EARNINGS PER SHARE

3 Months Ended

Sep. 28, 2024

Earnings Per Share, Basic [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

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

	13-Week Period Ended
	Sep. 28, 2024		Sep. 30, 2023
	(In millions, except for share and per share data)
Numerator:
Net earnings	$	490	$	503
Denominator:
Weighted-average basic shares outstanding	492,023,827		505,126,492
Dilutive effect of share-based awards	1,762,146		1,942,943
Weighted-average diluted shares outstanding	493,785,973		507,069,435
Basic earnings per share	$	1.00	$	1.00
Diluted earnings per share	$	0.99	$	0.99

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 3,338,000 and 5,988,000 for the first quarter of fiscal 2025 and 2024, respectively.