Earnings Per Share

9 Months Ended

Mar. 30, 2019

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				39-Week Period Ended
	Mar. 30, 2019		Mar. 31, 2018		Mar. 30, 2019		Mar. 31, 2018
	(In thousands, except for share and per share data)				(In thousands, except for share and per share data)
Numerator:
Net earnings	$	440,083	$	330,085	$	1,138,505	$	981,838
Denominator:
Weighted-average basic shares outstanding	514,185,453		521,832,671		517,637,952		523,468,845
Dilutive effect of share-based awards	5,635,858		6,157,892		6,849,558		5,965,682
Weighted-average diluted shares outstanding	519,821,311		527,990,563		524,487,510		529,434,527
Basic earnings per share	$	0.86	$	0.63	$	2.20	$	1.88
Diluted earnings per share	$	0.85	$	0.63	$	2.17	$	1.85

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 2,583,000 and 25,000 for the third quarter of fiscal 2019 and fiscal 2018, respectively. 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 2,260,000 and 3,071,000 for the first 39 weeks of fiscal 2019 and fiscal 2018, respectively.