Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.6.0.2
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
We computed our basic and diluted earnings per share of common stock for each period as follows:
Years Ended
(In Millions, Except Per Share Amounts)
 
Dec 31,
2016
 
Dec 26,
2015
 
Dec 27,
2014
Net income available to common stockholders
 
$
10,316

 
$
11,420

 
$
11,704

Weighted average shares of common stock outstanding—basic
 
4,730

 
4,742

 
4,901

Dilutive effect of employee incentive plans
 
53

 
64

 
75

Dilutive effect of convertible debt
 
92

 
88

 
80

Weighted average shares of common stock outstanding—diluted
 
4,875

 
4,894

 
5,056

Basic earnings per share of common stock
 
$
2.18

 
$
2.41

 
$
2.39

Diluted earnings per share of common stock
 
$
2.12

 
$
2.33

 
$
2.31