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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Sep. 28, 2025
Sep. 29, 2024
Sales        
Total sales $ 18,609 $ 17,104 $ 54,727 $ 52,421
Operating costs and expenses        
Impairment and other charges 0 0 (66) (87)
Other unallocated, net 210 249 738 731
Total operating costs and expenses (16,369) (14,987) (49,430) (46,181)
Gross profit 2,240 2,117 5,297 6,240
Other income, net 40 23 103 77
Operating profit 2,280 2,140 5,400 6,317
Interest expense (286) (256) (828) (772)
Non-service FAS pension (expense) income (99) 16 (296) 47
Other non-operating income, net 43 18 115 109
Earnings before income taxes 1,938 1,918 4,391 5,701
Income tax expense (319) (295) (718) (892)
Net earnings $ 1,619 $ 1,623 $ 3,673 $ 4,809
Earnings per common share        
Basic (in dollars per share) $ 6.98 $ 6.83 $ 15.74 $ 20.12
Diluted (in dollars per share) 6.95 6.80 15.69 20.05
Cash dividends paid per common share (in dollars per share) $ 3.30 $ 3.15 $ 9.90 $ 9.45
Products        
Sales        
Total sales $ 15,311 $ 14,472 $ 45,396 $ 43,777
Operating costs and expenses        
Total operating costs and expenses (13,708) (12,964) (41,461) (39,368)
Services        
Sales        
Total sales 3,298 2,632 9,331 8,644
Operating costs and expenses        
Total operating costs and expenses $ (2,871) $ (2,272) $ (8,641) $ (7,457)