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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Net sales $ 951.5 $ 933.4
Cost of sales 629.7 577.1
Gross profit 321.8 356.3
Operating expenses    
Distribution 14.4 13.2
Research and Development 36.6 32.3
Selling 50.4 50.2
Administration 81.5 78.8
Restructuring 1.7 2.1
Total operating expenses 184.6 176.6
Operating Income 137.2 179.7
Interest expense, net 25.9 21.4
Other expense, (income), net 2.7 1.0
Income before income taxes 108.6 157.3
Income tax expense 12.3 45.9
Net income $ 96.3 $ 111.4
Earnings per share    
Basic earnings per share $ 0.72 $ 1.18
Diluted earnings per share $ 0.72 $ 1.18
Weighted average shares outstanding    
Basic 133.9 94.2
Diluted 134.4 94.7
Dividends declared per share $ 0.105 $ 0.09