Note K — Income From Continuing Operations Per Share

The computations of income from continuing operations per common share are as follows:



	Quarter Ended					Two Quarters Ended
	December 28, 2018		December 29, 2017			December 28, 2018			December 29, 2017

	(In millions, except per share amounts)
Income from continuing operations	$	225	$	131		$	441		$	296
Adjustments for participating securities outstanding	—		(1		)	(1		)	(1		)
Income from continuing operations used in per basic and diluted common share calculations (A)	$	225	$	130		$	440		$	295

Basic weighted average common shares outstanding (B)	117.7		118.5			117.8			118.8
Impact of dilutive share-based awards	2.3		2.4			2.5			2.3
Diluted weighted average common shares outstanding (C)	120.0		120.9			120.3			121.1
Income from continuing operations per basic common share (A)/(B)	$	1.91	$	1.10		$	3.74		$	2.49
Income from continuing operations per diluted common share (A)/(C)	$	1.88	$	1.08		$	3.66		$	2.44

Potential dilutive common shares primarily consist of employee stock options and restricted and performance unit awards. Income from continuing operations per diluted common share excludes the antidilutive impact of 399,243 and 279,705 weighted average share-based awards outstanding for the quarter and two quarters ended December 28, 2018, respectively, and 222 and 81,496 weighted average share-based awards outstanding for the quarter and two quarters ended December 29, 2017, respectively.