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Earnings Per Share
12 Months Ended
Jan. 01, 2023
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 for the fiscal years ended January 1, 2023, January 2, 2022 and January 3, 2021:
(In Millions Except Per Share Amounts)202220212020
Basic net earnings per share$6.83 7.93 5.59 
Average shares outstanding — basic2,625.2 2,632.1 2,632.8 
Potential shares exercisable under stock option plans140.1 138.0 118.3 
Less: shares repurchased under treasury stock method(101.4)(96.1)(80.4)
Adjusted average shares outstanding — diluted2,663.9 2,674.0 2,670.7 
Diluted net earnings per share$6.73 7.81 5.51 

The diluted net earnings per share calculation for the fiscal years 2022 and 2021 included all shares related to stock options, as the exercise price of these options was less than the average market value of the Company's stock.
The diluted net earnings per share calculation for fiscal year 2020 excluded 18 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.