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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Net sales:    
Net sales of tangible products $ 839 $ 735
Revenue from services and software 138 130
Total Net sales 977 865
Cost of sales:    
Cost of sales of tangible products 423 379
Cost of services and software 89 85
Total Cost of sales 512 464
Gross profit 465 401
Operating expenses:    
Selling and marketing 120 109
Research and development 101 96
General and administrative 71 75
Amortization of intangible assets 23 50
Acquisition and integration costs 2 27
Exit and restructuring costs 4 4
Total Operating expenses 321 361
Operating income 144 40
Other expenses:    
Foreign exchange loss 0 (1)
Interest expense, net (11) (41)
Total Other expenses, net (11) (42)
Income (loss) before income taxes 133 (2)
Income tax expense (benefit) 24 (10)
Net income $ 109 $ 8
Basic earnings per share (USD per share) $ 2.04 $ 0.16
Diluted earnings per share (USD per share) $ 2.01 $ 0.16
Basic weighted average shares outstanding 53,286,249 51,842,025
Diluted weighted average and equivalent shares outstanding 53,985,755 52,946,883