v3.26.3
Earnings Per Share
3 Months Ended
Oct. 02, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Per Share
The following table sets forth the computation of basic and diluted net income per share attributable to the shareholders of the Company:
For the Three Months Ended
(In millions, except per share data)October 2, 2026October 3, 2025
Numerator:
Net income$1,761 $549 
Number of shares used in per share calculations:
Total shares for purposes of calculating basic net income per share 228 213 
Weighted-average effect of dilutive securities:
Employee equity award plans and 2028 Notes if-converted shares4 13 
Total shares for purposes of calculating diluted net income per share 232 226 
Net income per share
Basic$7.72 $2.58 
Diluted7.59 2.43 
All potentially dilutive securities that could have an anti-dilutive effect on the calculation of the earnings per share have been excluded for the periods presented. The capped call transactions related to the 2028 Notes if-converted shares were excluded from the calculation of dilutive earnings per share as their effect would have been anti-dilutive. Other than the capped call, the weighted average anti-dilutive shares that were excluded from the computation of diluted net income per share were not material for the three months ended October 2, 2026 and October 3, 2025.