EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 29, 2015

EARNINGS PER COMMON SHARE

NOTE 2 – EARNINGS PER COMMON SHARE

The weighted average number of shares outstanding used to compute earnings per common share were as follows (in millions):

	Quarters Ended
	March 29,             2015		March 30,                 2014
Weighted average common shares outstanding for basic computations		315.4		319.1
Weighted average dilutive effect of equity awards		4.8		6.0
Weighted average common shares outstanding for diluted computations		320.2		325.1

We compute basic and diluted earnings per common share by dividing net earnings by the respective weighted average number of common shares outstanding for the periods presented. Our calculation of diluted earnings per common share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units and exercise of outstanding stock options based on the treasury stock method. There were no anti-dilutive equity awards for the quarters ended March 29, 2015 and March 30, 2014.