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Earnings Per Share
9 Months Ended
Oct. 01, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 8.
Earnings per Share
 
 
Three Months Ended
 
Nine Months Ended
 
 
October 1,

 
September 26,

 
October 1,

 
September 26,

(In millions except per share amounts)
 
2016

 
2015

 
2016

 
2015

 
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
473.5

 
$
477.3

 
$
1,392.6

 
$
1,374.0

Loss from Discontinued Operations
 

 
(1.2
)
 
(0.3
)
 
(1.2
)
 
 
 
 
 
 
 
 
 
Net Income
 
$
473.5

 
$
476.1

 
$
1,392.3

 
$
1,372.8

 
 
 
 
 
 
 
 
 
Basic Weighted Average Shares
 
394.7

 
399.0

 
394.8

 
398.4

Plus Effect of:
 
 
 
 
 
 
 
 
Stock options and restricted units
 
2.7

 
3.0

 
2.8

 
3.3

 
 
 
 
 
 
 
 
 
Diluted Weighted Average Shares
 
397.4

 
402.0

 
397.6

 
401.7

 
 
 
 
 
 
 
 
 
Basic Earnings per Share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.20

 
$
1.20

 
$
3.53

 
$
3.45

Discontinued operations
 

 

 

 

 
 
 
 
 
 
 
 
 
Basic Earnings per Share
 
$
1.20

 
$
1.19

 
$
3.53

 
$
3.45

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.19

 
$
1.19

 
$
3.50

 
$
3.42

Discontinued operations
 

 

 

 

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share
 
$
1.19

 
$
1.18

 
$
3.50

 
$
3.42


Options to purchase 0.1 million, 3.5 million, 1.8 million and 3.7 million shares of common stock were not included in the computation of diluted earnings per share for the third quarter of 2016 and 2015 and the first nine months of 2016 and 2015, respectively, because their effect would have been antidilutive.