Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.24.3
Earnings Per Share
 9 Months Ended
Sep. 28, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the components of basic and diluted earnings per share:
Three Months Ended Nine Months Ended
September 28,
2024		 September 30,
2023		 September 28,
2024		 September 30,
2023
(In millions, except per share amounts)
Numerator
Net income for basic earnings per share $ 771  $ 299  $ 1,159  $ 187 
Denominator
Basic weighted average shares 1,620  1,616  1,619  1,613 
Potentially dilutive shares from employee equity plans 16  13  19  12 
Diluted weighted average shares 1,636  1,629  1,638  1,625 
Earnings per share:
Basic $ 0.48  $ 0.18  $ 0.72  $ 0.12 
Diluted $ 0.47  $ 0.18  $ 0.71  $ 0.11 
Securities which would have been anti-dilutive are not material and are excluded from the computation of diluted earnings per share for all periods presented.