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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 02, 2015
Jul. 03, 2015
Current assets:    
Cash and cash equivalents $ 5,081 $ 5,024
Short-term investments 347 262
Accounts receivable, net 1,616 1,532
Inventories 1,260 1,368
Other current assets 351 331
Total current assets 8,655 8,517
Property, plant and equipment, net 2,890 2,965
Goodwill 2,766 2,766
Other intangible assets, net 319 332
Other non-current assets 631 601
Total assets 15,261 15,181
Current liabilities:    
Accounts payable 1,799 1,881
Accrued expenses 528 470
Accrued compensation 336 330
Accrued warranty 141 150
Revolving Credit Facility 255 255
Current portion of long-term debt 172 156
Total current liabilities 3,231 3,242
Long-term debt 2,109 2,156
Other liabilities 585 564
Total liabilities $ 5,925 $ 5,962
Commitments and contingencies (Notes 4 and 5)
Shareholders' equity:    
Preferred stock, $.01 par value; authorized — 5 shares; issued and outstanding — none $ 0 $ 0
Common stock, $.01 par value; authorized — 450 shares; issued — 261 shares; outstanding — 231 and 230 shares, respectively 3 3
Additional paid-in capital 2,407 2,428
Accumulated other comprehensive income (loss) (44) (20)
Retained earnings 9,273 9,107
Treasury stock — common shares at cost; 30 and 31 shares, respectively (2,303) (2,299)
Total shareholders' equity 9,336 9,219
Total liabilities and shareholders' equity $ 15,261 $ 15,181