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CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 5,243 $ 4,778
Cost of sales 1,910 1,762
Gross profit 3,333 3,016 Close
Research, development and engineering expenses 368 339
Selling, general and administrative expenses 1,840 1,781
Amortization of intangible assets 153 161
Total operating expenses 2,361 2,281 Close
Operating income 972 735 Close
Other income (expense), net (49) (56) Close
Earnings before income taxes 923 679 Close
Income taxes 135 87 Close
Net earnings $ 788 $ 592 Close
Net earnings per share of common stock:    
Basic (in dollars per share) $ 2.07 $ 1.56
Diluted (in dollars per share) $ 2.05 $ 1.54
Weighted-average shares outstanding (in millions):    
Basic (in shares) 380.4 379.0
Effect of dilutive employee stock compensation (in shares) 4.7 4.2
Diluted (in shares) 385.1 383.2
Cash dividends declared per share of common stock (in dollars per share) $ 0.80 $ 0.75