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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2018
Jul. 02, 2017
Jul. 01, 2018
Jul. 02, 2017
Income Statement [Abstract]        
Sales to customers (Note 9) $ 20,830 $ 18,839 $ 40,839 $ 36,605
Sales to customers percent to sales 100.00% 100.00% 100.00% 100.00%
Cost of products sold $ 6,927 $ 5,846 $ 13,541 $ 11,255
Cost of products sold percent to sales 33.30% 31.00% 33.20% 30.80%
Gross profit $ 13,903 $ 12,993 $ 27,298 $ 25,350
Gross profit percent to sales 66.70% 69.00% 66.80% 69.20%
Selling, marketing and administrative expenses $ 5,743 $ 5,289 $ 11,006 $ 10,052
Selling marketing and administrative expenses percent to sales 27.50% 28.10% 27.00% 27.50%
Research and development expense $ 2,639 $ 2,296 $ 5,043 $ 4,366
Research and development expense percent to sales 12.70% 12.20% 12.30% 11.90%
Interest income $ (126) $ (105) $ (240) $ (226)
Interest income percent to sales (0.60%) (0.60%) (0.60%) (0.60%)
Interest expense, net of portion capitalized $ 253 $ 227 $ 512 $ 431
Interest expense, net of portion capitalized percent to sales 1.20% 1.20% 1.30% 1.20%
Other (income) expense, net $ 364 $ 527 $ 424 $ 308
Other (income) expense, net percent to sales 1.70% 2.80% 1.00% 0.80%
Restructuring (Note 12) $ 57 $ 11 $ 99 $ 96
Restructuring charge percent to sales 0.30% 0.10% 0.20% 0.20%
Earnings before provision for taxes on income $ 4,973 $ 4,748 $ 10,454 $ 10,323
Earnings before provision for taxes on income percent to sales 23.90% 25.20% 25.60% 28.20%
Provision for taxes on income (Note 5) $ 1,019 $ 921 $ 2,133 $ 2,074
Provision for taxes on income perent to sales 4.90% 4.90% 5.20% 5.70%
NET EARNINGS $ 3,954 $ 3,827 $ 8,321 $ 8,249
Net earnings percent to sales 19.00% 20.30% 20.40% 22.50%
NET EARNINGS PER SHARE (Note 8)        
Basic (per share) $ 1.47 $ 1.42 $ 3.10 $ 3.06
Diluted (per share) 1.45 1.40 3.05 3.00
CASH DIVIDENDS PER SHARE $ 0.90 $ 0.84 $ 1.74 $ 1.64
AVG. SHARES OUTSTANDING        
Basic (shares) 2,682.3 2,691.9 2,682.2 2,699.3
Diluted (shares) 2,721.3 2,741.5 2,728.5 2,749.4