XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Sep. 28, 2013
Sep. 29, 2012
Revenues        
Manufacturing revenues $ 2,871 $ 2,936 $ 8,492 $ 8,695
Finance revenues 33 64 106 180
Total revenues 2,904 3,000 8,598 8,875
Costs and expenses        
Cost of sales 2,473 2,475 7,193 7,222
Selling and administrative expense 245 264 820 852
Interest expense 41 52 134 160
Total costs and expenses 2,759 2,791 8,147 8,234
Income from continuing operations before income taxes 145 209 451 641
Income tax expense 47 67 124 206
Income from continuing operations 98 142 327 435
Income from discontinued operations, net of income taxes 1 9 4 6
Net income $ 99 $ 151 $ 331 $ 441
Basic earnings per share        
Continuing operations (in dollars per share) $ 0.35 $ 0.51 $ 1.18 $ 1.55
Discontinued operations (in dollars per share)   $ 0.03 $ 0.01 $ 0.02
Basic earnings per share (in dollars per share) $ 0.35 $ 0.54 $ 1.19 $ 1.57
Diluted earnings per share        
Continuing operations (in dollars per share) $ 0.35 $ 0.48 $ 1.15 $ 1.47
Discontinued operations (in dollars per share)   $ 0.03 $ 0.01 $ 0.02
Diluted earnings per share (in dollars per share) $ 0.35 $ 0.51 $ 1.16 $ 1.49
Dividends per share        
Common stock (in dollars per share) $ 0.02 $ 0.02 $ 0.06 $ 0.06