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Earnings Per Share (Tables)
6 Months Ended
Jul. 01, 2011
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic earnings per share and earnings per share, assuming dilution:
 
Second Quarters
Six Months
 
2011
2010
2011
2010
Numerator (Dollars in millions):
 
 
 
 
Net Earnings
$
506


$
414


$
901


$
719


 
 
 
 
 
Denominator (Units in millions):
 
 
 
 
Average Common Shares Outstanding
1,102


1,149


1,105


1,161


Other Potentially Dilutive Common Shares (a)
7


10


7


10


Average Common Shares Outstanding, Assuming Dilution
1,109


1,159


1,112


1,171


 
 
 
 
 
Net Earnings Per Share, Basic
$
0.46


$
0.36


$
0.81


$
0.62


Net Earnings Per Share, Assuming Dilution
$
0.46


$
0.36


$
0.81


$
0.61




(a)
Other potentially dilutive common shares include convertible debt, stock options, common stock equivalents and performance units granted under a management incentive compen