Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.22.2.2
Earnings Per Share
9 Months Ended
Sep. 24, 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 Nine Months Ended
September 24,
2022
September 25,
2021
September 24,
2022
September 25,
2021
(In millions, except per share amounts)
Numerator
Net income for basic earnings per share $ 66  $ 923  $ 1,299  $ 2,188 
Denominator
Basic weighted average shares 1,615  1,214  1,542  1,214 
Potentially dilutive shares from employee equity plans and warrants 10  16  13  17 
Diluted weighted average shares 1,625  1,230  1,555  1,231 
Earnings per share:
Basic $ 0.04  $ 0.76  $ 0.84  $ 1.80 
Diluted $ 0.04  $ 0.75  $ 0.84  $ 1.78