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Earnings Per Share

6 Months Ended

Apr. 03, 2021

Diluted earnings per share amounts are based upon the weighted average number of common and common equivalent shares outstanding during the period and are calculated using the treasury stock method for equity-based compensation awards (Awards). A reconciliation of the weighted average number of common and common equivalent shares outstanding and the number of Awards excluded from the diluted earnings per share calculation, as they were anti-dilutive, are as follows:


	Quarter Ended		Six Months Ended
	April 3, 2021	March 28, 2020	April 3, 2021	March 28, 2020
Shares (in millions):
Weighted average number of common and common equivalent shares outstanding (basic)	1,817	1,808	1,814	1,806
Weighted average dilutive impact of Awards	12	8	12	10
Weighted average number of common and common equivalent shares outstanding (diluted)	1,829	1,816	1,826	1,816
Awards excluded from diluted earnings per share	3	9	5	9