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Earnings Per Share
 12 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of basic and diluted net income per share:
 
Fiscal Years Ended
(In millions, except per share data)
June 30,
2017
 
July 1,
2016
 
July 3,
2015
Numerator:
 
 
 
 
 
Net income
$
772

 
$
248

 
$
1,742

Number of shares used in per share calculations:
 
 
 
 
 
Total shares for purposes of calculating basic net income per share
296

 
299

 
324

Weighted-average effect of dilutive securities:
 
 
 
 
 
Employee equity award plans
3

 
3

 
7

Total shares for purpose of calculating diluted net income per share
299

 
302

 
331

Net income per share
 
 
 
 
 
Basic
$
2.61

 
$
0.83

 
$
5.38

Diluted
$
2.58

 
$
0.82

 
$
5.26


The following potential shares were excluded from the computation of diluted net income per share as their effect would have been anti-dilutive:
 
Fiscal Years Ended
(In millions)
June 30,
2017
 
July 1,
2016
 
July 3,
2015
Employee equity award plans
1

 
3

 
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