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Net Earnings Per Share
 6 Months Ended
Jun. 29, 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
 
Six Months Ended
 
June 29, 2013
 
June 30, 2012
 
June 29, 2013
 
June 30, 2012
Numerator:
 
 
 
 
 

 
 

Net earnings attributable to St. Jude Medical, Inc.
$
115

 
$
244

 
$
338

 
$
456

Denominator:
 
 
 
 
 

 
 

Basic weighted average shares outstanding
283.9

 
313.9

 
284.6

 
314.8

Effect of dilutive securities:
 
 
 
 
 

 
 

Employee stock options
2.5

 
1.1

 
2.2

 
1.5

Restricted stock units
0.3

 
0.2

 
0.3

 
0.1

Diluted weighted average shares outstanding
286.7

 
315.2

 
287.1

 
316.4

Basic net earnings per share attributable to St. Jude Medical, Inc.
$
0.41

 
$
0.78

 
$
1.19

 
$
1.45

Diluted net earnings per share attributable to St. Jude Medical, Inc.
$
0.40

 
$
0.78

 
$
1.18

 
$
1.44


Approximately 3.1 million and 20.2 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 29, 2013 and June 30, 2012, respectively, because they were not dilutive. Additionally, approximately 7.0 million and 17.0 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 29, 2013 and June 30, 2012, respectively.