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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
Income Statement [Abstract]        
Sales to customers (Note 9) $ 21,351 $ 19,996 $ 63,764 $ 60,051
Sales to customers percent to sales 100.00% 100.00% 100.00% 100.00%
Cost of products sold $ 6,606 $ 6,172 $ 19,755 $ 18,512
Cost of products sold percent to sales 30.90% 30.90% 31.00% 30.80%
Gross profit $ 14,745 $ 13,824 $ 44,009 $ 41,539
Gross Profit Percent To Sales 69.10% 69.10% 69.00% 69.20%
Selling, marketing and administrative expenses $ 5,400 $ 4,975 $ 15,702 $ 14,907
Selling marketing and administrative expenses percent to sales 25.30% 24.90% 24.60% 24.80%
Research and development expense $ 3,447 $ 3,485 $ 10,605 $ 10,425
Research and development expense percent to sales 16.20% 17.40% 16.60% 17.40%
In-process research and development impairments $ 206 $ 0 $ 255 $ 610
In-process research and development percent to sales 1.00% 0.00% 0.40% 1.00%
Interest income $ (374) $ (150) $ (898) $ (236)
Interest income percent to sales (1.70%) (0.80%) (1.40%) (0.40%)
Interest expense, net of portion capitalized $ 192 $ 51 $ 621 $ 99
Interest expense, net of portion capitalized percent to sales 0.90% 0.30% 1.00% 0.20%
Other (income) expense, net $ 499 $ 226 $ 7,055 $ 15
Other (income) expense, net percent to sales 2.30% 1.10% 11.10% 0.00%
Restructuring $ 158 $ 65 $ 433 $ 200
Restructuring charge percent to sales 0.70% 0.30% 0.60% 0.40%
Earnings before provision for taxes on income $ 5,217 $ 5,172 $ 10,236 $ 15,519
Earnings before provision for taxes on income percent to sales 24.40% 25.90% 16.10% 25.80%
Provision for taxes on income (Note 5) $ 908 $ 862 $ 1,042 $ 2,376
Provision for taxes on income percent to sales 4.20% 4.30% 1.70% 3.90%
Net earnings from continuing operations $ 4,309 $ 4,310 $ 9,194 $ 13,143
Net earnings from continuing operations percent of sales 20.20% 21.60% 14.40% 21.90%
Net earnings from discontinued operations, net of tax (Note 12) $ 21,719 $ 148 $ 21,910 $ 1,278
Net earnings $ 26,028 $ 4,458 $ 31,104 $ 14,421
NET EARNINGS PER SHARE        
Continuing operations - basic (in dollars per share) $ 1.71 $ 1.64 $ 3.57 $ 5.00
Discontinued operations - basic (in dollars per share) 8.61 0.06 8.51 0.49
Total net earnings per share - basic (in dollars per share) 10.32 1.70 12.08 5.49
Continuing operations - diluted (in dollars per share) 1.69 1.62 3.53 4.93
Discontinued operations - diluted (in dollars per share) 8.52 0.06 8.42 0.48
Total net earnings per share - diluted (in dollars per share) $ 10.21 $ 1.68 $ 11.95 $ 5.41
AVG. SHARES OUTSTANDING        
Basic (shares) 2,522.9 2,627.9 2,575.6 2,628.9
Diluted (shares) 2,549.7 2,661.3 2,603.4 2,667.5