Net Income Per Share

9 Months Ended

Sep. 01, 2023

Earnings Per Share [Abstract]

NET INCOME PER SHARE

NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share for the three and nine months ended September 1, 2023 and September 2, 2022:

	Three Months				Nine Months
(in millions, except per share data)	2023		2022		2023		2022
Net income	$	1,403	$	1,136	$	3,945	$	3,580
Shares used to compute basic net income per share	456.4		468.5		457.7		471.1
Dilutive potential common shares from stock plans and programs	3.1		0.9		1.5		1.6
Shares used to compute diluted net income per share	459.5		469.4		459.2		472.7
Basic net income per share	$	3.07	$	2.42	$	8.62	$	7.60
Diluted net income per share	$	3.05	$	2.42	$	8.59	$	7.57
Anti-dilutive potential common shares	0.5		5.0		3.5		3.5