Earnings Per Share

3 Months Ended

Sep. 26, 2015

Earnings Per Share, Basic [Abstract]

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:



	13-Week Period Ended
	Sep. 26, 2015		Sep. 27, 2014
	(In thousands, except for share and per share data)
Numerator:
Net earnings	$	244,420	$	278,813
Denominator:
Weighted-average basic shares outstanding	596,698,935		588,277,056
Dilutive effect of share-based awards	4,090,978		5,032,694
Weighted-average diluted shares outstanding	600,789,913		593,309,750
Basic earnings per share	$	0.41	$	0.47
Diluted earnings per share	$	0.41	$	0.47

The number of options that were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive was approximately 4,500,000 and 600,000 for the first quarter of fiscal 2016 and fiscal 2015, respectively.