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Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of impact of adoption on condensed consolidated statement of earnings
The impact of adoption on the company’s condensed consolidated statements of earnings for the three and nine months ended September 30, 2018 was as follows:
 
 
Three months ended
September 30, 2018
 
Nine months ended
September 30, 2018
(in millions, except per share data)
 
As Reported
 
Balances Without Adoption of
ASU 2014-09
 
Effect of Change Higher/(Lower)
 
As Reported
 
Balances Without Adoption of
ASU 2014-09
 
Effect of Change Higher/(Lower)
Net revenues
 
$
8,236

 
$
8,270

 
$
(34
)
 
$
24,448

 
$
24,452

 
$
(4
)
Cost of products sold
 
1,835

 
1,851

 
(16
)
 
5,696

 
5,696

 

Income tax expense
 
14

 
16

 
(2
)
 
57

 
52

 
5

Net earnings
 
2,747

 
2,763

 
(16
)
 
7,513

 
7,522

 
(9
)
Diluted earnings per share
 
$
1.81

 
$
1.82

 
$
(0.01
)
 
$
4.79

 
$
4.80

 
$
(0.01
)