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Pensions and Other Post-Retirement Benefit Plans (Tables)
6 Months Ended
Dec. 31, 2021
Retirement Benefits [Abstract]  
Schedule of Obligations and Funded Status The following table presents the unfunded status of the benefit obligations for the Pension Plans:
December 31,
2021
July 2,
2021
(in millions)
Benefit obligation at end of period$353 $359 
Fair value of plan assets at end of period223 227 
Unfunded status$130 $132 
Schedule of Unfunded Amounts Recognized on Consolidated Balance Sheets The following table presents the unfunded amounts related to the Pension Plans as recognized on the Company’s Condensed Consolidated Balance Sheets:
December 31,
2021
July 2,
2021
(in millions)
Current liabilities$$
Non-current liabilities129 131 
Net amount recognized$130 $132