v3.26.3
Acquisition (Tables)
 9 Months Ended
Sep. 25, 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 for the Masimo Acquisition and the other 2026 acquisition ($ in millions):
MasimoOtherTotal
Trade accounts receivable$230 $— $230 
Inventories573 1 574 
Property, plant and equipment334 1 335 
Goodwill4,876 26 4,902 
Other intangible assets, primarily technology, customer relationships and trade names5,006 144 5,150 
Trade accounts payable(77)— (77)
Deferred tax liabilities(1,051)— (1,051)
Other assets and liabilities, net(2)(135)(137)
Net assets acquired9,889 37 9,926 
Less non-cash consideration(45)— (45)
Net cash consideration$9,844 $37 $9,881 
Pro Forma Financial Information The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time ($ in millions, except per share amounts):
Three-Month Period EndedNine-Month Period Ended
September 25, 2026September 26, 2025September 25, 2026September 26, 2025
Sales$6,555 $6,427 $19,425 $18,852 
Net earnings from continuing operations
1,273 808 3,129 2,004 
Diluted net earnings per common share from continuing operations
1.80 1.13 4.42 2.79