v3.24.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 27, 2024
Earnings Per Share [Abstract]  
Schedule of Reconciliation of the Weighted Average Number of Shares Outstanding Used to Compute Basic and Diluted EPS
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 EndedNine Months Ended
September 27,
2024
September 29,
2023
September 27,
2024
September 29,
2023
(in millions)
Basic weighted average number of shares outstanding134 137 135 137 
Dilutive common share equivalents—stock options and other stock awards(1)
2 — 1 — 
Diluted weighted average number of shares outstanding136 137 136 137 
(1) Dilutive common share equivalents for the three and nine months ended September 29, 2023, did not include the impact of 1 million potentially dilutive equity awards because the result would have been anti-dilutive due to the net losses.