Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.3
Earnings Per Share (Tables)
 9 Months Ended
Sep. 28, 2019
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 per share:
 
Three Months Ended
 
Nine Months Ended
 
September 28,
2019
 
September 29,
2018
 
September 28,
2019
 
September 29,
2018
 
(In millions, except per share amounts)
Numerator
 
 
 
 
 
 
 
Net income
$
120

 
$
102

 
$
171

 
$
299

Denominator
 
 
 
 
 
 
 
Basic weighted-average shares
1,097

 
987

 
1,075

 
976

Effect of potentially dilutive shares:
 
 
 
 
 
 
 
              Employee equity incentive plans and warrants
20

 
89

 
32

 
82

Diluted weighted-average shares
1,117

 
1,076

 
1,107

 
1,058

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.11

 
$
0.10

 
$
0.16

 
$
0.31

Diluted
$
0.11

 
$
0.09

 
$
0.15

 
$
0.28