Earnings Per Share

9 Months Ended

Jun. 27, 2014

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

(In millions, except per share amounts)	Three Months Ended				Nine Months Ended
	June 27, 2014		June 28, 2013		June 27, 2014		June 28, 2013
Net income	$	111.4	$	65.7	$	282.8	$	193.9
Weighted average shares outstanding – basic	187.5		186.6		187.0		188.2
Dilutive effect of equity based awards	5.7		4.6		5.2		4.6
Weighted average shares outstanding – diluted	193.2		191.2		192.2		192.8
Net income per share – basic	$	0.59	$	0.35	$	1.51	$	1.03
Net income per share – diluted	$	0.58	$	0.34	$	1.47	$	1.01
Anti-dilutive common stock equivalents	0.1		6.0		1.2		6.2

Basic earnings per share are calculated by dividing net income by the weighted average number of shares of the Company's common stock outstanding. The calculation of diluted earnings per share includes the dilutive effect of equity based awards that were outstanding during the three and nine months ended June 27, 2014, using the treasury stock method. Certain of the Company's outstanding stock options, noted in the table above, were excluded because they were anti-dilutive, but they could become dilutive in the future.