Earnings Per Share (Tables)

6 Months Ended

Jul. 02, 2017

Earnings Per Share [Abstract]

Reconciliation of Basic Net Earnings per Share to Diluted Net Earnings per Share

The following is a reconciliation of basic net earnings per share to diluted net earnings per share for the fiscal six months ended July 2, 2017 and July 3, 2016:

	Fiscal Six Months Ended
(Shares in Millions)	July 2, 2017			July 3, 2016
Basic net earnings per share	$	3.06		3.07
Average shares outstanding — basic	2,699.3			2,751.4
Potential shares exercisable under stock option plans	142.2			145.8
Less: shares which could be repurchased under treasury stock method	(93.1		)	(98.0	)
Convertible debt shares	1.0			1.7
Average shares outstanding — diluted	2,749.4			2,800.9
Diluted net earnings per share	$	3.00		3.02

The following is a reconciliation of basic net earnings per share to diluted net earnings per share for the fiscal second quarters ended July 2, 2017 and July 3, 2016:

	Fiscal Second Quarters Ended
(Shares in Millions)	July 2, 2017			July 3, 2016
Basic net earnings per share	$	1.42		1.46
Average shares outstanding — basic	2,691.9			2,745.4
Potential shares exercisable under stock option plans	143.2			146.3
Less: shares which could be repurchased under treasury stock method	(94.6		)	(99.2	)
Convertible debt shares	1.0			1.7
Average shares outstanding — diluted	2,741.5			2,794.2
Diluted net earnings per share	$	1.40		1.43