XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.10.0.1

EARNINGS PER SHARE | 9 Months Ended
--- | ---
Sep. 29, 2018
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 9. EARNINGS PER SHARE The following table represents the calculation of net earnings per common share – basic and diluted:
|  | Third Quarter |  |  | Year-to-Date |
(In millions, except per share amounts) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Basic Earnings Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  | $ | 60 |  |  | $ | 98 |  |  | $ | 113 |  |  | $ | 195 |
Income from discontinued operations, net of tax |  |  | — |  |  |  | (6 | ) |  |  | 5 |  |  |  | 38 |
Net income |  | $ | 60 |  |  | $ | 92 |  |  | $ | 118 |  |  | $ | 233 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 551 |  |  |  | 518 |  |  |  | 555 |  |  |  | 517 |
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.11 |  |  | $ | 0.19 |  |  | $ | 0.20 |  |  | $ | 0.38 |
Discontinued operations |  |  | — |  |  |  | (0.01 | ) |  |  | 0.01 |  |  |  | 0.07 |
Net earnings per share |  | $ | 0.11 |  |  | $ | 0.18 |  |  | $ | 0.21 |  |  | $ | 0.45 |
Diluted Earnings Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  | $ | 60 |  |  | $ | 98 |  |  | $ | 113 |  |  | $ | 195 |
Income from discontinued operations, net of tax |  |  | — |  |  |  | (6 | ) |  |  | 5 |  |  |  | 38 |
Net income |  | $ | 60 |  |  | $ | 92 |  |  | $ | 118 |  |  | $ | 233 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 551 |  |  |  | 518 |  |  |  | 555 |  |  |  | 517 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock |  |  | 13 |  |  |  | 13 |  |  |  | 9 |  |  |  | 15 |
Diluted weighted-average shares outstanding |  |  | 564 |  |  |  | 531 |  |  |  | 564 |  |  |  | 532 |
Diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 0.11 |  |  | $ | 0.19 |  |  | $ | 0.20 |  |  | $ | 0.37 |
Discontinued operations |  |  | — |  |  |  | (0.01 | ) |  |  | 0.01 |  |  |  | 0.07 |
Net diluted earnings per share |  | $ | 0.11 |  |  | $ | 0.17 |  |  | $ | 0.21 |  |  | $ | 0.44 |
Awards of stock options and nonvested shares representing approximately 6 million and 7 million additional shares of common stock were outstanding for the third quarter and year-to-date 2018, respectively, and approximately 4 million for the third quarter and year-to-date 2017, but were not included in the computation of diluted weighted-average shares outstanding because their effect would have been antidilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration