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Consolidated Statement of Income (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jul. 02, 2011
Jul. 03, 2010
Revenues        
Product revenues $ 2,472.6 $ 2,249.0 $ 4,808.7 $ 4,531.4
Service revenues 424.8 346.7 810.1 691.2
Total revenues 2,897.4 2,595.7 5,618.8 5,222.6
Costs and Operating Expenses:        
Cost of product revenues 1,460.2 1,335.8 2,815.0 2,685.9
Cost of service revenues 271.0 211.0 517.3 421.4
Selling, general and administrative expenses 777.2 673.2 1,485.9 1,371.5
Research and development expenses 83.3 69.6 158.1 135.7
Restructuring and other costs, net 39.9 8.2 55.2 25.6
Total costs and operating expenses 2,631.6 2,297.8 5,031.5 4,640.1
Operating Income 265.8 297.9 587.3 582.5
Other Expense, Net (10.2) (36.8) (32.7) (61.7)
Income from Continuing Operations Before Provision for Income Taxes 255.6 261.1 554.6 520.8
Provision for Income Taxes (38.0) (32.4) (89.8) (67.5)
Income from Continuing Operations 217.6 228.7 464.8 453.3
Income from Discontinued Operations (net of income tax provision of $0.0, $5.5, $3.6 and $8.7) 0 8.6 5.5 13.8
Gain on Disposal of Discontinued Operations, Net (net of income tax provision of $191.2, $0.0, $190.9 and $1.5) 305.8 0 305.3 2.5
Net Income $ 523.4 $ 237.3 $ 775.6 $ 469.6
Earnings per Share from Continuing Operations        
Basic $ 0.57 $ 0.56 $ 1.21 $ 1.11
Diluted $ 0.56 $ 0.55 $ 1.19 $ 1.09
Earnings per Share        
Basic $ 1.37 $ 0.58 $ 2.01 $ 1.15
Diluted $ 1.36 $ 0.57 $ 1.99 $ 1.13
Weighted Average Shares        
Basic 381.9 409.3 385.3 409.4
Diluted 385.9 415.9 390.3 417.1