v3.25.1
Basic and Diluted Earnings Per Share (Tables)
 6 Months Ended
Mar. 29, 2025
Basic and Diluted Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following tables provide a reconciliation of the numerator and denominator of the basic and diluted EPS calculations:

 
Quarterly Period Ended
    
Two Quarterly Periods Ended
  
(in millions, except per share amounts)
  
March 29, 2025
    
March 30, 2024
    
March 29, 2025
    
March 30, 2024
  
Numerator
                        
Consolidated net income
  
$
193
    
$
116
    
$
207
    
$
175
  
Denominator
                                
Weighted average common shares outstanding - basic
    
116.0
      
115.6
      
115.7
      
115.6
  
Dilutive shares
    
3.4
      
2.6
      
3.1
      
2.9
  
Weighted average common and common equivalent shares outstanding - diluted
    
119.4
      
118.2
      
118.8
      
118.5
  
                                 
Per common share earnings (loss)
                                
Basic
  
$
1.66
    
$
1.00
    
$
1.79
    
$
1.51
  
Diluted
    
1.62
      
0.98
      
1.74
      
1.48