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Earnings Per Share
 3 Months Ended
Mar. 29, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic net earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed by dividing net income by the weighted average number of diluted common shares outstanding. Diluted common shares outstanding is computed using the Treasury Stock method and, in periods of income, reflects the additional shares that would be outstanding if dilutive share-based compensation awards were converted into common shares during the period.

Earnings per share (in millions, except share data):
Three Months Ended
March 29,
2025		March 30,
2024
Basic:
Net income$136 $115 
Weighted-average shares outstanding51,365,011 51,387,570 
Basic earnings per share$2.64 $2.24 
Diluted:
Net income$136 $115 
Weighted-average shares outstanding51,365,011 51,387,570 
Dilutive shares441,539 402,931 
Diluted weighted-average shares outstanding51,806,550 51,790,501 
Diluted earnings per share$2.62 $2.23 

Anti-dilutive share-based compensation awards are excluded from diluted earnings per share calculations. There were 52,843 and 18,095 shares that were anti-dilutive for the three months ended March 29, 2025 and March 30, 2024, respectively.