v3.24.1.u1
Earnings Per Share
3 Months Ended
Mar. 29, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
Note 8–Earnings Per Share
The following table provides a reconciliation of the weighted average number of shares outstanding used to compute basic and diluted EPS for the periods presented:
Three Months Ended
March 29,
2024
March 31,
2023
(in millions)
Basic weighted average number of shares outstanding136 137 
Dilutive common share equivalents—stock options and other stock awards
1 1 
Diluted weighted average number of shares outstanding137 138 
Anti-dilutive stock-based awards are excluded from the weighted average number of shares outstanding used to compute diluted EPS. For the three months ended March 29, 2024, and March 31, 2023, the total outstanding stock options and vesting stock awards that were anti-dilutive were 1 million for both periods.
During the three months ended March 29, 2024, and March 31, 2023, we made open market repurchases of our common stock for an aggregate purchase price of $150 million and $25 million, respectively. All shares repurchased were immediately retired.