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Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Jul. 01, 2023
Basic and Diluted Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following tables provide a reconciliation of the numerator and denominator of the basic and diluted EPS calculations:

   
Quarterly Period Ended
   
Three Quarterly Periods Ended
 
(in millions, except per share amounts)
 
July 1, 2023
   
July 2, 2022
   
July 1, 2023
   
July 2, 2022
 
Numerator
                       
Consolidated net income
 
$
143
   
$
207
   
$
423
   
$
533
 
Denominator
                               
Weighted average common shares outstanding - basic
   
118.7
     
128.6
     
121.0
     
132.6
 
Dilutive shares
   
2.4
     
2.1
     
0.9
     
3.0
 
Weighted average common and common equivalent shares outstanding - diluted
   
121.1
     
130.7
     
121.9
     
135.6
 
                                 
Per common share earnings
                               
Basic
 
$
1.20
   
$
1.61
   
$
3.50
   
$
4.02
 
Diluted
 
$
1.18
   
$
1.58
   
$
3.47
   
$
3.93