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Net Earnings Per Share
3 Months Ended
Mar. 30, 2013
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 attributable to St. Jude Medical, Inc. (in millions, except per share amounts):

 
Three Months Ended
 
March 30, 2013
 
March 31, 2012
Numerator:
 
 
 
Net earnings attributable to St. Jude Medical, Inc.
$
223

 
$
212

Denominator:
 
 
 
Basic weighted average shares outstanding
285.3

 
315.7

Effect of dilutive securities:
 
 
 
Employee stock options
1.9

 
1.8

Restricted stock units
0.2

 
0.2

Diluted weighted average shares outstanding
287.4

 
317.7

Basic net earnings per share attributable to St. Jude Medical, Inc.
$
0.78

 
$
0.67

Diluted net earnings per share attributable to St. Jude Medical, Inc.
$
0.78

 
$
0.67


Approximately 10.9 million and 13.8 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 March 30, 2013 and March 31, 2012, respectively, because they were not dilutive.