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Basic and Diluted Earnings Per Share (Tables)
 9 Months Ended
Jun. 29, 2024
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)
  
June 29, 2024
    
July 1, 2023
    
June 29, 2024
    
July 1, 2023
  
Numerator
                        
Consolidated net income
  
$
193
    
$
143
    
$
368
    
$
423
  
Denominator
                                
Weighted average common shares outstanding - basic
    
114.5
      
118.7
      
115.2
      
121.0
  
Dilutive shares
    
2.2
      
2.4
      
3.0
      
0.9
  
Weighted average common and common equivalent shares outstanding - diluted
    
116.7
      
121.1
      
118.2
      
121.9
  
                                 
Per common share earnings
                                
Basic
  
$
1.69
    
$
1.20
    
$
3.19
    
$
3.50
  
Diluted
  
$
1.65
    
$
1.18
    
$
3.11
    
$
3.47