Earnings Per Share (Tables)

9 Months Ended

Sep. 26, 2020

Earnings Per Share [Abstract]

Computation of Earnings per Share

Earnings per share (in millions, except share data):

	Three Months Ended				Nine Months Ended
	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Basic:
Net income	$	116	$	136	$	305	$	375
Weighted-average shares outstanding	53,300,036		54,085,500		53,460,891		53,999,044
Basic earnings per share	$	2.18	$	2.52	$	5.70	$	6.95
Diluted:
Net income	$	116	$	136	$	305	$	375
Weighted-average shares outstanding	53,300,036		54,085,500		53,460,891		53,999,044
Dilutive shares	416,270		552,323		486,895		611,047
Diluted weighted-average shares outstanding	53,716,306		54,637,823		53,947,786		54,610,091
Diluted earnings per share	$	2.16	$	2.50	$	5.65	$	6.87