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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Revenues    
Total revenues $ 3,135 $ 3,024
Costs, expenses and other    
Selling and administrative expense 316 305
Interest expense, net 20 20
Special charges 14 0
Non-service components of pension and postretirement income, net (66) (59)
Total costs, expenses and other 2,898 2,797
Income before income taxes 237 227
Income tax expense 36 36
Net income $ 201 $ 191
Earnings per share    
Basic (in dollars per share) $ 1.04 $ 0.93
Diluted (in dollars per share) $ 1.03 $ 0.92
Manufacturing group    
Costs, expenses and other    
Net income $ 187 $ 185
Finance group    
Revenues    
Total revenues 15 12
Costs, expenses and other    
Net income 14 6
Product    
Costs, expenses and other    
Cost of products/services sold 2,069 2,176
Product | Manufacturing group    
Revenues    
Total revenues 2,432 2,550
Service    
Costs, expenses and other    
Cost of products/services sold 545 355
Service | Manufacturing group    
Revenues    
Total revenues $ 688 $ 462