Income per Common Share (Tables)

6 Months Ended

Jan. 01, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Income Per Common Share

The following table illustrates the computation of basic and diluted income per common share (in millions, except per share data):

	Three Months Ended				Six Months Ended
	January 1, 2016		January 2, 2015		January 1, 2016		January 2, 2015
Net income	$	251	$	438	$	534	$	861
Weighted average shares outstanding:
Basic	232		233		231		233
Employee stock options and other	2		5		3		6
Diluted	234		238		234		239
Income per common share:
Basic	$	1.08	$	1.88	$	2.31	$	3.70
Diluted	$	1.07	$	1.84	$	2.28	$	3.60
Anti-dilutive potential common shares excluded*	6		1		4		2

* For purposes of computing diluted income per common share, certain potentially dilutive securities have been excluded from the calculation because their effect would have been anti-dilutive.