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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Revenues        
Product revenues $ 4,232.0 $ 3,866.5 $ 12,632.2 $ 11,453.0
Service revenues 884.2 624.4 2,239.0 1,867.9
Total revenues 5,116.2 4,490.9 14,871.2 13,320.9
Costs and Operating Expenses:        
Cost of product revenues 2,173.7 2,024.3 6,547.7 5,997.2
Cost of service revenues 642.3 412.7 1,547.7 1,233.4
Selling, general and administrative expenses 1,396.8 1,274.6 4,015.5 3,710.6
Research and development expenses 218.1 183.3 655.1 542.2
Restructuring and other costs, net 49.1 54.9 95.1 140.9
Total costs and operating expenses 4,480.0 3,949.8 12,861.1 11,624.3
Operating Income 636.2 541.1 2,010.1 1,696.6
Other Expense, Net (155.6) (113.2) (401.0) (324.6)
Income from Continuing Operations Before Income Taxes 480.6 427.9 1,609.1 1,372.0
Benefit from Income Taxes 53.3 45.6 88.4 20.6
Income from Continuing Operations 533.9 473.5 1,697.5 1,392.6
Loss from Discontinued Operations (net of income tax benefit of $0.0, $0.0, $0.3 and $0.2) 0.0 0.0 (0.6) (0.3)
Net Income $ 533.9 $ 473.5 $ 1,696.9 $ 1,392.3
Earnings per Share from Continuing Operations        
Basic (in dollars per share) $ 1.35 $ 1.20 $ 4.33 $ 3.53
Diluted (in dollars per share) 1.34 1.19 4.29 3.50
Earnings per Share        
Basic (in dollars per share) 1.35 1.20 4.32 3.53
Diluted (in dollars per share) $ 1.34 $ 1.19 $ 4.29 $ 3.50
Weighted Average Shares        
Basic (in shares) 396.2 394.7 392.4 394.8
Diluted (in shares) 399.6 397.4 395.6 397.6
Cash Dividends Declared per Common Share (in dollars per share) $ 0.15 $ 0.15 $ 0.45 $ 0.45