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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Revenues    
Product revenues $ 4,528 $ 4,102
Service revenues 1,325 663
Total revenues 5,853 4,765
Costs and Operating Expenses:    
Cost of product revenues 2,325 2,129
Cost of service revenues 948 443
Selling, general and administrative expenses 1,515 1,334
Research and development expenses 234 215
Restructuring and other costs, net 45 24
Total costs and operating expenses 5,067 4,145
Operating Income 786 620
Other Expense, Net (152) (117)
Income Before Income Taxes 634 503
(Provision for) Benefit from Income Taxes (55) 48
Net Income $ 579 $ 551
Earnings per Share    
Basic (in dollars per share) $ 1.44 $ 1.41
Diluted (in dollars per share) $ 1.43 $ 1.40
Weighted Average Shares    
Basic (in shares) 402 391
Diluted (in shares) 406 394
Cash Dividends Declared per Common Share (in dollars per share) $ 0.17 $ 0.15