XML 11 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 02, 2016
Jan. 03, 2015
Dec. 28, 2013
Income Statement [Abstract]      
Net sales $ 5,541 $ 5,622 $ 5,501
Cost of sales:      
Cost of sales before special charges 1,706 1,597 1,529
Special charges 39 56 45
Total cost of sales 1,745 1,653 1,574
Gross profit 3,796 3,969 3,927
Selling, general and administrative expense 1,878 1,856 1,805
Research and development expense 676 692 691
Amortization of intangible assets 116 89 79
Special charges 96 181 301
Operating profit 1,030 1,151 1,051
Interest income (3) (5) (5)
Interest expense 103 85 81
Other (income) expense 2 3 191
Other expense, net 102 83 267
Earnings before income taxes and noncontrolling interest 928 1,068 784
Income tax expense 62 113 92
Net earnings before noncontrolling interest 866 955 692
Less: Net loss attributable to noncontrolling interest (14) (47) (31)
Net earnings attributable to St. Jude Medical, Inc. $ 880 $ 1,002 $ 723
Net earnings per share attributable to St. Jude Medical, Inc.:      
Basic (USD per share) $ 3.11 $ 3.52 $ 2.52
Diluted (USD per share) 3.07 3.46 2.49
Cash dividends declared per share (USD per share) $ 1.16 $ 1.08 $ 1.00
Weighted average shares outstanding:      
Basic (shares) 282.2 285.0 287.0
Diluted (shares) 286.3 289.7 290.6