Income per Common Share (Tables)

6 Months Ended

Jan. 02, 2015

Earnings Per Share [Abstract]

Computation of Basic and Diluted Income Per Common Share

The following table illustrates the computation of basic and diluted income per common share (in millions, except per share data):

	Three Months Ended				Six Months Ended
	January 2, 2015		December 27, 2013		January 2, 2015		December 27, 2013
Net income	$	438	$	430	$	861	$	925
Weighted average shares outstanding:
Basic	233		236		233		236
Employee stock options and other	5		7		6		7
Diluted	238		243		239		243
Income per common share:
Basic	$	1.88	$	1.82	$	3.70	$	3.92
Diluted	$	1.84	$	1.77	$	3.60	$	3.81
Anti-dilutive potential common shares excluded*	1		2		2		1

* For purposes of computing diluted income per common share, certain potentially dilutive securities have been excluded from the calculation because their effect would have been anti-dilutive.