Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.22.2
Earnings Per Share
6 Months Ended
Jun. 25, 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 Six Months Ended
June 25,
2022
June 26,
2021
June 25,
2022
June 26,
2021
(In millions, except per share amounts)
Numerator
Net income for basic earnings per share $ 447  $ 710  $ 1,233  $ 1,265 
Denominator
Basic weighted average shares 1,618  1,216  1,506  1,214 
Potentially dilutive shares from employee equity plans and warrants 14  16  15  17 
Diluted weighted average shares 1,632  1,232  1,521  1,231 
Earnings per share:
Basic $ 0.28  $ 0.58  $ 0.82  $ 1.04 
Diluted $ 0.27  $ 0.58  $ 0.81  $ 1.03