Income per Common Share (Tables)

3 Months Ended

Oct. 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
	October 2, 2015		October 3, 2014
Net income	$	283	$	423
Weighted average shares outstanding:
Basic	231		234
Employee stock options and other	3		6
Diluted	234		240
Income per common share:
Basic	$	1.23	$	1.81
Diluted	$	1.21	$	1.76
Anti-dilutive potential common shares excluded*	4		—

* 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.