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EARNINGS PER SHARE
 12 Months Ended
Jun. 28, 2025
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:
 202520242023
 (In millions, except for share and per share data)
Numerator:  
Net earnings$1,828 $1,955 $1,770 
Denominator: 
Weighted-average basic shares outstanding488,144,333 501,238,422 507,362,913 
Dilutive effect of share-based awards1,681,315 1,857,664 2,356,843 
Weighted-average diluted shares outstanding489,825,648 503,096,086 509,719,756 
Basic earnings per share$3.74 $3.90 $3.49 
Diluted earnings per share$3.73 $3.89 $3.47 

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 4,176,838, 4,611,724 and 2,373,000 for fiscal 2025, 2024 and 2023, respectively.

Dividends declared were $1.0 billion, $1.0 billion and $999 million in fiscal 2025, 2024 and 2023, respectively. Included in dividends declared for each year were dividends declared but not yet paid at year-end of approximately $258 million, $251 million and $253 million in fiscal 2025, 2024 and 2023, respectively.