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Quarterly Financial Data
 12 Months Ended
Dec. 29, 2012
Quarterly Financial Data [Abstract]  
Quarterly Financial Information [Text Block]
NOTE 15 - QUARTERLY FINANCIAL DATA (UNAUDITED)
 
First
 
Second
 
Third
 
Fourth
 
(in millions, except per share amounts)
Quarter
 
Quarter
 
Quarter
 
Quarter
 
 
 
 
 
 
 
 
 
 
Fiscal Year 2012:
 
 
 
 
 
 
 
 
Net sales
$
1,395

 
$
1,410

 
$
1,326

 
$
1,372

 
Gross profit
1,014

 
1,027

 
971

 
953

 
Net earnings (a)
212

(b)
244

 
176

(c)
120

(d)
Basic net earnings per share
$
0.67

 
$
0.78

 
$
0.56

 
$
0.39

 
Diluted net earnings per share
$
0.67

 
$
0.78

 
$
0.56

 
$
0.39

 
Cash dividends declared per share
$
0.23

 
$
0.23

 
$
0.23

 
$
0.23

 
 
 
 
 
 
 
 
 
 
Fiscal Year 2011:
 
 
 
 
 
 
 
 
Net sales
$
1,376

 
$
1,446

 
$
1,383

 
$
1,407

 
Gross profit
1,011

 
1,051

 
1,013

 
1,004

 
Net earnings (e)
233

 
241

 
227

 
125

(f)
Basic net earnings per share
$
0.72

 
$
0.73

 
$
0.70

 
$
0.39

 
Diluted net earnings per share
$
0.71

 
$
0.72

 
$
0.69

 
$
0.39

 
Cash dividends declared per share
$
0.21

 
$
0.21

 
$
0.21

 
$
0.21

 


(a)
Restructuring activities resulted in after-tax special charges of $29 million for the first quarter, $27 million for the second quarter, $66 million for the third quarter and $75 million for the fourth quarter.
(b)
Includes after-tax special charges of $25 million related to a license dispute settlement charge.
(c)
Includes after-tax special charges of $15 million for intangible asset impairment charges.
(d)
Includes after-tax special charges of $27 million related to IESD litigation and field action costs and after-tax charges of $11 million for intangible asset impairment charges and CATD inventory write-offs associated with discontinued product lines. Additionally, the Company recognized $46 million of additional income tax expense related to adjustments to uncertain tax positions associated with the effective settlement of certain income tax audits.
(e)
Restructuring activities resulted in after-tax special charges of $29 million for the second quarter, $21 million for the third quarter and $71 million for the fourth quarter.
(f)
Includes after-tax special charges of $31 million for intangible asset impairment charges and $38 million of after-tax accounts receivable allowance charges for collection risk in Europe.