Net Income Per Share

6 Months Ended

Jun. 02, 2023

Earnings Per Share [Abstract]

NET INCOME PER SHARE

NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share for the three and six months ended June 2, 2023 and June 3, 2022:

	Three Months				Six Months
(in millions, except per share data)	2023		2022		2023		2022
Net income	$	1,295	$	1,178	$	2,542	$	2,444
Shares used to compute basic net income per share	457.8		472.1		458.4		472.3
Dilutive potential common shares from stock plans and programs	0.9		1.2		0.7		2.0
Shares used to compute diluted net income per share	458.7		473.3		459.1		474.3
Basic net income per share	$	2.83	$	2.50	$	5.55	$	5.17
Diluted net income per share	$	2.82	$	2.49	$	5.54	$	5.15
Anti-dilutive potential common shares	3.8		4.7		5.0		2.5