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Net Earnings Per Share
 3 Months Ended
Mar. 29, 2014
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 29, 2014
 
March 30, 2013
Numerator:
 

 
 

Net earnings attributable to St. Jude Medical, Inc.
$
249

 
$
223

Denominator:
 

 
 

Basic weighted average shares outstanding
284.4

 
285.3

Effect of dilutive securities:
 

 
 

Employee stock options
4.5

 
1.9

Restricted stock units
0.4

 
0.2

Diluted weighted average shares outstanding
289.3

 
287.4

Basic net earnings per share attributable to St. Jude Medical, Inc.
$
0.88

 
$
0.78

Diluted net earnings per share attributable to St. Jude Medical, Inc.
$
0.86

 
$
0.78


Approximately 2.7 million and 10.9 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 29, 2014 and March 30, 2013, respectively, because they were not dilutive.