XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.3
(Loss) Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
(Loss) earnings per share (in millions, except share data):
Three Months EndedNine Months Ended
September 30,
2023		October 1,
2022		September 30,
2023		October 1,
2022
Basic:
Net (loss) income$(15)$170 $279 $277 
Weighted-average shares outstanding (1)
51,336,645 51,834,236 51,380,876 52,387,838 
Basic (loss) earnings per share$(0.28)$3.28 $5.44 $5.29 
Diluted:
Net (loss) income$(15)$170 $279 $277 
Weighted-average shares outstanding (1)
51,336,645 51,834,236 51,380,876 52,387,838 
Dilutive shares (2)
— 323,616 336,855 368,793 
Diluted weighted-average shares outstanding51,336,645 52,157,852 51,717,731 52,756,631 
Diluted (loss) earnings per share$(0.28)$3.26 $5.40 $5.25 

(1) In periods of a net loss, restricted stock and performance share awards, which are participating securities, are excluded from weighted-average shares outstanding.
(2) In periods of net loss, all unvested share-based awards were anti-dilutive and therefore excluded from diluted shares.