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EARNINGS PER COMMON SHARE
3 Months Ended
Mar. 27, 2016
EARNINGS PER COMMON SHARE

NOTE 2 – 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
      March 27,
2016
  

March 29,  

2015  

Weighted average common shares outstanding for basic computations

   304.5    315.4  

Weighted average dilutive effect of equity awards

       3.3        4.8  

Weighted average common shares outstanding for diluted computations

   307.8    320.2  

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 exercise of outstanding stock options based on the treasury stock method. There were no anti-dilutive equity awards during the quarters ended March 27, 2016 or March 29, 2015.