Earnings Per Share (Tables)

3 Months Ended

Apr. 01, 2023

Earnings Per Share [Abstract]

Computations of Basic and Diluted Net Earnings Per Share

The computations of basic and diluted net earnings per share for the first quarter of 2023 and 2022 are as follows (in thousands, except per share data):
 

	Three Months (13 Weeks) Ended
	April 1, 2023			April 2, 2022
Basic net earnings per share:
Basic net earnings	$	1,136,542		$	2,095,623
Earnings allocated to participating securities		(3,413	)		(8,420	)
Net earnings available to common stockholders	$	1,133,129		$	2,087,203
Basic average shares outstanding		253,608			271,564
Basic net earnings per share	$	4.47		$	7.69
Diluted net earnings per share:
Diluted net earnings	$	1,136,542		$	2,095,623
Earnings allocated to participating securities		(3,392	)		(8,385	)
Net earnings available to common stockholders	$	1,133,150		$	2,087,238
Diluted average shares outstanding:
Basic average shares outstanding		253,608			271,564
Dilutive effect of stock options and other		789			530
		254,397			272,094
Diluted net earnings per share	$	4.45		$	7.67