Earnings Per Share

3 Months Ended

Jan. 02, 2015

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

(In millions, except per share amounts)	Three Months Ended
	January 2, 2015		December 27, 2013
Net income	$	195.2	$	94.5
Weighted average shares outstanding – basic	188.7		186.2
Dilutive effect of equity based awards	5.5		5.0
Weighted average shares outstanding – diluted	194.2		191.2
Net income per share – basic	$	1.03	$	0.51
Net income per share – diluted	$	1.01	$	0.49
Anti-dilutive common stock equivalents	1.1		1.8

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 months ended January 2, 2015, and December 27, 2013, 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.