Earnings Per Share

3 Months Ended

Mar. 26, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table sets forth the components of basic and diluted earnings per share:

	Three Months Ended
	March 26, 2022		March 27, 2021
	(In millions, except per share amounts)
Numerator
Net income for basic earnings per share	$	786	$	555
Denominator
Basic weighted average shares	1,393		1,213
Effect of potentially dilutive shares:
Employee equity plans and warrants	17		18
Diluted weighted average shares	1,410		1,231
Earnings per share:
Basic	$	0.56	$	0.46
Diluted	$	0.56	$	0.45