Earnings Per Share

9 Months Ended

Sep. 26, 2015

Note 8. Earnings per Share

			Three Months Ended						Nine Months Ended
		September 26,			September 27,			September 26,			September 27,
(In millions except per share amounts)			2015			2014			2015			2014

Income from Continuing Operations			$	477.3		$	469.9		$	1,374.0		$	1,291.5
(Loss) Income from Discontinued Operations				(1.2)			1.7			(1.2)			1.7

Net Income			$	476.1		$	471.6		$	1,372.8		$	1,293.2

Basic Weighted Average Shares				399.0			399.9			398.4			397.5
Plus Effect of:
	Equity forward arrangement			—			—			—			0.2
	Stock options and restricted units			3.0			3.8			3.3			4.0

Diluted Weighted Average Shares				402.0			403.7			401.7			401.7

Basic Earnings per Share:
	Continuing operations		$	1.20		$	1.17		$	3.45		$	3.25
	Discontinued operations			—			—			—			—

Basic Earnings per Share			$	1.19		$	1.18		$	3.45		$	3.25

Diluted Earnings per Share:
	Continuing operations		$	1.19		$	1.16		$	3.42		$	3.21
	Discontinued operations			—			—			—			—

Diluted Earnings per Share			$	1.18		$	1.17		$	3.42		$	3.22

Options to purchase 3.5 million, 2.4 million, 3.7 million and 2.4 million shares of common stock were not included in the computation of diluted earnings per share for the third quarter of 2015 and 2014 and first nine months of 2015 and 2014, respectively, because their effect would have been antidilutive.