Earnings Per Share

6 Months Ended

Jul. 03, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Note 12–Earnings Per Share

The following table provides a reconciliation of the weighted average number of shares outstanding used to compute basic and diluted EPS for the periods presented:

	Three Months Ended		Six Months Ended
	July 3, 2020	June 28, 2019	July 3, 2020	June 28, 2019
	(in millions)
Basic weighted average number of shares outstanding	142	144	142	144
Dilutive common share equivalents—stock options and other stock awards	2	2	2	2
Diluted weighted average number of shares outstanding	144	146	144	146

Anti-dilutive stock-based awards are excluded from the weighted average number of shares outstanding used to compute diluted EPS. The total outstanding stock options and vesting stock awards that were anti-dilutive were 1 million for both the three and six months ended July 3, 2020, and the three and six months ended June 28, 2019.