Earnings Per Share

6 Months Ended

Dec. 30, 2017

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				26-Week Period Ended
	Dec. 30, 2017		Dec. 31, 2016		Dec. 30, 2017		Dec. 31, 2016
	(In thousands, except for share and per share data)				(In thousands, except for share and per share data)
Numerator:
Net earnings	$	284,113	$	275,167	$	651,753	$	599,054
Denominator:
Weighted-average basic shares outstanding	521,284,182		545,132,762		524,286,931		550,285,268
Dilutive effect of share-based awards	5,965,405		5,239,305		5,869,579		5,377,805
Weighted-average diluted shares outstanding	527,249,587		550,372,067		530,156,510		555,663,073
Basic earnings per share	$	0.55	$	0.50	$	1.24	$	1.09
Diluted earnings per share	$	0.54	$	0.50	$	1.23	$	1.08

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 2,749,000 and 4,900,000 for the second quarter of fiscal 2018 and fiscal 2017, respectively. 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 4,594,000 and 3,500,000 for the first 26 weeks of fiscal 2018 and fiscal 2017, respectively.