Income From Continuing Operations Per Common Share

3 Months Ended

Sep. 29, 2017

Income From Continuing Operations Per Common Share

The computations of income from continuing operations per common share are as follows:



	Quarter Ended
	September 29, 2017		September 30, 2016

	(In millions, except per share amounts)
Income from continuing operations (A)	$	167	$	145

Basic weighted average common shares outstanding (B)	119.1		123.9
Impact of dilutive share-based awards	2.1		1.6
Diluted weighted average common shares outstanding (C)	121.2		125.5
Income from continuing operations per basic common share (A)/(B)	$	1.40	$	1.17
Income from continuing operations per diluted common share (A)/(C)	$	1.38	$	1.16

Potential dilutive common shares primarily consist of employee stock options and performance unit awards. Employee stock options to purchase approximately 162,770 and 485,321 shares of our common stock were outstanding at September 29, 2017 and September 30, 2016, respectively, but were not included as dilutive stock options in the computations of income from continuing operations per diluted common share because the effect would have been antidilutive.