Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.22.1
Earnings Per Share
3 Months Ended
Mar. 26, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the components of basic and diluted earnings per share:
Three Months Ended
March 26,
2022
March 27,
2021
(In millions, except per share amounts)
Numerator
Net income for basic earnings per share $ 786  $ 555 
Denominator
Basic weighted average shares 1,393  1,213 
Effect of potentially dilutive shares:
        Employee equity plans and warrants 17  18 
Diluted weighted average shares 1,410  1,231 
Earnings per share:
Basic $ 0.56  $ 0.46 
Diluted $ 0.56  $ 0.45