EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 29, 2018

Earnings Per Share [Abstract]

Calculation of Net Earnings (Loss) Per Common Share

The following table presents the calculation of net earnings (loss) per common share — basic and diluted:

(In millions, except per share amounts)	2018		2017		2016
Basic Earnings Per Share
Numerator:
Net income from continuing operations	$	99	$	146	$	679
Income (loss) from discontinued operations, net of tax		5		35		(150	)
Net income	$	104	$	181	$	529
Denominator:
Weighted-average shares outstanding		553		522		539
Basic earnings (loss) per share:
Continuing operations	$	0.18	$	0.28	$	1.26
Discontinued operations		0.01		0.07		(0.28	)
Net basic earnings per share	$	0.19	$	0.35	$	0.98
Diluted Earnings Per Share
Numerator:
Net income from continuing operations	$	99	$	146	$	679
Income (loss) from discontinued operations, net of tax		5		35		(150	)
Net income	$	104	$	181	$	529
Denominator:
Weighted-average shares outstanding		553		522		539
Effect of dilutive securities:
Stock options and restricted stock		11		13		10
Diluted weighted-average shares outstanding		564		535		549
Diluted earnings (loss) per share
Continuing operations	$	0.18	$	0.27	$	1.24
Discontinued operations		0.01		0.06		(0.27	)
Net diluted earnings per share	$	0.19	$	0.34	$	0.96