Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share
3 Months Ended
Mar. 30, 2024
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
March 30,
April 1,
(In millions, except per share amounts)
Net income (loss) for basic earnings per share $ 123  $ (139)
Basic weighted average shares 1,617  1,611 
Potentially dilutive shares from employee equity plans 22  — 
Diluted weighted average shares 1,639  1,611 
Earnings (loss) per share:
Basic $ 0.08  $ (0.09)
Diluted $ 0.07  $ (0.09)
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.