We present benchmark, high precision measurements of the dynamic structure factor J(Q,y) of liquid 4 He at several temperatures over a wide wave vector transfer range 15рQр29 Å Ϫ1 . J(Q,y) is very different in the superfluid phase below T and in the normal phase above T where T ϭ2.17 K. Below T , J(Q,y) contains a pronounced additional contribution near yϭ0 that is asymmetric about yϭ0, reflecting a condensate contribution modified by asymmetric final-state ͑FS͒ effects. The asymmetry in J(Q,y) is direct qualitative evidence of a condensate. We analyze the data at all T using the same model of J(Q,y) consisting of a condensate fraction n 0 , a momentum distribution n*(k) for states kϾ0 above the condensate, and a FS broadening function R(Q,y). We find a condensate fraction given by n 0 (T)ϭn 0 (0)͓1Ϫ(T/T ) ␥ ͔ with n 0 (0)ϭ(7.25Ϯ0.75)% and ␥ϭ5.5Ϯ1.0 for TϽT , which is 30% below existing observed values, and n 0 ϭ(0Ϯ0.3)% for TϾT . We determine n(k) in both phases. The n*(k) is significantly narrower than a Gaussian in both superfluid and normal 4 He and narrowest in the normal phase. The final-state function is determined from the data and is the same within precision above and below T . The precise form of R(Q,y) is important in determining the value of n 0 (T) below T . When independent, theoretical R(Q,y) are used in the analysis, the n 0 (T) is found to be the same as or smaller than the above value.where បk is the 4 He atom momentum in the fluid, n(k) is the momentum distribution, and ប R ϭប 2 Q 2 /2m and v R ϭបQ/m are the free 4 He atom recoil energy and velocity, respectively. S IA (Q,) depends solely on n(k).At finite Q, interactions of the recoiling atom with its neighbors, denoted final-state ͑FS͒ effects, contribute to S(Q,). The observed S(Q,) is then 21,6,7