Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share (Tables)

v3.8.0.1
Earnings (Loss) Per Share (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Components of Basic and Diluted Earnings (Loss) Per Share
The following table sets forth the components of basic and diluted earnings (loss) per share:
 
Three Months Ended
 
March 31,
2018
 
April 1,
2017
 
(In millions, except per share amounts)
Numerator – Net income (loss):
 
 
 
Numerator for basic and diluted earnings (loss) per share
$
81

 
$
(33
)
Denominator - Weighted average shares
 
 
 
Denominator for basic earnings (loss) per share
968

 
939

Effect of potentially dilutive shares:
 
 
 
Employee stock options and restricted stock units
34

 
—

Warrants
37

 
—

Denominator for diluted earnings (loss) per share
1,039

 
939

Earnings (loss) per share:
 
 
 
Basic
$
0.08

 
$
(0.04
)
Diluted
$
0.08

 
$
(0.04
)