| Earnings per share The following is a reconciliation of basic net earnings per share to diluted net earnings per share for the fiscal years ended December 28, 2025, December 29, 2024 and December 31, 2023: | | | | | | | | | | | | | | | | | | | | | | (In Millions Except Per Share Amounts) | | 2025 | | 2024 | | 2023 | | Basic net earnings per share from continuing operations | | $11.13 | | | 5.84 | | 5.26 | | Basic net earnings per share from discontinued operations | | — | | | — | | | 8.62 | | Total net earnings per share - basic | | 11.13 | | 5.84 | | 13.88 | | Average shares outstanding — basic | | 2,407.4 | | 2,407.3 | | 2,533.5 | | Potential shares exercisable under stock option plans | | 124.1 | | 77.7 | | 94.1 | | Less: shares repurchased under treasury stock method | | (102.1) | | | (55.6) | | | (67.2) | | | Adjusted average shares outstanding — diluted | | 2,429.4 | | 2,429.4 | | 2,560.4 | | Diluted net earnings per share from continuing operations | | 11.03 | | | 5.79 | | 5.20 | | Diluted net earnings per share from discontinuing operations | | — | | | — | | | 8.52 | | Total net earnings per share - diluted | | $11.03 | | | 5.79 | | 13.72 | | | | | | | | | (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. | | — | | | 54.1 | | | 43.0 |
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