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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 01, 2016
Sep. 26, 2015
Oct. 01, 2016
Sep. 26, 2015
Revenues        
Product revenues $ 3,866.5 $ 3,570.3 $ 11,453.0 $ 10,635.1
Service revenues 624.4 552.9 1,867.9 1,677.8
Total revenues 4,490.9 4,123.2 13,320.9 12,312.9
Costs and Operating Expenses:        
Cost of product revenues 2,024.3 1,853.9 5,997.2 5,481.7
Cost of service revenues 412.7 386.0 1,233.4 1,183.6
Selling, general and administrative expenses 1,274.6 1,133.3 3,710.6 3,421.7
Research and development expenses 183.3 171.6 542.2 512.0
Restructuring and other costs, net 54.9 15.5 140.9 67.9
Total costs and operating expenses 3,949.8 3,560.3 11,624.3 10,666.9
Operating Income 541.1 562.9 1,696.6 1,646.0
Other Expense, Net (113.2) (94.8) (324.6) (292.3)
Income from Continuing Operations Before Income Taxes 427.9 468.1 1,372.0 1,353.7
Benefit from Income Taxes 45.6 9.2 20.6 20.3
Income from Continuing Operations 473.5 477.3 1,392.6 1,374.0
Loss from Discontinued Operations (net of income tax benefit of $0.0, $0.7, $0.2 and $0.7) 0.0 (1.2) (0.3) (1.2)
Net Income $ 473.5 $ 476.1 $ 1,392.3 $ 1,372.8
Earnings per Share from Continuing Operations        
Basic (in dollars per share) $ 1.20 $ 1.20 $ 3.53 $ 3.45
Diluted (in dollars per share) 1.19 1.19 3.50 3.42
Earnings per Share        
Basic (in dollars per share) 1.20 1.19 3.53 3.45
Diluted (in dollars per share) $ 1.19 $ 1.18 $ 3.50 $ 3.42
Weighted Average Shares        
Basic (in shares) 394.7 399.0 394.8 398.4
Diluted (in shares) 397.4 402.0 397.6 401.7
Cash Dividends Declared per Common Share (in dollars per share) $ 0.15 $ 0.15 $ 0.45 $ 0.45