v3.26.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2026
Sep. 28, 2025
Sep. 27, 2026
Sep. 28, 2025
Income Statement [Abstract]        
Net sales $ 3,886 $ 3,764 $ 11,750 $ 11,344
Cost of sales 1,572 1,538 4,833 4,689
Gross profit 2,314 2,226 6,917 6,655
Selling, general, and administrative expenses 1,569 1,512 4,559 4,553
Restructuring expenses 33 84 163 204
Other operating expense, net 6 1 23 19
Operating income 706 629 2,172 1,879
Other expense, net 8 10 19 26
Interest expense, net 89 93 274 281
Income before taxes 609 526 1,879 1,572
Provision for taxes 179 128 519 432
Net income $ 430 $ 398 $ 1,360 $ 1,140
Net income per share        
Basic (in dollars per share) $ 0.22 $ 0.21 $ 0.71 $ 0.59
Diluted (in dollars per share) $ 0.22 $ 0.21 $ 0.71 $ 0.59
Weighted-average number of shares outstanding        
Basic (in shares) 1,921 1,918 1,919 1,917
Diluted (in shares) 1,926 1,923 1,923 1,925