Net Income Per Common Share (Tables)

3 Months Ended

Sep. 30, 2016

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent [Abstract]

Computation of Net Income Per Common Share

The computations of net income per common share are as follows:

	Quarter Ended
	September 30, 2016		October 2, 2015
	(In millions, except per share amounts)
Net income	$	160	$	148
Adjustments for participating securities outstanding	—		—
Net income used in per basic and diluted common share calculations (A)	$	160	$	148
Basic weighted average common shares outstanding (B)	123.9		123.5
Impact of dilutive share-based awards	1.6		1.2
Diluted weighted average common shares outstanding (C)	125.5		124.7
Net income per basic common share (A)/(B)	$	1.29	$	1.20
Net income per diluted common share (A)/(C)	$	1.27	$	1.18