Earnings Per Share (Tables)

9 Months Ended

Oct. 01, 2023

The following is a reconciliation of basic net earnings per share to diluted net earnings per share:


	Fiscal Third Quarter Ended			Fiscal Nine Months Ended
(Shares in Millions)	October 1, 2023		October 2, 2022	October 1, 2023	October 2, 2022
Basic net earnings per share from continuing operations	$	1.71	1.64	3.57	5.00
Basic net earnings per share from discontinued operations	8.61		0.06	8.51	0.49
Total net earnings per share - basic	10.32		1.70	12.08	5.49
Average shares outstanding — basic	2,522.9		2,627.9	2,575.6	2,628.9
Potential shares exercisable under stock option plans	119.2		140.1	96.9	141.1
Less: shares which could be repurchased under treasury stock method	(92.4)		(106.7)	(69.1)	(102.5)

Average shares outstanding — diluted	2,549.7		2,661.3	2,603.4	2,667.5
Diluted net earnings per share from continuing operations	1.69		1.62	3.53	4.93
Diluted net earnings per share from discontinuing operations	8.52		0.06	8.42	0.48
Total net earnings per share - diluted	$	10.21	1.68	11.95	5.41