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Income From Continuing Operations Per Common Share (Tables)
9 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Computation of Net Income Per Common Share
The computations of income from continuing operations per common share are as follows:
 
 
Quarter Ended
 
Three Quarters Ended
 
March 31,
2017
 
April 1,
2016
 
March 31,
2017
 
April 1,
2016
 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
Income from continuing operations
$
164

 
$
159

 
$
472

 
$
469

Adjustments for participating securities outstanding
(1
)
 
(1
)
 
(1
)
 
(2
)
Income from continuing operations used in per basic and diluted common share calculations (A)
$
163

 
$
158

 
$
471

 
$
467

Basic weighted average common shares outstanding (B)
122.6

 
124.0

 
123.3

 
123.7

Impact of dilutive share-based awards
1.9

 
1.1

 
1.7

 
1.1

Diluted weighted average common shares outstanding (C)
124.5

 
125.1

 
125.0

 
124.8

Income from continuing operations per basic common share (A)/(B)
$
1.33

 
$
1.27

 
$
3.82

 
$
3.78

Income from continuing operations per diluted common share (A)/(C)
$
1.31

 
$
1.26

 
$
3.77

 
$
3.74