Earnings Per Share

9 Months Ended

Jun. 24, 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 June 24, 2016					For the Quarter Ended June 26, 2015
	Income		Shares	Per Share Amount		Income		Shares	Per Share Amount
Basic earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations	$	241	426	$	0.57	$	188	421	$	0.45
Share options and restricted share awards			3			—		6
Diluted earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations attributable to Tyco ordinary shareholders, giving effect to dilutive adjustments	$	241	429	$	0.56	$	188	427	$	0.44



	For the Nine Months Ended June 24, 2016					For the Nine Months Ended June 26, 2015
	Income		Shares	Per Share Amount		Income		Shares	Per Share Amount
Basic earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations	$	458	425	$	1.08	$	535	421	$	1.27
Share options and restricted share awards			3			—		6
Diluted earnings per share attributable to Tyco ordinary shareholders:
Income from continuing operations attributable to Tyco ordinary shareholders, giving effect to dilutive adjustments	$	458	428	$	1.07	$	535	427	$	1.25

The computation of diluted earnings per share for the quarter and nine months ended June 24, 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 nine months ended June 26, 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 and 2 million shares, respectively, for the quarter and nine months ended June 26, 2015 because the effect would be anti-dilutive.