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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 03, 2020
Sep. 28, 2019
Oct. 03, 2020
Sep. 28, 2019
Revenues        
Total revenues $ 2,735 $ 3,259 $ 7,984 $ 9,595
Costs, expenses and other        
Cost of sales 2,332 2,747 6,970 7,965
Selling and administrative expense 258 255 760 854
Interest expense 43 44 125 129
Special charges 7 0 124 0
Non-service components of pension and post-retirement income, net (21) (28) (62) (85)
Total costs, expenses and other 2,619 3,018 7,917 8,863
Income before income taxes 116 241 67 732
Income tax expense (benefit) 1 21 (6) 116
Net income $ 115 $ 220 $ 73 $ 616
Earnings per share        
Basic (in dollars per share) $ 0.50 $ 0.96 $ 0.32 $ 2.65
Diluted (in dollars per share) $ 0.50 $ 0.95 $ 0.32 $ 2.64
Manufacturing revenues        
Revenues        
Total revenues $ 2,722 $ 3,245 $ 7,942 $ 9,548
Finance revenues        
Revenues        
Total revenues $ 13 $ 14 $ 42 $ 47