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EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 27, 2025
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE
10. EARNINGS PER COMMON SHARE
Basic earnings per common share (“EPS”) is calculated based on the weighted average number of shares of common stock outstanding during the applicable period. Diluted EPS is calculated based on the weighted average number of shares of common stock outstanding plus potentially dilutive shares of common stock outstanding during the applicable period. The following table presents a reconciliation of the share amounts used in the computation of basic and diluted EPS:
 Three months endedNine months ended
(In millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024
Basic—weighted average common shares outstanding151.8151.2151.6150.8
Weighted average common shares assumed upon exercise of stock options and vesting of restricted common stock0.50.70.51.0
Diluted—weighted average common shares and common shares equivalent outstanding152.3151.9152.1151.8
The Company excluded the following shares underlying stock-based awards from the calculations of diluted EPS because their inclusion would have been anti-dilutive for the three and nine months ended September 27, 2025 and September 28, 2024:
 Three months endedNine months ended
(In millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024
Shares excluded from calculations of diluted EPS1.0 0.6 0.9 0.4