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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 24, 2016
Calculation of Net Earnings (Loss) Per Common Share | The following table represents the calculation of net earnings (loss) per common share – basic and diluted:
|  | Third Quarter |  |  | Year-to-Date |
(In millions, except per share amounts) |  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Basic Earnings Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  | $ | 330 |  |  | $ | 42 |  |  | $ | 624 |  |  | $ | 60 |
Loss from discontinued operations, net of tax |  |  | (286 | ) |  |  | (36 | ) |  |  | (324 | ) |  |  | (67 | )
Net income (loss) |  | $ | 44 |  |  | $ | 6 |  |  | $ | 300 |  |  | $ | (7 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 535 |  |  |  | 548 |  |  |  | 545 |  |  |  | 546 |
Basic earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.62 |  |  | $ | 0.08 |  |  | $ | 1.15 |  |  | $ | 0.11 |
Discontinued operations |  |  | (0.54 | ) |  |  | (0.07 | ) |  |  | (0.60 | ) |  |  | (0.12 | )
Net earnings (loss) |  | $ | 0.08 |  |  | $ | 0.01 |  |  | $ | 0.55 |  |  | $ | (0.01 | )
Diluted Earnings Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  | $ | 330 |  |  | $ | 42 |  |  | $ | 624 |  |  | $ | 60 |
Loss from discontinued operations, net of tax |  |  | (286 | ) |  |  | (36 | ) |  |  | (324 | ) |  |  | (67 | )
Net income (loss) |  | $ | 44 |  |  | $ | 6 |  |  | $ | 300 |  |  | $ | (7 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 535 |  |  |  | 548 |  |  |  | 545 |  |  |  | 546 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock |  |  | 10 |  |  |  | 8 |  |  |  | 8 |  |  |  | 9 |
Diluted weighted-average shares outstanding |  |  | 545 |  |  |  | 556 |  |  |  | 553 |  |  |  | 555 |
Diluted earnings (loss) per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.61 |  |  | $ | 0.08 |  |  | $ | 1.13 |  |  | $ | 0.11 |
Discontinued operations |  |  | (0.54 | ) |  |  | (0.07 | ) |  |  | (0.60 | ) |  |  | (0.12 | )
Net earnings (loss) |  | $ | 0.08 |  |  | $ | 0.01 |  |  | $ | 0.54 |  |  | $ | (0.01 | )

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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