Earnings Per Share (Tables)

12 Months Ended

Jul. 02, 2016

Earnings Per Share, Basic [Abstract]

Computation of basic and diluted earnings per share table

The following table sets forth the computation of basic and diluted earnings per share:

	2016		2015		2014
	(In thousands, except for share and per share data)
Numerator:
Net earnings	$	949,622	$	686,773	$	931,533
Denominator:
Weighted-average basic shares outstanding	573,057,406		592,072,308		585,988,084
Dilutive effect of share-based awards	4,334,000		4,776,726		4,228,136
Weighted-average diluted shares outstanding	577,391,406		596,849,034		590,216,220
Basic earnings per share	$	1.66	$	1.16	$	1.59
Diluted earnings per share	$	1.64	$	1.15	$	1.58