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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2021
Oct. 03, 2020
Oct. 02, 2021
Oct. 03, 2020
Revenues        
Total revenues $ 2,990 $ 2,735 $ 9,060 $ 7,984
Costs, expenses and other        
Cost of sales 2,486 2,332 7,546 6,970
Selling and administrative expense 283 258 895 760
Interest expense 33 43 109 125
Special charges 10 7 20 124
Non-service components of pension and post-retirement income, net (40) (21) (119) (62)
Gain on business disposition 0 0 (17) 0
Total costs, expenses and other 2,772 2,619 8,434 7,917
Income from continuing operations before income taxes 218 116 626 67
Income tax expense (benefit) 33 1 86 (6)
Income from continuing operations 185 115 540 73
Loss from discontinued operations 0 0 (1) 0
Net income $ 185 $ 115 $ 539 $ 73
Basic Earnings per share        
Continuing operations (in dollars per share) $ 0.83 $ 0.50 $ 2.39 $ 0.32
Diluted Earnings per share        
Continuing operations (in dollars per share) $ 0.82 $ 0.50 $ 2.37 $ 0.32
Manufacturing revenues        
Revenues        
Total revenues $ 2,979 $ 2,722 $ 9,022 $ 7,942
Finance revenues        
Revenues        
Total revenues $ 11 $ 13 $ 38 $ 42