XML 55 R36.htm IDEA: XBRL DOCUMENT v3.4.0.3
Income From Continuing Operations Per Common Share (Tables)
 9 Months Ended
Apr. 01, 2016
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent [Abstract]  
Net income per common share
The computations of income from continuing operations per common share are as follows:
 
 
Quarter Ended
 
Three Quarters Ended
 
April 1,
2016
 
April 3,
2015
 
April 1,
2016
 
April 3,
2015
 
(In millions, except per share amounts)
Income from continuing operations
$
170

 
$
126

 
$
183

 
$
390

Adjustments for participating securities outstanding
—

 
(1
)
 
(1
)
 
(2
)
Income from continuing operations used in per basic and diluted common share calculations (A)
$
170

 
$
125

 
$
182

 
$
388

 
 
 
 
 
 
 
 
Basic weighted average common shares outstanding (B)
124.0

 
103.7

 
123.7

 
104.1

Impact of dilutive share-based awards
1.1

 
1.1

 
1.1

 
1.1

Diluted weighted average common shares outstanding (C)
125.1

 
104.8

 
124.8

 
105.2

Income from continuing operations per basic common share (A)/(B)
$
1.37

 
$
1.21

 
$
1.47

 
$
3.73

Income from continuing operations per diluted common share (A)/(C)
$
1.36

 
$
1.20

 
$
1.46

 
$
3.69