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Net Earnings Per Common Share (Tables)
9 Months Ended
Sep. 29, 2023
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 is summarized as follows ($ and shares in millions, except per share amounts):
Three-Month Period EndedNine-Month Period Ended
September 29, 2023September 30, 2022September 29, 2023September 30, 2022
Numerator:
Net earnings
$1,129 $1,572 $3,685 $4,977 
MCPS dividends— (21)(21)(84)
Net earnings attributable to common stockholders for Basic EPS
1,129 1,551 3,664 4,893 
Adjustment for MCPS dividends for dilutive MCPS— — — 20 
Net earnings attributable to common stockholders after assumed conversions for Diluted EPS
$1,129 $1,551 $3,664 $4,913 
Denominator:
Weighted average common shares outstanding used in Basic EPS739.4 728.5 735.4 723.8 
Incremental common shares from:
Assumed exercise of dilutive options and vesting of dilutive restricted stock units (“RSUs”) and performance stock units (“PSUs”)6.5 8.9 6.7 9.2 
Weighted average MCPS converted shares— — — 4.0 
Weighted average common shares outstanding used in Diluted EPS745.9 737.4 742.1 737.0 
Basic EPS
$1.53 $2.13 $4.98 $6.76 
Diluted EPS
$1.51 $2.10 $4.94 $6.67