XML 21 R10.htm IDEA: XBRL DOCUMENT v3.24.2
EARNINGS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The weighted average number of shares outstanding used to compute earnings per common share were as follows (in millions):
 Quarters EndedSix Months Ended
June 30,
2024		June 25,
2023		June 30,
2024		June 25,
2023
Weighted average common shares outstanding for basic computations238.9 252.8 239.8 253.7 
Weighted average dilutive effect of equity awards
0.7 0.8 0.8 0.9 
Weighted average common shares outstanding for diluted computations
239.6 253.6 240.6 254.6 
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 (RSUs) and performance stock units (PSUs) based on the treasury stock method. There were no significant anti-dilutive equity awards during the quarters and six months ended June 30, 2024 and June 25, 2023. Basic and diluted weighted average common shares outstanding decreased in 2024 compared to 2023 due to share repurchases. See “Note 9 - Stockholders’ Equity” for more information.