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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Net sales:    
Total Net sales $ 1,052 $ 1,066
Cost of sales:    
Total Cost of sales 579 565
Gross profit 473 501
Operating expenses:    
Selling and marketing 122 122
Research and development 105 111
General and administrative 74 76
Amortization of intangible assets 16 28
Acquisition and integration costs 1 4
Exit and restructuring costs 4 1
Total Operating expenses 322 342
Operating income 151 159
Other expenses:    
Foreign exchange loss (3) (3)
Interest expense, net (45) (24)
Other, net 0 (1)
Total Other expenses, net (48) (28)
Income before income tax 103 131
Income tax expense 14 16
Net income $ 89 $ 115
Basic earnings per share (USD per share) $ 1.66 $ 2.14
Diluted earnings per share (USD per share) $ 1.65 $ 2.12
Tangible products    
Net sales:    
Total Net sales $ 901 $ 924
Cost of sales:    
Total Cost of sales 486 471
Services and software    
Net sales:    
Total Net sales 151 142
Cost of sales:    
Total Cost of sales $ 93 $ 94