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Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Cumulative Effect Adjustment
[1]
Common Stock, Par
Common Stock, Surplus
Retained Earnings
Retained Earnings
Cumulative Effect Adjustment
[1]
Treasury Stock
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2019 $ 13,978 $ (37) $ 482 $ 3,039 $ 31,633 $ (37) $ (17,358) $ (3,818)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 1,331       1,331      
Cash dividends declared (633)       (633)      
Equity-based awards 61     11     50  
Shares purchased (501)           (501)  
Other comprehensive income (loss) 107             107
Ending balance at Jun. 28, 2020 14,306   482 3,050 32,294   (17,809) (3,711)
Beginning balance at Mar. 29, 2020 13,609   482 3,015 31,983   (17,809) (4,062)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 625       625      
Cash dividends declared (314)       (314)      
Equity-based awards 35     35     0  
Other comprehensive income (loss) 351             351
Ending balance at Jun. 28, 2020 14,306   482 3,050 32,294   (17,809) (3,711)
Beginning balance at Dec. 31, 2020 15,661   482 3,124 33,498   (17,893) (3,550)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 1,445       1,445      
Cash dividends declared (670)       (670)      
Equity-based awards 141     70     71  
Shares purchased (1,359)           (1,359)  
Other comprehensive income (loss) 103             103
Ending balance at Jul. 04, 2021 15,321   482 3,194 34,273   (19,181) (3,447)
Beginning balance at Apr. 04, 2021 15,340   482 3,152 33,869   (18,585) (3,578)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net earnings 737       737      
Cash dividends declared (333)       (333)      
Equity-based awards 61     42     19  
Shares purchased (615)           (615)  
Other comprehensive income (loss) 131             131
Ending balance at Jul. 04, 2021 $ 15,321   $ 482 $ 3,194 $ 34,273   $ (19,181) $ (3,447)
[1] Reflects the cumulative effect of Accounting Standards Update (ASU) 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which we adopted on January 1, 2020.