Income Tax Expense (Tables)

3 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

The following table presents the Company’s Income tax expense and the effective tax rate:

	Three Months Ended
	September 30, 2022			October 1, 2021
	($ in millions)
Income before taxes	$	84		$	704
Income tax expense	57			94
Effective tax rate	68		%	13		%

Schedule of Income Tax Contingencies

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits excluding accrued interest and penalties for the three months ended September 30, 2022 (in millions):

Accrual balance at July 1, 2022	$	1,047
Gross increases related to current year tax positions	2
Gross decreases related to prior year tax positions	(18)
Settlements	(2)
Lapse of statute of limitations	(3)
Accrual balance at September 30, 2022	$	1,026