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Consolidated Condensed Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2020
Jun. 28, 2019
Jul. 03, 2020
Jun. 28, 2019
Income Statement [Abstract]        
Sales $ 5,297.4 $ 4,444.5 $ 9,640.5 $ 8,664.7
Cost of sales (2,444.8) (1,960.7) (4,345.1) (3,826.0)
Gross profit 2,852.6 2,483.8 5,295.4 4,838.7
Operating costs:        
Selling, general and administrative expenses (1,685.4) (1,390.0) (3,143.7) (2,757.7)
Research and development expenses (322.6) (282.1) (609.6) (549.6)
Operating profit 844.6 811.7 1,542.1 1,531.4
Nonoperating income (expense):        
Other (expense) income, net (0.7) 5.0 (2.2) 10.1
Gain on sale of product lines 454.6 0.0 454.6 0.0
Interest expense (78.6) (19.7) (126.0) (40.2)
Interest income 1.0 26.2 63.5 41.9
Earnings from continuing operations before income taxes 1,220.9 823.2 1,932.0 1,543.2
Income taxes (293.6) (146.8) (409.6) (534.5)
Net earnings from continuing operations 927.3 676.4 1,522.4 1,008.7
Earnings from discontinued operations, net of income taxes 0.0 54.9 0.0 56.4
Net earnings 927.3 731.3 1,522.4 1,065.1
Mandatory convertible preferred stock dividends (34.6) (22.7) (54.2) (29.2)
Net earnings attributable to common stockholders $ 892.7 $ 708.6 $ 1,468.2 $ 1,035.9
Net earnings per common share:        
Net earnings per share from continuing operations, basic $ 1.27 $ 0.91 $ 2.09 [1] $ 1.37
Net earnings per share from continuing operations, diluted 1.24 0.90 2.06 [1] 1.36
Net earnings per share from discontinued operations, basic 0 0.08 0 0.08
Net earnings per share from discontinued operations, diluted 0 0.08 0 0.08
Net earnings per common share, basic 1.27 0.99 2.09 [1] 1.45
Net earnings per common share, diluted $ 1.24 $ 0.97 [2] $ 2.06 [1] $ 1.43 [2]
Average common stock and common equivalent shares outstanding:        
Basic 705.1 717.6 701.1 712.6
Diluted 718.2 727.9 713.1 723.2
[1] Net earnings per common share amounts for the relevant three-month periods do not add to the six-month period amounts due to rounding.
[2] Net earnings per common share does not add due to rounding.