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Earnings Per Share (Tables)
6 Months Ended
Jun. 29, 2012
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
 
2012
2011
 
2012
2011
Numerator (Dollars in millions):
 
 
 
 
 
Net Earnings
$
512

$
506

 
$
961

$
901

 
 
 
 
 
 
Denominator (Units in millions):
 
 
 
 
 
Average Common Shares Outstanding
1,041

1,102

 
1,044

1,105

Other Potentially Dilutive Common Shares (a)
2

7

 
2

7

Average Common Shares Outstanding,
Assuming Dilution
1,043

1,109

 
1,046

1,112

 
 
 
 
 
 
Net Earnings Per Share, Basic
$
0.49

$
0.46

 
$
0.92

$
0.81

Net Earnings Per Share, Assuming Dilution
$
0.49

$
0.46

 
$
0.92

$
0.81


(a)
Other potentially dilutive common shares include convertible debt, stock options, common stock equivalents and performance units granted under a long-term management incentive compensation plan.