v3.5.0.1
Condensed and Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 27, 2015
Mar. 31, 2016
Mar. 27, 2015
Income Statement [Abstract]        
Revenue $ 899 $ 890 $ 1,799 $ 1,777
Cost of revenue 404 392 805 780
Selling, general and administrative expenses 326 331 656 649
Radio conversion costs 26 19 50 42
Operating income 143 148 288 306
Interest expense, net (53) (51) (106) (101)
Other Nonoperating Income (Expense) 0 3 0 3
Income before income taxes 90 100 182 208
Income tax expense (28) (32) (56) (68)
Net income $ 62 $ 68 $ 126 $ 140
Net income per share:        
Basic (in US$ per share) $ 0.38 $ 0.40 $ 0.76 $ 0.81
Diluted (in US$ per share) $ 0.37 $ 0.40 $ 0.76 $ 0.81
Weighted-average number of shares:        
Basic (shares) 165 171 165 173
Diluted (shares) 166 172 166 173
Dividends declared per common share (in US$ per share) $ 0.22 $ 0.42 $ 0.43 $ 0.42