 2023
Sep. 29, 2024
Sep. 24, 2023
Net sales        
Total net sales $ 17,104 $ 16,878 $ 52,421 $ 48,697
Cost of sales        
Impairment and severance charges 0 0 (87) 0
Other unallocated, net 249 251 731 883
Total cost of sales (14,987) (14,830) (46,181) (42,513)
Gross profit 2,117 2,048 6,240 6,184
Other income (expense), net 23 (6) 77 30
Operating profit 2,140 2,042 6,317 6,214
Interest expense (256) (237) (772) (662)
Non-service FAS pension income 16 111 47 332
Other non-operating income, net 18 37 109 69
Earnings before income taxes 1,918 1,953 5,701 5,953
Income tax expense (295) (269) (892) (899)
Net earnings $ 1,623 $ 1,684 $ 4,809 $ 5,054
Earnings per common share        
Basic (in dollars per share) $ 6.83 $ 6.75 $ 20.12 $ 20.04
Diluted (in dollars per share) 6.80 6.73 20.05 19.97
Cash dividends paid per common share (in dollars per share) $ 3.15 $ 3.00 $ 9.45 $ 9.00
Products        
Net sales        
Total net sales $ 14,472 $ 14,014 $ 43,777 $ 40,298
Cost of sales        
Total cost of sales (12,964) (12,571) (39,368) (35,960)
Services        
Net sales        
Total net sales 2,632 2,864 8,644 8,399
Cost of sales        
Total cost of sales $ (2,272) $ (2,510) $ (7,457) $ (7,436)