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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 25, 2021
Income Statement [Abstract]      
Net sales $ 26,640 $ 26,485 $ 26,042
Cost of products sold 17,714 18,363 17,360
Gross profit 8,926 8,122 8,682 Close
Selling, general and administrative expenses, excluding impairment losses 3,692 3,575 3,588 Close
Goodwill impairment losses 510 444 318 Close
Intangible asset impairment losses 152 469 1,316 Close
Selling, general and administrative expenses 4,354 4,488 5,222 CloseClose
Total Operating Expenses 8708.0 8976.0 10444.0 0 0 Close
Operating income/(loss) 4,572 3,634 3,460 Close
Interest expense 912 921 2,047 Close
Total Other Income Expenses 939.0 668.0 1752.0 0.0 0 Close
Other expense/(income) 27 (253) (295) CloseCloseClose
Income/(loss) before income taxes 3,633 2,966 1,708 Close
Provision for/(benefit from) income taxes 787 598 684 Close
Net income/(loss) 2,846 2,368 1,024 Close
Net income/(loss) attributable to noncontrolling interest (9) 5 12
Net income/(loss) attributable to common shareholders $ 2,855 $ 2,363 $ 1,012
Per share data applicable to common shareholders:      
Basic earnings/(loss) per share (in dollars per share) $ 2.33 $ 1.93 $ 0.83
Diluted earnings/(loss) per share (in dollars per share) $ 2.31 $ 1.91 $ 0.82