XML 27 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share
 6 Months Ended
Jul. 01, 2017
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 7.
Earnings per Share
 
 
Three Months Ended
 
Six Months Ended
 
 
July 1,

 
July 2,

 
July 1,

 
July 2,

(In millions except per share amounts)
 
2017

 
2016

 
2017

 
2016

 
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
612.2

 
$
516.8

 
$
1,163.6

 
$
919.1

Loss from Discontinued Operations
 
(0.6
)
 
(0.2
)
 
(0.6
)
 
(0.3
)
 
 
 
 
 
 
 
 
 
Net Income
 
$
611.6

 
$
516.6

 
$
1,163.0

 
$
918.8

 
 
 
 
 
 
 
 
 
Basic Weighted Average Shares
 
390.0

 
393.9

 
390.5

 
394.9

Plus Effect of:
 
 
 
 
 
 
 
 
Stock options and restricted units
 
3.3

 
2.8

 
3.2

 
2.8

 
 
 
 
 
 
 
 
 
Diluted Weighted Average Shares
 
393.3

 
396.7

 
393.7

 
397.7

 
 
 
 
 
 
 
 
 
Basic Earnings per Share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.57

 
$
1.31

 
$
2.98

 
$
2.33

Discontinued operations
 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
Basic Earnings per Share
 
$
1.57

 
$
1.31

 
$
2.98

 
$
2.33

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
1.56

 
$
1.30

 
$
2.96

 
$
2.31

Discontinued operations
 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share
 
$
1.56

 
$
1.30

 
$
2.95

 
$
2.31


Options to purchase 1.9 million, 1.8 million, 2.2 million and 2.7 million shares of common stock were not included in the computation of diluted earnings per share for the second quarter of 2017 and 2016 and the first six months of 2017 and 2016, respectively, because their effect would have been antidilutive.