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Net Earnings Per Share
 9 Months Ended
Sep. 27, 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
 
Nine Months Ended
 
September 27, 2014
 
September 28, 2013
 
September 27, 2014
 
September 28, 2013
Numerator:
 
 
 
 
 

 
 

Net earnings attributable to St. Jude Medical, Inc.
$
238

 
$
262

 
$
757

 
$
600

Denominator:
 
 
 
 
 

 
 

Basic weighted average shares outstanding
285.2

 
287.5

 
284.6

 
285.6

Dilution associated with stock-based compensation plans
4.8

 
4.5

 
4.8

 
3.1

Diluted weighted average shares outstanding
290.0

 
292.0

 
289.4

 
288.7

Basic net earnings per share attributable to St. Jude Medical, Inc.
$
0.83

 
$
0.91

 
$
2.66

 
$
2.10

Diluted net earnings per share attributable to St. Jude Medical, Inc.
$
0.82

 
$
0.90

 
$
2.62

 
$
2.08


Approximately 2.7 million and 2.2 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 September 27, 2014 and September 28, 2013, respectively, because they were not dilutive. Additionally, approximately 2.0 million and 5.4 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 27, 2014 and September 28, 2013, respectively, because they were not dilutive.