EARNINGS PER SHARE ("EPS")

3 Months Ended

Apr. 03, 2026

Earnings Per Share [Abstract]

EARNINGS PER SHARE ("EPS")

NOTE B: EARNINGS PER SHARE (“EPS”)

EPS is calculated as net income attributable to common shareholders divided by our weighted-average number of basic or diluted common shares outstanding. Potential dilutive common shares primarily consist of employee stock options, restricted stock units (“RSUs”) and performance share units (“PSUs”).

The weighted-average number of shares outstanding used to compute basic and diluted EPS are as follows:

	First Quarter
(In millions)	2026	2025
Basic weighted-average common shares outstanding	186.8	188.5
Impact of dilutive share-based awards	1.3	0.6
Diluted weighted-average common shares outstanding	188.1	189.1

Anti-dilutive share-based awards excluded from diluted EPS were 0.1 million and 1.0 million for first quarter 2026 and 2025, respectively.