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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Revenues        
Total revenues $ 3,227 $ 3,726 $ 6,336 $ 7,022
Costs, expenses and other        
Cost of sales 2,641 3,073 5,218 5,802
Selling and administrative expense 292 370 599 697
Interest expense 43 42 85 83
Non-service components of pension and post-retirement income, net (28) (19) (57) (38)
Total costs, expenses and other 2,948 3,466 5,845 6,544
Income before income taxes 279 260 491 478
Income tax expense 62 36 95 65
Net income $ 217 $ 224 $ 396 $ 413
Earnings per share        
Basic (in dollars per share) $ 0.94 $ 0.88 $ 1.70 $ 1.61
Diluted (in dollars per share) $ 0.93 $ 0.87 $ 1.69 $ 1.59
Manufacturing        
Revenues        
Total revenues $ 3,211 $ 3,709 $ 6,303 $ 6,989
Finance        
Revenues        
Finance Revenue $ 16 $ 17 $ 33 $ 33