Net Earnings Per Common Share (Tables)

3 Months Ended

Mar. 29, 2024

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 Ended
	March 29, 2024		March 31, 2023
Numerator:
Net earnings from continuing operations	$	1,088	$	1,240
MCPS dividends	—		(21)
Net earnings from continuing operations attributable to common stockholders for Basic and Diluted EPS	$	1,088	$	1,219
Denominator:
Weighted average common shares outstanding used in Basic EPS	740.6		729.4
Incremental common shares from:
Assumed exercise of dilutive options and vesting of dilutive restricted stock units (“RSUs”) and performance stock units (“PSUs”)	8.0		7.8
Weighted average common shares outstanding used in Diluted EPS	748.6		737.2
Basic EPS from continuing operations	$	1.47	$	1.67
Diluted EPS from continuing operations	$	1.45	$	1.65