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Earnings Per Share (Tables)
3 Months Ended9 Months Ended
Sep. 25, 2011
Sep. 25, 2011
Earnings Per Share (Thousands of Dollars and Shares Except Per Share Data) [Abstract]  
Earnings Per Share
 
2011
2010
 
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-----------------
Quarter
----------
Basic
-------
Diluted
--------
Basic
-------
Diluted
--------
Net earnings
$  170,990   
170,990  
155,164  
155,164
 
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=======  
=======  
=======
         
Average shares outstanding
132,448   
132,448  
138,199  
138,199
Effect of dilutive securities:
       
   Options and other share-based awards
-   
2,476  
-  
3,516
 
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------------  
------------  
------------
Equivalent shares
132,448   
134,924  
138,199  
141,715
 
=======   
=======  
=======  
=======
         
Net earnings per common share
$       1.29   
1.27  
1.12  
1.09
 
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=======  
=======  
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2011
2010
 
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-----------------
Nine Months
---------------
Basic
-------
Diluted
---------
Basic
-------
Diluted
---------
Net earnings
$  246,237   
246,237  
257,738  
257,738
Effect of dilutive securities:
       
   Interest expense on contingent convertible
       
      debentures due 2021, net of tax
-   
-  
-  
1,124
 
------------   
------------  
------------  
------------
Adjusted net earnings
$  246,237   
246,237  
257,738  
258,862
 
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=======  
=======
         
Average shares outstanding
135,388   
135,388  
139,773  
139,773
Effect of dilutive securities:
       
   Contingent convertible debentures
       
      due 2021
-   
-  
-  
4,032
   Options and other share-based awards
-   
2,985  
-  
3,352
 
------------   
------------  
------------  
------------
Equivalent shares
135,388   
138,373  
139,773  
147,157
 
=======   
=======  
=======  
=======
          
Net earnings per common share
$       1.82   
1.78  
1.84  
1.76
 
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