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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, 2022April 4, 2021
Basic net earnings per share $1.96 2.35 
Average shares outstanding — basic2,629.2 2,631.6 
Potential shares exercisable under stock option plans140.1 128.4 
Less: shares which could be repurchased under treasury stock method(102.8)(87.3)
Average shares outstanding — diluted2,666.5 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.