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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales      
Products $ 43,875 $ 40,365 $ 34,868
Services 7,173 6,883 5,668
Total net sales 51,048 47,248 40,536
Cost of sales      
Products (39,750) (36,616) (31,091)
Services (6,405) (6,040) (4,824)
Severance charges 0 (80) (82)
Other unallocated, net 655 550 (47)
Total cost of sales (45,500) (42,186) (36,044)
Gross profit 5,548 5,062 4,492
Other income, net 373 487 220
Operating profit 5,921 5,549 4,712
Interest expense (651) (663) (443)
Other non-operating (expense) income, net (1) 0 30
Earnings from continuing operations before income taxes 5,269 4,886 4,299
Income tax expense (3,340) (1,133) (1,173)
Net earnings from continuing operations 1,929 3,753 3,126
Net earnings from discontinued operations 73 1,549 479
Net earnings $ 2,002 $ 5,302 $ 3,605
Basic      
Continuing operations (in dollars per share) $ 6.70 $ 12.54 $ 10.07
Discontinued operations (in dollars per share) 0.26 5.17 1.55
Basic earnings per common share (in dollars per share) 6.96 17.71 11.62
Diluted      
Continuing operations (in dollars per share) 6.64 12.38 9.93
Discontinued operations (in dollars per share) 0.25 5.11 1.53
Diluted earnings per common share (in dollars per share) $ 6.89 $ 17.49 $ 11.46