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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Sales        
Total sales $ 18,155 $ 18,122 $ 36,118 $ 35,317
Operating costs and expenses        
Impairment and other charges (66) (87) (66) (87)
Other unallocated, net 244 197 528 482
Total operating costs and expenses (17,421) (15,992) (33,061) (31,194)
Gross profit 734 2,130 3,057 4,123
Other income, net 14 18 63 54
Operating profit 748 2,148 3,120 4,177
Interest expense (274) (261) (542) (516)
Non-service FAS pension (expense) income (99) 15 (197) 31
Other non-operating income, net 42 46 72 91
Earnings before income taxes 417 1,948 2,453 3,783
Income tax expense (75) (307) (399) (597)
Net earnings $ 342 $ 1,641 $ 2,054 $ 3,186
Earnings per common share        
Basic (in dollars per share) $ 1.46 $ 6.87 $ 8.78 $ 13.29
Diluted (in dollars per share) 1.46 6.85 8.75 13.24
Cash dividends paid per common share (in dollars per share) $ 3.30 $ 3.15 $ 6.60 $ 6.30
Products        
Sales        
Total sales $ 15,149 $ 15,109 $ 30,085 $ 29,305
Operating costs and expenses        
Total operating costs and expenses (14,469) (13,520) (27,753) (26,404)
Services        
Sales        
Total sales 3,006 3,013 6,033 6,012
Operating costs and expenses        
Total operating costs and expenses $ (3,130) $ (2,582) $ (5,770) $ (5,185)