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Earnings per Share (Tables)
6 Months Ended
Dec. 28, 2019
Earnings Per Share [Abstract]  
Reconciliation of Weighted-average Shares Outstanding and Calculation of Basic and Diluted Earnings Per Share
The following is a reconciliation of the weighted-average shares outstanding and calculation of basic and diluted earnings per share:
 
Three Months Ended
 
Six Months Ended
 
December 28,
2019
 
December 29,
2018
 
December 28,
2019
 
December 29,
2018
 
(millions, except per share data)
Net income
$
298.8

 
$
254.8

 
$
318.8

 
$
377.1

 
 
 
 
 
 
 
 
Weighted-average basic shares
276.0

 
289.9

 
280.8

 
289.3

Dilutive securities:
 

 
 

 
 

 
 

Effect of dilutive securities
0.7

 
1.1

 
1.0

 
2.1

Weighted-average diluted shares
276.7

 
291.0

 
281.8

 
291.4

 
 
 
 
 
 
 
 
Net income per share:
 

 
 

 
 

 
 

Basic
$
1.08

 
$
0.88

 
$
1.14

 
$
1.30

Diluted
$
1.08

 
$
0.88

 
$
1.13

 
$
1.29