Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 28, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Our quarterly financial data for 2019 and 2018 is summarized as follows:

	2019 Quarters
	Fourth		Third		Second		First
	(in millions, except per share data)
Net sales	$	6,536	$	6,076	$	6,406	$	5,959
Gross profit	2,107		1,947		2,082		2,011
Net income/(loss)	183		898		448		404
Net income/(loss) attributable to common shareholders	182		899		449		405
Per share data applicable to common shareholders:
Basic earnings/(loss)	0.15		0.74		0.37		0.33
Diluted earnings/(loss)	0.15		0.74		0.37		0.33

	2018 Quarters
	Fourth			Third		Second		First
	(in millions, except per share data)
Net sales	$	6,891		$	6,383	$	6,690	$	6,304
Gross profit	2,216			2,094		2,347		2,264
Net income/(loss)	(12,628		)	618		753		1,003
Net income/(loss) attributable to common shareholders	(12,568		)	619		754		1,003
Per share data applicable to common shareholders:
Basic earnings/(loss)	(10.30		)	0.51		0.62		0.82
Diluted earnings/(loss)	(10.30		)	0.50		0.62		0.82