EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 28, 2020

Earnings Per Share [Abstract]

Calculation of Earnings Per Common Share

The following table represents the calculation of earnings per common share – basic and diluted:

	First Quarter
(In millions, except per share amounts)	2020		2019
Basic Earnings Per Share
Numerator:
Net income	$	45	$	8
Denominator:
Weighted-average shares outstanding		529		543
Basic earnings per share	$	0.09	$	0.01
Diluted Earnings Per Share
Numerator:
Net income	$	45	$	8
Denominator:
Weighted-average shares outstanding		529		543
Effect of dilutive securities:
Stock options and restricted stock		13		18
Diluted weighted-average shares outstanding		542		561
Diluted earnings per share	$	0.08	$	0.01