XML 51 R37.htm IDEA: XBRL DOCUMENT v3.20.2
Net Earnings Per Common Share From Continuing Operations (Tables)
 6 Months Ended
Jul. 03, 2020
Earnings Per Share [Abstract]  
Components Of Basic And Diluted Earnings Per Share
Information related to the calculation of net earnings from continuing operations per common share is summarized as follows ($ and shares in millions, except per share amounts):
 
Three-Month Period Ended
 
Six-Month Period Ended
 
July 3, 2020
 
June 28, 2019
 
July 3, 2020
 
June 28, 2019
Numerator:
 
 
 
 
 
 
 
Net earnings from continuing operations
$
927.3

 
$
676.4

 
$
1,522.4

 
$
1,008.7

MCPS dividends
(34.6
)
 
(22.7
)
 
(54.2
)
 
(29.2
)
Net earnings from continuing operations attributable to common stockholders for Basic EPS
892.7

 
653.7


1,468.2


979.5

Adjustment for interest on convertible debentures
0.3

 
0.5

 
0.6

 
1.0

Net earnings from continuing operations attributable to common stockholders after assumed conversions for Diluted EPS
$
893.0

 
$
654.2


$
1,468.8


$
980.5

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding used in Basic EPS
705.1

 
717.6

 
701.1

 
712.6

Incremental common shares from:
 
 
 
 
 
 
 
Assumed exercise of dilutive options and vesting of dilutive RSUs and PSUs
12.0

 
8.8

 
10.8

 
8.8

Assumed conversion of the convertible debentures
1.1

 
1.5

 
1.2

 
1.8

Weighted average common shares outstanding used in Diluted EPS
718.2

 
727.9

 
713.1

 
723.2

 
 
 
 
 
 
 
 
Basic EPS from continuing operations
$
1.27

 
$
0.91


$
2.09


$
1.37

Diluted EPS from continuing operations
$
1.24

 
$
0.90

 
$
2.06

 
$
1.36