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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 28, 2021
Mar. 29, 2020
Net sales    
Total net sales $ 16,258 $ 15,651
Cost of sales    
Total cost of sales (14,072) (13,560)
Severance and restructuring charges (36) 0
Gross profit 2,186 2,091
Other (expense) income, net (4) 31
Operating profit 2,182 2,122
Interest expense (140) (148)
Other non-operating income, net 169 56
Earnings before income taxes 2,211 2,030
Income tax expense (374) (313)
Net earnings $ 1,837 $ 1,717
Earnings per common share    
Basic earnings per common share (in dollars per share) $ 6.58 $ 6.10
Diluted earnings per common share (in dollars per share) 6.56 6.08
Cash dividends paid per common share (in dollars per share) $ 2.60 $ 2.40
Products    
Net sales    
Total net sales $ 13,753 $ 13,166
Cost of sales    
Total cost of sales (12,281) (11,742)
Services    
Net sales    
Total net sales 2,505 2,485
Cost of sales    
Total cost of sales (2,230) (2,213)
Other unallocated, net    
Cost of sales    
Total cost of sales $ 475 $ 395