Earnings Per Share (Tables)

6 Months Ended

Jul. 03, 2021

Earnings Per Share [Abstract]

Schedule of Computation of Earnings per Share

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

	Three Months Ended				Six Months Ended
	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Basic:
Net income	$	219	$	100	$	447	$	189
Weighted-average shares outstanding	53,449,143		53,188,486		53,460,495		53,533,116
Basic earnings per share	$	4.10	$	1.87	$	8.36	$	3.53
Diluted:
Net income	$	219	$	100	$	447	$	189
Weighted-average shares outstanding	53,449,143		53,188,486		53,460,495		53,533,116
Dilutive shares	459,152		487,244		469,608		522,208
Diluted weighted-average shares outstanding	53,908,295		53,675,730		53,930,103		54,055,324
Diluted earnings per share	$	4.07	$	1.85	$	8.29	$	3.49