CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 01, 2016	Jul. 03, 2015
Current assets:
Cash and cash equivalents	$ 5,887	$ 5,024
Short-term investments	146	262
Accounts receivable, net	1,254	1,532
Inventories	1,227	1,368
Other current assets	226	331
Total current assets	8,740	8,517
Property, plant and equipment, net	2,687	2,965
Goodwill	2,766	2,766
Other intangible assets, net	268	332
Other non-current assets	486	601
Total assets	14,947	15,181
Current liabilities:
Accounts payable	1,571	1,881
Accrued expenses	579	470
Accrued compensation	282	330
Accrued warranty	146	150
Revolving Credit Facility	0	255
Current portion of long-term debt	203	156
Total current liabilities	2,781	3,242
Long-term debt	2,000	2,156
Other liabilities	557	564
Total liabilities	$ 5,338	$ 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 — 233 and 230 shares, respectively	3	3
Additional paid-in capital	2,454	2,428
Accumulated other comprehensive income (loss)	32	(20)
Retained earnings	9,363	9,107
Treasury stock — common shares at cost; 28 and 31 shares, respectively	(2,243)	(2,299)
Total shareholders' equity	9,609	9,219
Total liabilities and shareholders' equity	$ 14,947	$ 15,181