Income per Common Share (Tables)

9 Months Ended

Apr. 03, 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				Nine Months Ended
	April 3, 2015		March 28, 2014		April 3, 2015		March 28, 2014
Net income	$	384	$	375	$	1,245	$	1,300
Weighted average shares outstanding:
Basic	231		235		233		236
Employee stock options and other	5		7		5		6
Diluted	236		242		238		242
Income per common share:
Basic	$	1.66	$	1.60	$	5.34	$	5.51
Diluted	$	1.63	$	1.55	$	5.23	$	5.37
Anti-dilutive potential common shares excluded*	1		2		1		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.