EARNINGS PER COMMON SHARE

9 Months Ended

Sep. 25, 2016

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		Nine Months Ended
	September 25, 2016	September 27, 2015	September 25, 2016	September 27, 2015
Weighted average common shares outstanding for basic computations	298.5	308.4	302.0	311.9
Weighted average dilutive effect of equity awards	3.6	4.3	3.9	4.4
Weighted average common shares outstanding for diluted computations	302.1	312.7	305.9	316.3

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 performance share units and exercise of outstanding stock options based on the treasury stock method. There were no significant anti-dilutive equity awards during the quarters and nine months ended September 25, 2016 or

September 27, 2015.