Basic and Diluted Net Income Per Share (Tables)

3 Months Ended

Jan. 02, 2021

Basic and Diluted Net Income Per Share [Abstract]

Basic and Diluted Net Income Per Share

The following tables provide a reconciliation of the numerator and denominator of the basic and diluted net income per share calculations:

	Quarterly Period Ended
(in millions, except per share amounts)	January 2, 2021		December 28, 2019
Numerator
Consolidated net income	$	130	$	47
Denominator
Weighted average common shares outstanding - basic		133.6		132.3
Dilutive shares		2.1		2.0
Weighted average common and common equivalent shares outstanding - diluted		135.7		134.3
Per common share income
Basic	$	0.97	$	0.36
Diluted	$	0.96	$	0.35