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Condensed Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 9,964 $ 9,747 CloseClose
Cost of products sold, excluding amortization of intangible assets 4,463 4,331
Amortization of intangible assets 472 491
Research and development 684 654
Selling, general and administrative 2,959 2,762
Total operating cost and expenses 8,578 8,238 CloseClose
Operating earnings 1,386 1,509 CloseClose
Interest expense 141 153 Close
Interest (income) (80) (101) Close
Net foreign exchange (gain) loss 0 6 Close
Other (income) expense, net (111) (111) CloseCloseClose
Total Other Income Expenses -50.0 -53.0 0.0 0.0 0 Close
Earnings before taxes 1,436 1,562 CloseCloseClose
Taxes on earnings 211 244 CloseClose
Net Earnings $ 1,225 $ 1,318 CloseClose
Basic Earnings Per Common Share (in dollars per share) $ 0.70 $ 0.75
Diluted Earnings Per Common Share (in dollars per share) $ 0.70 $ 0.75
Average Number of Common Shares Outstanding Used for Basic Earnings Per Common Share (in shares) 1,740,203 1,741,738
Dilutive Common Stock Options (in shares) 9,449 9,977
Average Number of Common Shares Outstanding Plus Dilutive Common Stock Options (in shares) 1,749,652 1,751,715
Outstanding Common Stock Options Having No Dilutive Effect (in shares) 6,892 7,332