v3.26.1
Acquisition (Tables)
 6 Months Ended
Jun. 26, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Fair Values of the Assets Acquired and Liabilities Assumed
The following summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition ($ in millions):
Trade accounts receivable$232 
Inventories667 
Property, plant and equipment355 
Goodwill4,960 
Other intangible assets, primarily technology, customer relationships and trade names4,844 
Trade accounts payable(77)
Deferred tax liabilities(1,088)
Other assets and liabilities, net(5)
Net assets acquired9,888 
Less non-cash consideration(45)
Net cash consideration$9,843 
Pro Forma Financial Information The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time ($ in millions, except per share amounts):
 Three-Month Period EndedSix-Month Period Ended
 June 26, 2026June 27, 2025June 26, 2026June 27, 2025
Sales$6,511 $6,307 $12,866 $12,420 
Net earnings
900 372 1,878 1,131 
Diluted net earnings per common share
1.27 0.52 2.65 1.57