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Net Earnings Per Share
 6 Months Ended
Jul. 02, 2016
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
 
July 2, 2016
 
July 4, 2015
 
July 2, 2016
 
July 4, 2015
Numerator:
 
 
 
 
 

 
 

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

 
$
290

 
$
333

 
$
552

Denominator:
 
 
 
 
 

 
 

Basic weighted average shares outstanding
284.3

 
281.1

 
283.9

 
282.0

Dilution associated with stock-based compensation plans
4.0

 
4.4

 
3.4

 
4.3

Diluted weighted average shares outstanding
288.3

 
285.5

 
287.3

 
286.3

Basic net earnings per share attributable to St. Jude Medical, Inc.
$
0.84

 
$
1.03

 
$
1.17

 
$
1.96

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

 
$
1.02

 
$
1.16

 
$
1.93

 
 
 
 
 
 
 
 
Anti-dilutive shares of common stock excluded from diluted net earnings per share attributable to St. Jude Medical, Inc.
3.8

 
2.6

 
6.1

 
3.4