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NET INCOME PER SHARE
6 Months Ended
May 29, 2026
Earnings Per Share [Abstract]  
NET INCOME PER SHARE NET INCOME PER SHARE
Basic net income per share is computed using the weighted average number of common shares outstanding for the period, excluding unvested stock-based awards and purchase rights. Diluted net income per share is based upon the weighted average common shares outstanding for the period plus dilutive potential common shares, including unvested restricted stock units, stock purchase rights and performance share awards using the treasury stock method. Performance share awards are included based on the number of shares that would be issued as if the end of the reporting period was the end of the performance period and the result was dilutive.
The following table sets forth the computation of basic and diluted net income per share for the three and six months ended May 29, 2026 and May 30, 2025:
Three MonthsSix Months
(in millions, except per share data)2026202520262025
Net income$1,712 $1,691 $3,601 $3,502 
Shares used to compute basic net income per share402.4 428.2 406.3 432.2 
Dilutive potential common shares from stock plans and programs0.1 0.7 0.3 1.0 
Shares used to compute diluted net income per share402.5 428.9 406.6 433.2 
Basic net income per share$4.26 $3.95 $8.86 $8.10 
Diluted net income per share$4.25 $3.94 $8.86 $8.08 
Anti-dilutive potential common shares12.1 6.4 9.2 4.5