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Foreign Exchange Contracts (Tables)
9 Months Ended
Apr. 01, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value and Balance Sheet Location of Contracts
The fair value and balance sheet location of the Company's foreign exchange contracts as of April 1, 2016 and July 3, 2015 were as follows (in millions):
 
Asset Derivatives
Liability Derivatives
  
April 1, 2016
July 3, 2015
April 1, 2016
July 3, 2015
Derivatives Designated as
Hedging Instruments
Balance Sheet
Location
Fair
Value
Balance Sheet
Location
Fair
Value
Balance Sheet
Location
Fair
Value
Balance Sheet
Location
Fair
Value
Foreign exchange contracts
Other current assets
$
31

Other current assets
$

Accrued expenses
$

Accrued expenses
$
31

Offsetting Assets and Liabilities [Table Text Block]
The following table presents the gross amounts of the Company's derivative instruments, amounts offset due to master netting arrangements with the Company's various counterparties and the net amounts recognized in the condensed consolidated balance sheet as of April 1, 2016 (in millions):
Derivatives Designated as
Hedging Instruments
Gross Amounts of Recognized
Assets (Liabilities)
 
Gross Amounts Offset
in the Balance Sheet
 
Net Amounts of Assets
Presented in the Balance Sheet
Foreign exchange contracts
 
 
 
 
 
  Financial assets
$
34

 
$
(3
)
 
$
31

  Financial liabilities
(3
)
 
3

 

    Total derivative instruments
$
31

 
$

 
$
31


Gains (Losses) of Derivatives in Cash Flow Hedging Relationships
The impact of foreign exchange contracts on the condensed consolidated financial statements was as follows (in millions):
 
Amount of Gain (Loss) Recognized in Accumulated OCI on Derivatives
Location of
Gain (Loss) Reclassified from Accumulated OCI into Income
Amount of (Gain) Loss Reclassified From Accumulated OCI into Income
Derivatives in Cash
Flow Hedging Relationships
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Nine Months Ended
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Nine Months Ended
April 1,
2016
 
April 3,
2015
April 1,
2016
 
April 3,
2015
Foreign exchange contracts
$
31

 
$
(9
)
 
$
19

 
$
(39
)
Cost of revenue
$
8

 
$
61

 
$
10

 
$
24