XML 30 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Earnings (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Net sales $ 1,410 $ 1,446 $ 2,805 $ 2,822
Cost of sales:        
Cost of sales before special charges 367 384 725 749
Special charges 16 11 39 11
Total cost of sales 383 395 764 760
Gross profit 1,027 1,051 2,041 2,062
Selling, general and administrative expense 494 514 984 1,027
Research and development expense 173 176 348 352
Purchased in-process research and development charges 0 4 0 4
Special charges 22 32 69 32
Operating profit 338 325 640 647
Other income (expense), net (25) (25) (48) (52)
Earnings before income taxes 313 300 592 595
Income tax expense 69 59 136 121
Net earnings $ 244 $ 241 $ 456 $ 474
Net earnings per share:        
Basic $ 0.78 $ 0.73 $ 1.45 $ 1.45
Diluted $ 0.78 $ 0.72 $ 1.44 $ 1.43
Cash dividends declared per share: $ 0.23 $ 0.21 $ 0.46 $ 0.42
Weighted average shares outstanding:        
Basic 313.9 328.6 314.8 326.9
Diluted 315.2 332.6 316.4 330.7