Earnings Per Share (Tables)

6 Months Ended

Jun. 25, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Common Share, Basic and Diluted

Our earnings per common share (“EPS”) were:

	For the Three Months Ended				For the Six Months Ended
	June 25, 2022		June 26, 2021		June 25, 2022		June 26, 2021
	(in millions, except per share data)
Basic Earnings Per Common Share:
Net income/(loss) attributable to common shareholders	$	265	$	(27)	$	1,041	$	536
Weighted average shares of common stock outstanding	1,225		1,224		1,225		1,223
Net earnings/(loss)	$	0.22	$	(0.02)	$	0.85	$	0.44
Diluted Earnings Per Common Share:
Net income/(loss) attributable to common shareholders	$	265	$	(27)	$	1,041	$	536
Weighted average shares of common stock outstanding	1,225		1,224		1,225		1,223
Effect of dilutive equity awards	10		—		10		12
Weighted average shares of common stock outstanding, including dilutive effect	1,235		1,224		1,235		1,235
Net earnings/(loss)	$	0.21	$	(0.02)	$	0.84	$	0.43