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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 24, 2016
Jun. 26, 2015
Jun. 24, 2016
Jun. 26, 2015
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 3,121 $ 3,118 $ 8,906 $ 9,249
Cost of sales 2,099 2,070 5,977 6,130
Gross margin 1,022 1,048 2,929 3,119
Selling, general, and administrative expenses 367 393 1,074 1,170
Research, development, and engineering expenses 161 159 479 479
Acquisition and integration costs 11 8 19 46
Restructuring and other charges (credits), net 31 19 (28) 82
Operating income 452 469 1,385 1,342
Interest income 2 4 12 13
Interest expense (31) (33) (93) (104)
Other income (expense), net (651) 11 (631) (64)
Income (loss) from continuing operations before income taxes (228) 451 673 1,187
Income tax (expense) benefit 1,019 (100) 831 (85)
Income from continuing operations 791 351 1,504 1,102
Income (loss) from discontinued operations, net of income taxes 48 (42) 68 278
Net Income $ 839 $ 309 $ 1,572 $ 1,380
Basic earnings per share:        
Income from continuing operations (in dollars per share) $ 2.22 $ 0.86 $ 4.08 $ 2.71
Income (loss) from discontinued operations (in dollars per share) 0.13 (0.10) 0.18 0.68
Net income (in dollars per share) 2.35 0.76 4.26 3.39
Diluted earnings per share:        
Income from continuing operations (in dollars per share) 2.19 0.85 4.03 2.67
Income (loss) from discontinued operations (in dollars per share) 0.13 (0.10) 0.18 0.67
Net income (in dollars per share) 2.32 0.75 4.21 3.34
Dividends paid per common share $ 0.37 $ 0.33 $ 1.03 $ 0.91
Weighted-average number of shares outstanding:        
Basic (in shares) 357 406 369 407
Diluted (in shares) 361 412 373 413