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Net Income Per Common Share
 6 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share The following table presents the computation of basic and diluted income per common share:
Three Months EndedSix Months Ended
 December 31,
2021		January 1,
2021		December 31,
2021		January 1,
2021
(in millions, except per share data)
Net income$564 $62 $1,174 $2 
Weighted average shares outstanding:
Basic312 305 311 304 
Employee stock options, RSUs, PSUs and ESPP3 2 4 1 
Basic and diluted315 307 315 305 
Income per common share:
Basic$1.81 $0.20 $3.77 $0.01 
Diluted$1.79 $0.20 $3.73 $0.01 
Anti-dilutive potential common shares excluded5 8 3 10 
The Company computes basic income per common share using Net income and the weighted average number of common shares outstanding during the period. Diluted income per common share is computed using Net income and the weighted average number of common shares and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares include dilutive outstanding employee stock options, RSUs and PSUs, and rights to purchase shares of common stock under the Company’s ESPP.