Income From Continuing Operations Per Common Share

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



	Quarter Ended				Two Quarters Ended
	December 29, 2017		December 30, 2016		December 29, 2017			December 30, 2016

	(In millions, except per share amounts)
Income from continuing operations	$	139	$	163	$	306		$	308
Adjustments for participating securities outstanding	—		—		(1		)	—
Income from continuing operations used in per basic and diluted common share calculations (A)	$	139	$	163	$	305		$	308
Basic weighted average common shares outstanding (B)	118.5		123.7		118.8			123.8
Impact of dilutive share-based awards	2.4		1.7		2.3			1.7
Diluted weighted average common shares outstanding (C)	120.9		125.4		121.1			125.5
Income from continuing operations per basic common share (A)/(B)	$	1.17	$	1.32	$	2.57		$	2.49
Income from continuing operations per diluted common share (A)/(C)	$	1.15	$	1.30	$	2.52		$	2.45

Potential dilutive common shares primarily consist of employee stock options and performance unit awards. Employee stock options to purchase approximately 222 and 1,200,708 shares of our common stock were outstanding at December 29, 2017 and December 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.