Income From Continuing Operations Per Share

3 Months Ended

Sep. 28, 2018

Earnings Per Share [Abstract]

Income From Continuing Operations Per Share

Note L — Income From Continuing Operations Per Share

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

	Quarter Ended
	September 28, 2018			September 29, 2017
	(In millions, except per share amounts)
Income from continuing operations	$	216		$	165
Adjustments for participating securities outstanding	(1		)	—
Income from continuing operations used in per basic and diluted common share calculations (A)	$	215		$	165
Basic weighted average common shares outstanding (B)	117.9			119.1
Impact of dilutive share-based awards	2.7			2.1
Diluted weighted average common shares outstanding (C)	120.6			121.2
Income from continuing operations per basic common share (A)/(B)	$	1.82		$	1.39
Income from continuing operations per diluted common share (A)/(C)	$	1.78		$	1.36

Potential dilutive common shares primarily consist of employee stock options and restricted and performance unit awards. Income from continuing operations per diluted common share excludes the antidilutive impact of 160,167 and 162,770 weighted average share-based awards outstanding for the quarters ended September 28, 2018 and September 29, 2017, respectively.