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Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 26, 2016
Jun. 28, 2015
Jun. 26, 2016
Jun. 28, 2015
Net sales        
Products $ 10,045 $ 9,157 $ 18,989 $ 17,010
Services 2,869 2,486 5,627 4,744
Total net sales 12,914 11,643 24,616 21,754
Cost of sales        
Products (9,086) (8,102) (17,178) (15,053)
Services (2,548) (2,216) (5,011) (4,167)
Severance charges     (99)  
Other unallocated, net 144 46 331 100
Total cost of sales (11,490) (10,272) (21,957) (19,120)
Gross profit 1,424 1,371 2,659 2,634
Other income, net 142 74 204 167
Operating profit 1,566 1,445 2,863 2,801
Interest expense (166) (104) (330) (197)
Other non-operating income, net   2 1 5
Earnings before income taxes 1,400 1,343 2,534 2,609
Income tax expense (379) (414) (615) (802)
Net earnings $ 1,021 $ 929 $ 1,919 $ 1,807
Earnings per common share        
Basic earnings per common share in USD $ 3.37 $ 2.98 $ 6.32 $ 5.76
Diluted earnings per common share in USD 3.32 2.94 6.23 5.68
Cash dividends paid per common share in USD $ 1.65 $ 1.50 $ 3.30 $ 3.00