Earnings Per Common Share (Tables)

6 Months Ended

Jun. 26, 2011

Earnings Per Common Share

Earnings Per Common Share


		Quarter Ended								Six Months Ended
		June 26, 2011				June 27, 2010				June 26, 2011				June 27, 2010
		*(In millions, except per share data)*
Net earnings:
Net earnings from continuing operations		$	742			$	714			$	1,290			$	1,233
Net earnings (loss) from discontinued operations			—				110				(18	)			124

Net earnings for basic and diluted computations		$	742			$	824			$	1,272			$	1,357


Weighted average common shares outstanding:
Average number of common shares outstanding for basic computations			342.8				367.6				345.6				370.6
Dilutive stock options and restricted stock units			3.8				4.1				4.0				4.1

Average number of common shares outstanding for diluted computations			346.6				371.7				349.6				374.7


Earnings (loss) per common share:
Basic
Continuing operations		$	2.16			$	1.94			$	3.73			$	3.33
Discontinued operations			—				.30				(.05	)			.33

Basic earnings per common share		$	2.16			$	2.24			$	3.68			$	3.66


Diluted
Continuing operations		$	2.14			$	1.92			$	3.69			$	3.29
Discontinued operations			—				.30				(.05	)			.33

Diluted earnings per common share		$	2.14			$	2.22			$	3.64			$	3.62