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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Jul. 02, 2017
Jul. 03, 2016
Income Statement [Abstract]        
Sales to customers (Note 9) $ 18,839 $ 18,482 $ 36,605 $ 35,964
Sales to customers percent to sales 100.00% 100.00% 100.00% 100.00%
Cost of products sold $ 5,823 $ 5,336 $ 11,209 $ 10,665
Cost of products sold percent to sales 30.90% 28.90% 30.60% 29.60%
Gross profit $ 13,016 $ 13,146 $ 25,396 $ 25,299
Gross profit percent to sales 69.10% 71.10% 69.40% 70.40%
Selling, marketing and administrative expenses $ 5,262 $ 5,176 $ 9,999 $ 9,864
Selling marketing and administrative expenses percent to sales 28.00% 28.00% 27.30% 27.40%
Research and development expense $ 2,285 $ 2,264 $ 4,345 $ 4,277
Research and development expense percent to sales 12.10% 12.20% 11.90% 11.90%
Research and Development in Process $ 0 $ 29 $ 0 $ 29
Research and development in process percent to sales 0.00% 0.20% 0.00% 0.10%
Interest income $ (105) $ (88) $ (226) $ (171)
Interest income percent to sales (0.60%) (0.50%) (0.60%) (0.50%)
Interest expense, net of portion capitalized $ 227 $ 190 $ 431 $ 350
Interest expense, net of portion capitalized percent to sales 1.20% 1.10% 1.20% 1.00%
Other (income) expense, net $ 588 $ 557 $ 428 $ 518
Other (income) expense, net percent to sales 3.10% 3.00% 1.20% 1.40%
Restructuring (Note 12) $ 11 $ 114 $ 96 $ 234
Restructuring charge percent to sales 0.10% 0.60% 0.20% 0.70%
Earnings before provision for taxes on income $ 4,748 $ 4,904 $ 10,323 $ 10,198
Earnings before provision for taxes on income percent to sales 25.20% 26.50% 28.20% 28.40%
Provision for taxes on income (Note 5) $ 921 $ 907 $ 2,074 $ 1,744
Provision for taxes on income perent to sales 4.90% 4.90% 5.70% 4.90%
NET EARNINGS $ 3,827 $ 3,997 $ 8,249 $ 8,454
Net earnings percent to sales 20.30% 21.60% 22.50% 23.50%
NET EARNINGS PER SHARE (Note 8)        
Basic (per share) $ 1.42 $ 1.46 $ 3.06 $ 3.07
Diluted (per share) 1.40 1.43 3.00 3.02
CASH DIVIDENDS PER SHARE $ 0.84 $ 0.80 $ 1.64 $ 1.55
AVG. SHARES OUTSTANDING        
Basic (shares) 2,691.9 2,745.4 2,699.3 2,751.4
Diluted (shares) 2,741.5 2,794.2 2,749.4 2,800.9