Earnings Per Share (Tables)

6 Months Ended

Jun. 26, 2011

Earnings Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]

Net earnings per share

	2011		2010
	-----------------		-----------------
Quarter ----------	Basic -------	Diluted --------	Basic -------	Diluted --------
Net earnings	$ 58,051	58,051	43,631	43,631
Effect of dilutive securities:
Interest expense on contingent convertible
debentures due 2021, net of tax	-	-	-	107
	------------	------------	------------	------------
Adjusted net earnings	$ 58,051	58,051	43,631	43,738
	=======	=======	=======	=======
Average shares outstanding	136,073	136,073	143,801	143,801
Effect of dilutive securities:
Contingent convertible debentures
due 2021	-	-	-	1,106
Options and other share-based awards	-	3,168	-	3,567
	------------	------------	------------	------------
Equivalent shares	136,073	139,241	143,801	148,474
	=======	=======	=======	=======
Net earnings per common share	$    0.43	0.42	0.30	0.29
	=======	=======	=======	=======

	2011		2010
	-----------------		-----------------
Six Months ---------------	Basic -------	Diluted ---------	Basic -------	Diluted ---------
Net earnings	$ 75,247	75,247	102,574	102,574
Effect of dilutive securities:
Interest expense on contingent convertible
debentures due 2021, net of tax	-	-	-	1,124
	------------	------------	------------	------------
Adjusted net earnings	$ 75,247	75,247	102,574	103,698
	=======	=======	=======	=======
Average shares outstanding	136,859	136,859	140,560	140,560
Effect of dilutive securities:
Contingent convertible debentures
due 2021	-	-	-	6,048
Options and other share-based awards	-	3,238	-	3,270
	------------	------------	------------	------------
Equivalent shares	136,859	140,097	140,560	149,878
	=======	=======	=======	=======
Net earnings per common share	$    0.55	0.54	0.73	0.69
	=======	=======	=======	=======