v3.26.1
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 8,751 $ 8,363 $ 16,223 $ 15,576
Cost of sales (6,039) (5,750) (11,193) (10,747)
Gross profit 2,712 2,613 5,030 4,829
Selling, general and administrative expenses (1,718) (1,650) (3,325) (3,215)
Restructuring expenses (2) (25) (4) (76)
Depreciation and amortization (99) (96) (196) (189)
Operating profit 893 842 1,505 1,349
Interest expense, net (52) (49) (97) (95)
Other income (expense) 5 (3) (2) 5
Income before income taxes 846 790 1,406 1,259
Provision for income taxes (180) (156) (326) (280)
Net income $ 666 $ 634 $ 1,080 $ 979
Earnings per share - Basic (in usd per share) $ 3.44 $ 3.21 $ 5.56 $ 4.94
Earnings per share - Diluted (in usd per share) $ 3.43 $ 3.21 $ 5.56 $ 4.94
Weighted average number of shares outstanding:        
Basic (in shares) 193.7 197.4 194.1 198.1
Diluted (in shares) 194.0 197.5 194.4 198.2