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Income Taxes (Tables)
6 Months Ended
Dec. 30, 2017
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation

 The impact to the provision for stock-based compensation and the impact of the reduction in tax rate under the Act are summarized as follows:

 

(Dollars in millions)

  Three Months Ended December 30, 2017     Six Months Ended December 30, 2017  
  Income Tax
Expense
    Effective Tax
Rate
    Income Tax
Expense
    Effective Tax
Rate
 

Income tax benefit, reported

  $ (43.9     -128.3   $ (30.3     -43.1

Revaluation of net deferred income tax liability

    37.4       109.6     37.4       53.3

Stock-based compensation – performance vesting

    15.4       45.2     15.4       21.9

Impact of rate reduction on first quarter fiscal 2018 income

    2.5       7.4     —         —    
 

 

 

   

 

 

   

 

 

   

 

 

 

Income tax expense, excluding benefits

  $ 11.4       33.9   $ 22.5       32.1