XML 28 R17.htm IDEA: XBRL DOCUMENT
v3.19.1

Earnings Per Share | 6 Months Ended
--- | ---
Mar. 29, 2019
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share amounts):
| Three Months Ended |  | Six Months Ended
| March 29, 2019 |  | March 30, 2018 |  | March 29, 2019 |  | March 30, 2018
Net income | $ | 214.0 |  |  | $ | 276.0 |  |  | $ | 498.8 |  |  | $ | 346.4 |
Weighted average shares outstanding – basic | 173.8 |  |  | 182.5 |  |  | 175.2 |  |  | 182.8 |
Dilutive effect of equity based awards | 0.8 |  |  | 1.8 |  |  | 0.9 |  |  | 2.1 |
Weighted average shares outstanding – diluted | 174.6 |  |  | 184.3 |  |  | 176.1 |  |  | 184.9 |
Net income per share – basic | $ | 1.23 |  |  | $ | 1.51 |  |  | $ | 2.85 |  |  | $ | 1.89 |
Net income per share – diluted | $ | 1.23 |  |  | $ | 1.50 |  |  | $ | 2.83 |  |  | $ | 1.87 |
Anti-dilutive common stock equivalents | 1.9 |  |  | 0.1 |  |  | 1.8 |  |  | 0.2 |
Basic earnings per share are calculated by dividing net income by the weighted average number of shares of the Company’s common stock outstanding during the period. The calculation of diluted earnings per share includes the dilutive effect of equity based awards that were outstanding during the three and six months ended March 29, 2019, and March 30, 2018, using the treasury stock method. Certain of the Company’s outstanding share-based awards, noted in the table above, were excluded because they were anti-dilutive, but they could become dilutive in the future.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration