v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Operating    
Net earnings $ 926 $ 947
Adjustments to reconcile Net earnings to Net cash provided by operating activities:    
Depreciation and amortization 291 167
Contingent earnout adjustment 91 0
Non-cash other income 0 (5)
Share-based compensation expenses 204 140
Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments:    
Accounts receivable 36 129
Inventories (355) (84)
Other current assets and contract assets 9 (122)
Accounts payable, accrued liabilities and contract liabilities (208) (455)
Other assets and liabilities (84) 49
Deferred income taxes 10 17
Net cash provided by operating activities 920 783
Investing    
Acquisitions and investments, net (224) (464)
Proceeds from sales of investments and businesses, net 6 12
Capital expenditures (117) (85)
Proceeds from sales of property, plant and equipment 1 0
Net cash used for investing activities (334) (537)
Financing    
Net proceeds from issuance of debt 0 1,983
Net proceeds from short-term borrowings 65 0
Repayments of short-term debt (200) (252)
Revolving credit facility renewal fees 0 (5)
Issuances of common stock, net of tax (9) (37)
Purchases of common stock (449) (543)
Payments of dividends (402) (364)
Payments of dividends to non-controlling interests (4) (4)
Net cash provided by (used for) financing activities (999) 778
Effect of exchange rate changes on total cash and cash equivalents (42) 80
Net increase (decrease) in total cash and cash equivalents (455) 1,104
Cash and cash equivalents, beginning of period 1,165 2,102
Cash and cash equivalents, end of period 710 3,206
Cash paid during the period for:    
Interest paid 229 135
Income and withholding taxes, net of refunds $ 276 $ 315