XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Jul. 01, 2017
Jul. 02, 2016
Revenues        
Product revenues $ 4,298.1 $ 3,896.1 $ 8,400.2 $ 7,586.5
Service revenues 691.9 639.1 1,354.8 1,243.5
Total revenues 4,990.0 4,535.2 9,755.0 8,830.0
Costs and Operating Expenses:        
Cost of product revenues 2,244.4 2,039.3 4,374.0 3,972.9
Cost of service revenues 462.5 417.4 905.4 820.7
Selling, general and administrative expenses 1,287.5 1,223.1 2,618.7 2,436.0
Research and development expenses 221.6 182.4 437.0 358.9
Restructuring and other costs, net 22.5 35.4 46.0 86.0
Total costs and operating expenses 4,238.5 3,897.6 8,381.1 7,674.5
Operating Income 751.5 637.6 1,373.9 1,155.5
Other Expense, Net (125.9) (116.5) (245.4) (211.4)
Income from Continuing Operations Before Income Taxes 625.6 521.1 1,128.5 944.1
(Provision for) Benefit from Income Taxes (13.4) (4.3) 35.1 (25.0)
Income from Continuing Operations 612.2 516.8 1,163.6 919.1
Loss from Discontinued Operations (net of income tax benefit of $0.3, $0.1, $0.3 and $0.2) (0.6) (0.2) (0.6) (0.3)
Net Income $ 611.6 $ 516.6 $ 1,163.0 $ 918.8
Earnings per Share from Continuing Operations        
Basic (in dollars per share) $ 1.57 $ 1.31 $ 2.98 $ 2.33
Diluted (in dollars per share) 1.56 1.30 2.96 2.31
Earnings per Share        
Basic (in dollars per share) 1.57 1.31 2.98 2.33
Diluted (in dollars per share) $ 1.56 $ 1.30 $ 2.95 $ 2.31
Weighted Average Shares        
Basic (in shares) 390.0 393.9 390.5 394.9
Diluted (in shares) 393.3 396.7 393.7 397.7
Cash Dividends Declared per Common Share (in dollars per share) $ 0.15 $ 0.15 $ 0.3 $ 0.3