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Net Income Per Share
6 Months Ended
Jul. 03, 2011
Net Income Per Share [Abstract]  
Net Income Per Share
11. Net Income Per Share
     The following table sets forth the computation of basic and diluted net income per share for the three and six months ended July 3, 2011 and July 4, 2010.
                                 
    Three months ended     Six months ended  
    July 3, 2011     July 4, 2010     July 3, 2011     July 4, 2010  
    (In thousands, except per share amounts)  
Numerator for basic net income per share:
                               
Net income
  $ 248,390     $ 257,894     $ 472,514     $ 492,585  
Denominator for basic net income per share:
                               
Weighted average common shares outstanding
    238,851       231,673       238,162       230,487  
 
                       
Basic net income per share
  $ 1.04     $ 1.11     $ 1.98     $ 2.14  
 
                       
 
                               
Numerator for diluted net income per share:
                               
Net income
  $ 248,390     $ 257,894     $ 472,514     $ 492,585  
Interest on the 1% Notes due 2035, net of tax
                      157  
 
                       
Net income for diluted net income per share
  $ 248,390     $ 257,894     $ 472,514     $ 492,742  
 
                       
Denominator for diluted net income per share:
                               
Weighted average common shares
    238,851       231,673       238,162       230,487  
Incremental common shares attributable to exercise of outstanding employee stock options and SARs (assuming proceeds would be used to purchase common stock), and RSUs
    5,011       8,128       5,556       7,294  
Effect of dilutive 1% Notes due 2035
                      785  
 
                       
Shares used in computing diluted net income per share
    243,862       239,801       243,718       238,566  
 
                       
Diluted net income per share
  $ 1.02     $ 1.08     $ 1.94     $ 2.07  
 
                       
 
                               
Anti-dilutive shares excluded from net income per share calculation
    73,623       34,405       72,898       38,434  
 
                       
     Basic earnings per share exclude any dilutive effects of stock options, SARs, RSUs, warrants and convertible debt. Diluted earnings per share include the dilutive effects of stock options, SARs and RSUs. In addition, diluted earnings per share for the six months ended July 4, 2010 includes the dilutive effect of the Company’s 1% Convertible Notes due 2035 (“1% Notes due 2035”), which were redeemed in the first quarter of fiscal year 2010. Certain common stock issuable under stock options, SARs, warrants, the 1% Notes due 2013 and the 1.5% Notes due 2017 have been omitted from the diluted net income per share calculation because their inclusion is considered anti-dilutive.