XML 35 R17.htm IDEA: XBRL DOCUMENT
v3.22.1

Earnings Per Share | 3 Months Ended
--- | ---
Apr. 03, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE The following is a reconciliation of basic net earnings per share to diluted net earnings per share:
|  | Fiscal First Quarter Ended |  |
(Shares in Millions) |  | April 3, 2022 |  | April 4, 2021 |  |  |  |
Basic net earnings per share |  | $ | 1.96 |  |  | 2.35 |  |  |  |  |
Average shares outstanding — basic |  | 2,629.2 |  |  | 2,631.6 |  |  |  |  |
Potential shares exercisable under stock option plans |  | 140.1 |  |  | 128.4 |  |  |  |  |
Less: shares which could be repurchased under treasury stock method |  | (102.8) |  |  | (87.3) |  |  |  |  |
Average shares outstanding — diluted |  | 2,666.5 |  |  | 2,672.7 |  |  |  |  |
Diluted net earnings per share |  | $ | 1.93 |  |  | 2.32 |  |  |  |  |
The diluted net earnings per share calculation for the fiscal first quarter ended April 3, 2022 included all shares related to stock options, as the exercise price of all options was less than the average market value of the Company’s stock. The diluted net earnings per share calculation for the fiscal first quarter ended April 4, 2021 excluded 9 million shares related to stock options, as the exercise price of these options was greater than the average market value of the Company's stock.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration