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Net Earnings Per Share
 9 Months Ended
Sep. 28, 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
 
Nine Months Ended
 
September 28, 2013
 
September 29, 2012
 
September 28, 2013
 
September 29, 2012
Numerator:
 
 
 
 
 

 
 

Net earnings attributable to St. Jude Medical, Inc.
$
262

 
$
176

 
$
600

 
$
632

Denominator:
 
 
 
 
 

 
 

Basic weighted average shares outstanding
287.5

 
314.7

 
285.6

 
314.8

Effect of dilutive securities:
 
 
 
 
 

 
 

Employee stock options
4.0

 
1.3

 
2.8

 
1.4

Restricted stock units
0.5

 
0.3

 
0.3

 
0.2

Diluted weighted average shares outstanding
292.0

 
316.3

 
288.7

 
316.4

Basic net earnings per share attributable to St. Jude Medical, Inc.
$
0.91

 
$
0.56

 
$
2.10

 
$
2.01

Diluted net earnings per share attributable to St. Jude Medical, Inc.
$
0.90

 
$
0.56

 
$
2.08

 
$
2.00


Approximately 2.2 million and 16.1 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 September 28, 2013 and September 29, 2012, respectively, because they were not dilutive. Additionally, approximately 5.4 million and 16.7 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 nine months ended September 28, 2013 and September 29, 2012, respectively, because they were not dilutive.