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Net Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Information Related to the Calculation of Net Earnings Per Common Share
Information related to the calculation of net earnings per common share from continuing operations is summarized as follows ($ and shares in millions, except per share amounts):
Three-Month Period EndedNine-Month Period Ended
September 30, 2022October 1, 2021September 30, 2022October 1, 2021
Numerator:
Net earnings from continuing operations
$1,572 $1,158 $4,977 $4,559 
MCPS dividends(21)(41)(84)(123)
Net earnings from continuing operations attributable to common stockholders for Basic EPS
1,551 1,117 4,893 4,436 
Adjustment for MCPS dividends for dilutive MCPS— — 20 59 
Net earnings from continuing operations attributable to common stockholders after assumed conversions for Diluted EPS
$1,551 $1,117 $4,913 $4,495 
Denominator:
Weighted average common shares outstanding used in Basic EPS728.5 715.1 723.8 714.3 
Incremental common shares from:
Assumed exercise of dilutive options and vesting of dilutive RSUs and PSUs8.9 11.9 9.2 11.0 
Assumed conversion of the convertible debentures— — — 0.1 
Weighted average MCPS converted shares— — 4.0 11.0 
Weighted average common shares outstanding used in Diluted EPS737.4 727.0 737.0 736.4 
Basic EPS from continuing operations
$2.13 $1.56 $6.76 $6.21 
Diluted EPS from continuing operations
$2.10 $1.54 $6.67 $6.10