Quarterly Results

12 Months Ended

Dec. 30, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results

Quarterly Results (unaudited)

Selected quarterly financial data for 2017 and 2016 is set forth below:

(In thousands, except per share data)	Revenues		Earnings Before Income Taxes		Net Earnings		Basic Earnings Per Share		Diluted Earnings Per Share
2017
First Quarter	$	1,260,486	$	243,010	$	173,213	$	0.52	$	0.52
Second Quarter	1,291,994		252,049		179,683		0.54		0.53
Third Quarter	1,276,007		250,415		177,424		0.53		0.52
Fourth Quarter (a)	1,313,785		221,655		336,658		1.02		1.00
Total	$	5,142,272	$	967,129	$	866,978
(a) Fourth quarter results include the impact of certain U.S. income tax reform enacted in December 2017 as further described in Note (12).

(In thousands, except per share data)	Revenues		Earnings Before Income Taxes		Net Earnings		Basic Earnings Per Share		Diluted Earnings Per Share
2016
First Quarter	$	1,138,135	$	217,129	$	150,360	$	0.44	$	0.43
Second Quarter	1,215,962		243,782		166,454		0.49		0.48
Third Quarter	1,184,557		241,808		169,979		0.50		0.49
Fourth Quarter (b)	1,257,819		215,715		149,691		0.45		0.44
Total	$	4,796,473	$	918,434	$	636,484
(b) Fourth quarter results include pre-tax costs related to the 2016 VSP of $36 million as further described in Note (1).