Earnings Per Share

3 Months Ended

Sep. 30, 2017

Earnings Per Share, Basic [Abstract]

EARNINGS PER SHARE

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



	13-Week Period Ended
	Sep. 30, 2017		Oct. 1, 2016
	(In thousands, except for share and per share data)
Numerator:
Net earnings	$	367,640	$	323,887
Denominator:
Weighted-average basic shares outstanding	527,289,675		555,437,764
Dilutive effect of share-based awards	5,773,751		5,516,304
Weighted-average diluted shares outstanding	533,063,426		560,954,068
Basic earnings per share	$	0.70	$	0.58
Diluted earnings per share	$	0.69	$	0.58

The number of options that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 6,438,000 and 2,056,000 for the first quarter of fiscal 2018 and fiscal 2017, respectively.