Earnings Per Share

6 Months Ended

Jun. 27, 2026

The following table sets forth the components of basic and diluted earnings per share:


	Three Months Ended				Six Months Ended
	June 27, 2026		June 28, 2025		June 27, 2026		June 28, 2025
	(In millions, except per share amounts)
Numerator
Income from continuing operations	$	2,305	$	768	$	3,677	$	1,477
Income (loss) from discontinued operations	(8)		104		3		104
Net income	$	2,297	$	872	$	3,680	$	1,581

Denominator
Basic weighted average shares	1,632		1,623		1,631		1,621
Potentially dilutive shares from employee equity plans	27		7		24		7
Diluted weighted average shares	1,659		1,630		1,655		1,628

Earnings per share:
Basic earnings from continuing operations	$	1.41	$	0.47	$	2.25	$	0.91
Basic earnings (loss) from discontinued operations	(0.01)		0.07		0.01		0.07
Basic earnings per share	$	1.40	$	0.54	$	2.26	$	0.98

Diluted earnings from continuing operations	$	1.39	$	0.47	$	2.22	$	0.91
Diluted earnings (loss) from discontinued operations	(0.01)		0.07		—		0.06
Diluted earnings per share	$	1.38	$	0.54	$	2.22	$	0.97

Securities which would have been anti-dilutive are not material and are excluded from the computation of diluted earnings per share for all periods presented.