Consolidated Statements of Earnings - USD ($) $ in Millions |
3 Months Ended | |
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Mar. 30, 2025 |
Mar. 31, 2024 |
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Sales | ||
Total sales | $ 17,963 | $ 17,195 |
Operating costs and expenses | ||
Other unallocated, net | 284 | 285 |
Total operating costs and expenses | (15,640) | (15,202) |
Gross profit | 2,323 | 1,993 |
Other income, net | 49 | 36 |
Operating profit | 2,372 | 2,029 |
Interest expense | (268) | (255) |
Non-service FAS pension (expense) income | (98) | 16 |
Other non-operating income, net | 30 | 45 |
Earnings before income taxes | 2,036 | 1,835 |
Income tax expense | (324) | (290) |
Net earnings | $ 1,712 | $ 1,545 |
Earnings per common share | ||
Basic (in dollars per share) | $ 7.30 | $ 6.42 |
Diluted (in dollars per share) | 7.28 | 6.39 |
Cash dividends paid per common share (in dollars per share) | $ 3.30 | $ 3.15 |
Products | ||
Sales | ||
Total sales | $ 14,936 | $ 14,196 |
Operating costs and expenses | ||
Total operating costs and expenses | (13,284) | (12,884) |
Services | ||
Sales | ||
Total sales | 3,027 | 2,999 |
Operating costs and expenses | ||
Total operating costs and expenses | $ (2,640) | $ (2,603) |
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- Definition Other Unallocated (Income) Expense No definition available.
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- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense (reversal of expense) for net periodic benefit cost components, excluding service cost component, of defined benefit plan. Amount includes, but is not limited to, interest cost, expected (return) loss on plan asset, amortization of prior service cost (credit), amortization of (gain) loss, amortization of transition (asset) obligation, settlement (gain) loss, curtailment (gain) loss and certain termination benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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