Net Earnings Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Net Earnings Per Share

NET EARNINGS PER SHARE

The table below sets forth the computation of basic and diluted net earnings per share (in millions, except per share amounts):

	Three Months Ended				Six Months Ended
	June 30, 2012		July 2, 2011		June 30, 2012		June 30, 2011
Numerator:
Net earnings	$	244	$	241	$	456	$	474
Denominator:
Basic weighted average shares outstanding	313.9		328.6		314.8		326.9
Effect of dilutive securities:
Employee stock options	1.1		3.8		1.5		3.7
Restricted stock units	0.2		0.2		0.1		0.1
Diluted weighted average shares outstanding	315.2		332.6		316.4		330.7
Basic net earnings per share	$	0.78	$	0.73	$	1.45	$	1.45
Diluted net earnings per share	$	0.78	$	0.72	$	1.44	$	1.43

Approximately 20.2 million and 6.6 million shares of common stock subject to stock options and restricted stock units were excluded from the diluted net earnings per share computation for the three months ended June 30, 2012 and July 2, 2011, respectively, because they were not dilutive. Additionally, approximately 17.0 million and 7.0 million shares of common stock subject to stock options and restricted stock units were excluded from the diluted net earnings per share computation for the six months ended June 30, 2012 and July 2, 2011, respectively, because they were not dilutive.