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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Revenues        
Revenues $ 6,316 $ 6,078 $ 12,441 $ 11,931
Costs and Operating Expenses:        
Selling, general and administrative expenses 1,565 1,542 3,093 3,057
Research and development expenses 246 242 494 476
Restructuring and other (income) costs, net (484) 17 (473) 62
Total costs and operating expenses 4,820 5,141 10,025 10,208
Operating Income 1,496 937 2,416 1,723
Other Expense, Net (103) (131) (206) (283)
Income Before Income Taxes 1,393 806 2,210 1,440
Provision for Income Taxes (274) (54) (276) (109)
Net Income $ 1,119 $ 752 $ 1,934 $ 1,331
Earnings per Share        
Basic (in dollars per share) $ 2.80 $ 1.87 $ 4.84 $ 3.31
Diluted (in dollars per share) $ 2.77 $ 1.85 $ 4.80 $ 3.28
Weighted Average Shares        
Basic (in shares) 400 403 400 402
Diluted (in shares) 403 406 403 406
Product [Member]        
Revenues        
Revenues $ 4,827 $ 4,708 $ 9,547 $ 9,236
Costs and Operating Expenses:        
Cost of revenues 2,478 2,390 4,892 4,715
Service [Member]        
Revenues        
Revenues 1,489 1,370 2,894 2,695
Costs and Operating Expenses:        
Cost of revenues $ 1,015 $ 950 $ 2,019 $ 1,898