Consolidated Statement of Earnings (Unaudited) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 29, 2025 |
Jun. 30, 2024 |
Jun. 29, 2025 |
Jun. 30, 2024 |
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Revenue: | ||||
Total revenue | $ 13,041 | $ 11,976 | $ 25,264 | $ 22,707 |
Operating costs and expenses: | ||||
General and administrative (G&A) | (644) | (644) | (1,269) | (1,271) |
Operating costs and expenses, total | (11,736) | (10,820) | (22,691) | (20,515) |
Operating earnings | 1,305 | 1,156 | 2,573 | 2,192 |
Other, net | 15 | 18 | 36 | 32 |
Interest, net | (88) | (84) | (177) | (166) |
Earnings before income tax | 1,232 | 1,090 | 2,432 | 2,058 |
Provision for income tax, net | (218) | (185) | (424) | (354) |
Net earnings | $ 1,014 | $ 905 | $ 2,008 | $ 1,704 |
Earnings per share | ||||
Basic (in dollars per share) | $ 3.78 | $ 3.30 | $ 7.48 | $ 6.22 |
Diluted (in dollars per share) | $ 3.74 | $ 3.26 | $ 7.40 | $ 6.14 |
Products | ||||
Revenue: | ||||
Total revenue | $ 8,012 | $ 7,160 | $ 15,347 | $ 13,294 |
Operating costs and expenses: | ||||
Cost of sales | (6,823) | (6,127) | (12,964) | (11,315) |
Services | ||||
Revenue: | ||||
Total revenue | 5,029 | 4,816 | 9,917 | 9,413 |
Operating costs and expenses: | ||||
Cost of sales | $ (4,269) | $ (4,049) | $ (8,458) | $ (7,929) |
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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 Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 The amount of net income (loss) from continuing operations 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) derived from continuing operations during 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 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 income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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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 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 Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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