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EARNINGS (LOSS) PER SHARE | 6 Months Ended
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Jun. 29, 2019
Earnings Per Share [Abstract] |
EARNINGS (LOSS) PER SHARE | NOTE 7. EARNINGS (LOSS) PER SHARE The following table represents the calculation of net earnings (loss) per common share – basic and diluted:
|  | Second Quarter |  |  | First Half |
(In millions, except per share amounts) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Basic Earnings (Loss) Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) from continuing operations |  | $ | (24 | ) |  | $ | 19 |  |  | $ | (16 | ) |  | $ | 52 |
Income (loss) from discontinued operations, net of tax |  |  | — |  |  |  | (3 | ) |  |  | — |  |  |  | 5 |
Net income (loss) |  | $ | (24 | ) |  | $ | 16 |  |  | $ | (16 | ) |  | $ | 57 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 546 |  |  |  | 557 |  |  |  | 544 |  |  |  | 556 |
Basic earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | (0.04 | ) |  | $ | 0.03 |  |  | $ | (0.03 | ) |  | $ | 0.09 |
Discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.01 |
Net earnings (loss) per share |  | $ | (0.04 | ) |  | $ | 0.03 |  |  | $ | (0.03 | ) |  | $ | 0.10 |
Diluted Earnings (Loss) Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) from continuing operations |  | $ | (24 | ) |  | $ | 19 |  |  | $ | (16 | ) |  | $ | 52 |
Income (loss) from discontinued operations, net of tax |  |  | — |  |  |  | (3 | ) |  |  | — |  |  |  | 5 |
Net income (loss) |  | $ | (24 | ) |  | $ | 16 |  |  | $ | (16 | ) |  | $ | 57 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 546 |  |  |  | 557 |  |  |  | 544 |  |  |  | 556 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock |  |  | 3 |  |  |  | 8 |  |  |  | 8 |  |  |  | 8 |
Diluted weighted-average shares outstanding |  |  | 549 |  |  |  | 565 |  |  |  | 552 |  |  |  | 564 |
Diluted earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | (0.04 | ) |  | $ | 0.03 |  |  | $ | (0.03 | ) |  | $ | 0.09 |
Discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.01 |
Net diluted earnings (loss) per share |  | $ | (0.04 | ) |  | $ | 0.03 |  |  | $ | (0.03 | ) |  | $ | 0.10 |
Awards of stock options and nonvested shares representing approximately 10 million and 8 million additional shares of common stock were outstanding for the second quarter and first half of 2019, respectively, and approximately 7 million for the second quarter and first half of 2018, but were not included in the computation of diluted weighted-average shares outstanding because their effect would have been antidilutive.

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- 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
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