v3.26.1
Earnings per share (Tables)
3 Months Ended
Mar. 29, 2026
Earnings Per Share [Abstract]  
Reconciliation of Basic Net Earnings per Share to Diluted Net Earnings per Share
The following is a reconciliation of basic net earnings per share to diluted net earnings per share:
 Fiscal First Quarter Ended
(Shares in Millions)March 29, 2026March 30, 2025
Basic net earnings per share$2.174.57
Average shares outstanding — basic2,408.72,407.2
Potential shares exercisable under stock option plans100.669.0
Less: shares which could be repurchased under treasury stock method(64.1)(52.4)
Average shares outstanding — diluted2,445.22,423.8
Diluted net earnings per share$2.144.54
(Shares in Millions)
The diluted net earnings per share calculation excluded the following number of shares related to stock options, as the exercise price of these options was greater than the average market value of the Company’s stock.
3.560.9