Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.23.3
Earnings Per Share
 9 Months Ended
Sep. 30, 2023
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 30,
2023		 September 24,
2022		 September 30,
2023		 September 24,
2022
(In millions, except per share amounts)
Numerator
Net income for basic earnings per share $ 299  $ 66  $ 187  $ 1,299 
Denominator
Basic weighted average shares 1,616  1,615  1,613  1,542 
Potentially dilutive shares from employee equity plans and warrants 13  10  12  13 
Diluted weighted average shares 1,629  1,625  1,625  1,555 
Earnings per share:
Basic $ 0.18  $ 0.04  $ 0.12  $ 0.84 
Diluted $ 0.18  $ 0.04  $ 0.11  $ 0.84 
Securities which would have been anti-dilutive are not material and are excluded from the computation of diluted earnings per share for all periods presented.