XML 38 R23.htm IDEA: XBRL DOCUMENT v3.22.4
Net Income Per Share
12 Months Ended
Dec. 02, 2022
Earnings Per Share [Abstract]  
NET INCOME PER SHARE NET INCOME PER SHARE
Basic net income per share is computed using the weighted average number of common shares outstanding for the period, excluding unvested restricted stock units and performance awards. Diluted net income per share is based upon the weighted average common shares outstanding for the period plus dilutive potential common shares, including unvested restricted stock units, stock purchase rights and performance share awards using the treasury stock method. Performance share awards are included based on the number of shares that would be issued as if the end of the reporting period was the end of the performance period and the result was dilutive.
The following table sets forth the computation of basic and diluted net income per share for fiscal 2022, 2021 and 2020:
(in millions, except per share data)202220212020
Net income$4,756 $4,822 $5,260 
Shares used to compute basic net income per share469.5 477.3 480.9 
Dilutive potential common shares from stock plans and programs1.4 3.7 4.6 
Shares used to compute diluted net income per share470.9 481.0 485.5 
Basic net income per share$10.13 $10.10 $10.94 
Diluted net income per share$10.10 $10.02 $10.83 
Anti-dilutive potential common shares4.2 0.2 0.5