Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.3.1.900
Earnings Per Share (Tables)
 12 Months Ended
Dec. 26, 2015
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 26,
2015
 
Dec 27,
2014
 
Dec 28,
2013
Net income available to common stockholders
 
$
11,420

 
$
11,704

 
$
9,620

Weighted average shares of common stock outstanding—basic
 
4,742

 
4,901

 
4,970

Dilutive effect of employee equity incentive plans
 
64

 
75

 
68

Dilutive effect of convertible debt
 
88

 
80

 
59

Weighted average shares of common stock outstanding—diluted
 
4,894

 
5,056

 
5,097

Basic earnings per share of common stock
 
$
2.41

 
$
2.39

 
$
1.94

Diluted earnings per share of common stock
 
$
2.33

 
$
2.31

 
$
1.89