v3.5.0.1
Earnings Per Share (Tables)
6 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computations of basic and diluted earnings per share for the quarters and six months ended March 31, 2016 and March 27, 2015 are as follows:
 
For the Quarters Ended
 
For the Six Months Ended
(in millions, except per share amounts)
March 31,
2016
 
March 27,
2015
 
March 31,
2016
 
March 27,
2015
Basic Earnings Per Share
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income
$
62

 
$
68

 
$
126

 
$
140

Denominator:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
165

 
171

 
165

 
173

 
 
 
 
 
 
 
 
Basic earnings per share
$
0.38

 
$
0.40

 
$
0.76

 
$
0.81

 
For the Quarters Ended
 
For the Six Months Ended
(in millions, except per share amounts)
March 31,
2016
 
March 27,
2015
 
March 31,
2016
 
March 27,
2015
Diluted Earnings Per Share
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income
$
62

 
$
68

 
$
126

 
$
140

Denominator:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
165

 
171

 
165

 
173

               Effect of dilutive securities:
 
 
 
 
 
 
 
Dilutive effect of stock options and restricted stock units
1

 
1

 
1

 

Diluted weighted-average shares outstanding
166

 
172

 
166

 
173

 
 
 
 
 
 
 
 
Diluted earnings per share
$
0.37

 
$
0.40

 
$
0.76

 
$
0.81