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Earnings per Share (Tables) | 9 Months Ended
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Mar. 27, 2021
Earnings Per Share [Abstract] |
Reconciliation of Weighted-average Shares Outstanding and Calculation of Basic and Diluted Earnings Per Share | The following is a reconciliation of the weighted-average shares outstanding and calculation of basic and diluted earnings per share:
| Three Months Ended |  | Nine Months Ended
| March 27, 2021 |  | March 28, 2020 |  | March 27, 2021 |  | March 28, 2020
| (millions, except per share data)
Net income (loss) | $ | 91.7 |  |  | $ | (677.1) |  |  | $ | 634.4 |  |  | $ | (358.3) |
Weighted-average basic shares | 278.2 |  |  | 276.1 |  |  | 277.5 |  |  | 279.4 |
Dilutive securities: |  |  |  |  |  |  |
Effect of dilutive securities(1) | 7.4 |  |  | — |  |  | 4.0 |  |  | — |
Weighted-average diluted shares | 285.6 |  |  | 276.1 |  |  | 281.5 |  |  | 279.4 |
Net income per share: |  |  |  |  |  |  |
Basic | $ | 0.33 |  |  | $ | (2.45) |  |  | $ | 2.29 |  |  | $ | (1.28) |
Diluted | $ | 0.32 |  |  | $ | (2.45) |  |  | $ | 2.25 |  |  | $ | (1.28) |
(1) There was no dilutive effect for the three and nine months ended March 28, 2020 as the impact of these items would be anti-dilutive as a result of the net loss incurred during the period.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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