Earnings Per Share (Tables)

12 Months Ended

Jan. 02, 2022

Earnings Per Share [Abstract]

Reconciliation of Basic Net Earnings per Share to Diluted Net Earnings per Share

The following is a reconciliation of basic net earnings per share to diluted net earnings per share for the fiscal years ended January 2, 2022, January 3, 2021 and December 29, 2019:

(In Millions Except Per Share Amounts)	2021		2020	2019
Basic net earnings per share	$	7.93	5.59	5.72
Average shares outstanding — basic	2,632.1		2,632.8	2,645.1
Potential shares exercisable under stock option plans	138.0		118.3	136.3
Less: shares repurchased under treasury stock method	(96.1)		(80.4)	(97.8)
Convertible debt shares	—		—	0.7
Adjusted average shares outstanding — diluted	2,674.0		2,670.7	2,684.3
Diluted net earnings per share	$	7.81	5.51	5.63