Earnings Per Share

9 Months Ended

Jul. 03, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per ShareCalculation of net earnings per common share (“EPS”) — basic and diluted (in millions, except EPS):

	Quarter Ended				Three Quarters Ended
	Jul 3, 2022		Jun 27, 2021		Jul 3, 2022		Jun 27, 2021
Net earnings attributable to Starbucks	$	912.9	$	1,153.4	$	2,403.3	$	2,434.9
Weighted average common shares outstanding (for basic calculation)	1,147.0		1,178.5		1,155.3		1,177.0
Dilutive effect of outstanding common stock options and RSUs	4.0		7.7		5.2		7.7
Weighted average common and common equivalent shares outstanding (for diluted calculation)	1,151.0		1,186.2		1,160.5		1,184.7
EPS — basic	$	0.80	$	0.98	$	2.08	$	2.07
EPS — diluted	$	0.79	$	0.97	$	2.07	$	2.06

Potential dilutive shares consist of the incremental common shares issuable upon the exercise of outstanding stock options (both vested and non-vested) and unvested RSUs, calculated using the treasury stock method. The calculation of dilutive shares outstanding would exclude out-of-the-money stock options (i.e., such options’ exercise prices were greater than the average market price of our common shares for the period) because their inclusion would be anti-dilutive. As of July 3, 2022, we had an immaterial amount of anti-dilutive stock options and anti-dilutive unvested RSUs. As of June 27, 2021, we had no anti-dilutive stock options and an immaterial amount of anti-dilutive unvested RSUs