EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 28, 2015

EARNINGS PER COMMON SHARE

NOTE 3 – 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				Six Months Ended
	June 28,   2015		June 29,   2014		June 28,   2015		June 29,   2014
Weighted average common shares outstanding for basic computations		312.0		316.8		313.7		318.0
Weighted average dilutive effect of equity awards		4.1		5.3		4.5		5.6
Weighted average common shares outstanding for diluted computations		316.1		322.1		318.2		323.6

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 and six months ended June 28, 2015 and June 29, 2014.