Earnings Per Share

3 Months Ended

Sep. 29, 2018

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. 29, 2018		Sep. 30, 2017
	(In thousands, except for share and per share data)
Numerator:
Net earnings	$	431,042	$	367,640
Denominator:
Weighted-average basic shares outstanding	520,856,599		527,289,675
Dilutive effect of share-based awards	8,177,871		5,773,751
Weighted-average diluted shares outstanding	529,034,470		533,063,426
Basic earnings per share	$	0.83	$	0.70
Diluted earnings per share	$	0.81	$	0.69

Dividends declared per common share	$	0.36	$	0.33

The number of securities that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 1,067,000 and 6,438,000 for the first quarter of fiscal 2019 and fiscal 2018, respectively.