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EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 27, 2015
EARNINGS PER COMMON SHARE

NOTE 3 – EARNINGS PER COMMON SHARE

The weighted average number of shares outstanding used to compute earnings per common share were as follows (in millions):

 

     Quarters Ended      Nine Months Ended  
       September 27,
2015		      September 28,
2014		      September 27,
2015		      September 28, 
2014		  

Weighted average common shares outstanding for basic computations

      308.4                  316.3                 311.9                 317.4            

Weighted average dilutive effect of equity awards

 

      4.3                  5.5                 4.4                 5.6            

Weighted average common shares outstanding for diluted computations

      312.7                  321.8                 316.3              

 

 

 

323.0         

 

  

We compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented. Our calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units and performance stock units as well as exercise of outstanding stock options based on the treasury stock method. There were no anti-dilutive equity awards for the quarters and nine months ended September 27, 2015 and September 28, 2014.