Earnings Per Share

9 Months Ended

Oct. 02, 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		Nine Months Ended
	October 2, 2020	September 27, 2019	October 2, 2020	September 27, 2019
	(in millions)
Basic weighted average number of shares outstanding	142	143	142	144
Dilutive common share equivalents—stock options and other stock awards	2	2	2	2
Diluted weighted average number of shares outstanding	144	145	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 the three and nine months ended October 2, 2020.