Financial Summary (All financials)
| In millions, except per share items | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Jan-02-16 | Jan-03-15 |
| Revenues | 14,181.0 | 13,770.0 | 13,578.0 | 13,547.0 | 12,854.0 | 12,965.0 | 13,525.0 | 14,580.0 |
| Revenue growth | 3.0% | 1.4% | 0.2% | 5.4% | -0.9% | -4.1% | -7.2% | -1.4% |
| Cost of goods sold | 9,621.0 | 9,043.0 | 9,197.0 | 8,821.0 | 8,155.0 | 8,131.0 | 8,844.0 | 9,517.0 |
| Gross profit | 4,560.0 | 4,727.0 | 4,381.0 | 4,726.0 | 4,699.0 | 4,834.0 | 4,681.0 | 5,063.0 |
| Gross margin | 32.2% | 34.3% | 32.3% | 34.9% | 36.6% | 37.3% | 34.6% | 34.7% |
| Selling, general and administrative | 2,808.0 | 2,966.0 | 2,980.0 | 3,020.0 | 3,312.0 | 3,351.0 | 3,590.0 | 4,039.0 |
| EBIT | 1,782.0 | 1,776.0 | 1,507.0 | 2,045.0 | 1,657.0 | 1,809.0 | 1,414.0 | 1,316.0 |
| EBIT margin | 12.6% | 12.9% | 11.1% | 15.1% | 12.9% | 14.0% | 10.5% | 9.0% |
| Pre-tax income | 1,966.0 | 1,601.0 | 1,305.0 | 1,329.0 | 1,657.0 | 934.0 | 773.0 | 825.0 |
| Income taxes | 474.0 | 323.0 | 321.0 | 181.0 | 410.0 | 235.0 | 159.0 | 186.0 |
| Tax rate | 24.1% | 20.2% | 24.6% | 13.6% | 24.7% | 25.2% | 20.6% | 22.5% |
| Net income | 1,488.0 | 1,251.0 | 960.0 | 1,336.0 | 1,254.0 | 699.0 | 614.0 | 632.0 |
| Net margin | 10.5% | 9.1% | 7.1% | 9.9% | 9.8% | 5.4% | 4.5% | 4.3% |
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| Diluted EPS | $4.33 | $3.63 | $2.80 | $3.83 | $3.58 | $1.97 | $1.72 | $1.76 |
| Shares outstanding (diluted) | 343.6 | 344.6 | 342.9 | 348.8 | 350.3 | 354.0 | 356.0 | 360.0 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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