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Net Income (Loss) Per Common Share Earnings per Share (Tables)
3 Months Ended
Sep. 29, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the computation of basic and diluted income (loss) per common share:
 
Three Months Ended
 
September 29, 2017
 
September 30, 2016
 
(in millions, except per share data)
Net income (loss)
$
681

 
$
(366
)
Weighted average shares outstanding:
 
 
 
Basic
295

 
285

Employee stock options, RSUs, PSUs and ESPP
11

 

Diluted
306

 
285

Income (loss) per common share
 
 
 
Basic
$
2.31

 
$
(1.28
)
Diluted
$
2.23

 
$
(1.28
)
Anti-dilutive potential common shares excluded(1)
2

 
5


 
 

(1) 
For purposes of computing diluted income (loss) per common share, certain potentially dilutive securities have been excluded from the calculation because their effect would have been anti-dilutive.