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Net Earnings Per Share
 3 Months Ended
Apr. 04, 2015
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
 
April 4, 2015
 
March 29, 2014
Numerator:
 

 
 

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

 
$
249

Denominator:
 

 
 

Basic weighted average shares outstanding
283.0

 
284.4

Dilution associated with stock-based compensation plans
4.1

 
4.9

Diluted weighted average shares outstanding
287.1

 
289.3

Basic net earnings per share attributable to St. Jude Medical, Inc.
$
0.93

 
$
0.88

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

 
$
0.86


Approximately 4.1 million and 2.7 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 three months ended April 4, 2015 and March 29, 2014, respectively, because they were not dilutive.