Earnings Per Share

6 Months Ended

Mar. 25, 2016

The reconciliations between basic and diluted earnings per share attributable to Tyco ordinary shareholders are as follows (in millions, except per share data):



	For the Quarter Ended March 25, 2016					For the Quarter Ended March 27, 2015
	Income		Shares	Per Share Amount		Income		Shares	Per Share Amount
Basic earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations	$	145	425	$	0.34	$	183	420	$	0.44
Share options and restricted share awards	—		3			—		7
Diluted earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations attributable to Tyco ordinary shareholders, giving effect to dilutive adjustments	$	145	428	$	0.33	$	183	427	$	0.43



	For the Six Months Ended March 25, 2016					For the Six Months Ended March 27, 2015
	Income		Shares	Per Share Amount		Income		Shares	Per Share Amount
Basic earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations	$	217	424	$	0.51	$	347	420	$	0.83
Share options and restricted share awards	—		4			—		7
Diluted earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations attributable to Tyco ordinary shareholders, giving effect to dilutive adjustments	$	217	428	$	0.51	$	347	427	$	0.81

The computation of diluted earnings per share for the quarter and six months ended March 25, 2016 excludes the effect of the potential exercise of share options to purchase approximately 6 million shares for both periods and excludes restricted stock units of approximately 2 million shares for both periods because the effect would be anti-dilutive.

The computation of diluted earnings per share for the quarter and six months ended March 27, 2015 excludes the effect of the potential exercise of share options to purchase approximately 3 million shares for both periods and excludes restricted stock units of approximately 1 million shares for both periods because the effect would be anti-dilutive.