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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Revenues    
Manufacturing revenues $ 3,181 $ 3,051
Finance revenues 20 22
Total revenues 3,201 3,073
Costs and expenses    
Cost of sales 2,635 2,509
Selling and administrative expense 308 337
Interest expense 43 43
Total costs and expenses 2,986 2,889
Income from continuing operations before income taxes 215 184
Income tax expense 64 56
Income from continuing operations 151 128
Loss from discontinued operations, net of income taxes (1)  
Net income $ 150 $ 128
Basic earnings per share    
Continuing operations (in dollars per share) $ 0.55 $ 0.46
Basic earnings per share (in dollars per share) 0.55 0.46
Diluted earnings per share    
Continuing operations (in dollars per share) 0.55 0.46
Diluted earnings per share (in dollars per share) 0.55 0.46
Dividends per share    
Common stock (in dollars per share) $ 0.02 $ 0.02