v3.24.0.1
Basic and Diluted Earnings Per Share (Tables)
 3 Months Ended
Dec. 30, 2023
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
  
(in millions, except per share amounts)
  
December 30, 2023
    
December 31, 2022
  
Numerator
            
Consolidated net income
  
$
59
    
$
106
  
Denominator
                
Weighted average common shares outstanding - basic
    
115.6
      
123.7
  
Dilutive shares
    
2.7
      
1.5
  
Weighted average common and common equivalent shares outstanding - diluted
    
118.3
      
125.2
  
                 
Per common share earnings
                
Basic
  
$
0.51
    
$
0.86
  
Diluted
  
$
0.50
    
$
0.85