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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 24, 2018
Mar. 25, 2018
Dec. 31, 2017
Sep. 24, 2017
Jun. 25, 2017
Mar. 26, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales                      
Total net sales $ 14,411 $ 14,318 $ 13,398 $ 11,635 $ 13,844 $ 12,341 $ 12,563 $ 11,212 $ 53,762 $ 49,960 $ 47,290
Cost of sales                      
Total cost of sales                 (46,488) (43,589) (41,889)
Severance and restructuring charges                 (96) 0 (80)
Gross profit                 7,274 6,371 5,401
Other income, net                 60 373 487
Operating profit 1,851 1,963 1,795 1,725 1,949 1,677 1,716 1,402 7,334 6,744 5,888
Interest expense                 (668) (651) (663)
Other non-operating expense, net                 (828) (847) (471)
Earnings from continuing operations before income taxes                 5,838 5,246 4,754
Income tax expense                 (792) (3,356) (1,093)
Net earnings from continuing operations         (817) 963 955 789 5,046 1,890 3,661
Net earnings from discontinued operations         73 0 0 0 0 73 1,512
Net earnings $ 1,253 $ 1,473 $ 1,163 $ 1,157 $ (744) $ 963 $ 955 $ 789 $ 5,046 $ 1,963 $ 5,173
Basic                      
Continuing operations (in dollars per share)         $ (2.85) $ 3.35 $ 3.31 $ 2.72 $ 17.74 $ 6.56 $ 12.23
Discontinued operations (in dollars per share)         0.25 0.00 0.00 0.00 0.00 0.26 5.05
Basic earnings per common share (in dollars per share) $ 4.43 $ 5.18 $ 4.08 $ 4.05 (2.60) 3.35 3.31 2.72 17.74 6.82 17.28
Diluted                      
Continuing operations (in dollars per share)         (2.85) 3.32 3.28 2.69 17.59 6.50 12.08
Discontinued operations (in dollars per share)         0.25 0.00 0.00 0.00 0.00 0.25 4.99
Diluted earnings per common share (in dollars per share) $ 4.39 $ 5.14 $ 4.05 $ 4.02 $ (2.60) $ 3.32 $ 3.28 $ 2.69 $ 17.59 $ 6.75 $ 17.07
Products                      
Net sales                      
Total net sales                 $ 45,005 $ 42,502 $ 40,081
Cost of sales                      
Total cost of sales                 (40,293) (38,417) (36,394)
Services                      
Net sales                      
Total net sales                 8,757 7,458 7,209
Cost of sales                      
Total cost of sales                 (7,738) (6,673) (6,423)
Other unallocated, net                      
Cost of sales                      
Total cost of sales                 $ 1,639 $ 1,501 $ 1,008