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Net Income Per Common Share | 3 Months Ended
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Sep. 28, 2018
Earnings Per Share [Abstract] |
Net Income Per Common Share | Net Income Per Common Share The following table presents the computation of basic and diluted income per common share:
| Three Months Ended
| September 28, 2018 |  | September 29, 2017
| (in millions, except per share data)
Net income | $ | 511 |  |  | $ | 681 |
Weighted average shares outstanding: |  |  |
Basic | 292 |  |  | 295 |
Employee stock options, RSUs, PSUs and ESPP | 6 |  |  | 11 |
Diluted | 298 |  |  | 306 |
Income per common share |  |  |
Basic | $ | 1.75 |  |  | $ | 2.31 |
Diluted | $ | 1.71 |  |  | $ | 2.23 |
Anti-dilutive potential common shares excluded(1) | 3 |  |  | 2 |
(1) | For purposes of computing diluted income per common share, certain potentially dilutive securities have been excluded from the calculation because their effect would have been anti-dilutive.
The Company computes basic income per common share using net income and the weighted average number of common shares outstanding during the period. Diluted income per common share is computed using net income and the weighted average number of common shares and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares include dilutive outstanding employee stock options, RSUs and PSUs, and rights to purchase shares of common stock under the Company’s ESPP.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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