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Balance Sheet Information (Tables)
6 Months Ended
Jan. 01, 2016
Disclosure Text Block Supplement [Abstract]  
Summary of fair value and amortized cost of investments, by major type
(Dollars in millions)
 
Amortized
Cost
 
Unrealized
Gain/(Loss)
 
Fair
Value
Available-for-sale securities:
 
 

 
 

 
 

Money market funds
 
$
1,203

 
$

 
$
1,203

Certificates of deposit
 
867

 

 
867

Corporate bonds
 
6

 

 
6

Total
 
$
2,076

 
$

 
$
2,076

 
 
 
 
 
 
 
Included in Cash and cash equivalents
 
 

 
 

 
$
2,063

Included in Short-term investments
 
 

 
 

 
6

Included in Other current assets
 
 

 
 

 
7

Total
 
 

 
 

 
$
2,076

(Dollars in millions)
 
Amortized
Cost
 
Unrealized
Gain/(Loss)
 
Fair
Value
Available-for-sale securities:
 
 

 
 

 
 

Money market funds
 
$
212

 
$

 
$
212

Certificates of deposit
 
165

 

 
165

Corporate bonds
 
6

 

 
6

 
 
$
383

 
$

 
$
383

 
 
 
 
 
 
 
Included in Cash and cash equivalents
 
 

 
 

 
$
370

Included in Short-term investments
 
 

 
 

 
6

Included in Other current assets
 
 

 
 

 
7

Total
 
 

 
 

 
$
383

Fair value and amortized cost of available-for-sale securities by contractual maturity
(Dollars in millions)
 
Amortized
Cost
 
Fair
Value
Due in less than 1 year
 
$
377

 
$
377

Due in 1 to 5 years
 
6

 
6

Thereafter
 

 

Total
 
$
383

 
$
383

Inventories
(Dollars in millions)
 
January 1,
2016
 
July 3,
2015
Raw materials and components
 
$
330

 
$
352

Work-in-process
 
281

 
239

Finished goods
 
435

 
402

 
 
$
1,046

 
$
993

Property, Equipment and Leasehold Improvements, net
(Dollars in millions)
 
January 1,
2016
 
July 3,
2015
Property, equipment and leasehold improvements
 
$
9,845

 
$
9,630

Accumulated depreciation and amortization
 
(7,615
)
 
(7,352
)
 
 
$
2,230

 
$
2,278

Schedule of accumulated other comprehensive income (loss)
(Dollars in millions)
 
Unrealized Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Marketable Securities (a)
 
Unrealized Gains (Losses) on post-retirement plans
 
Foreign currency translation adjustments
 
Total
Balance at July 3, 2015
 
$
1

 
$

 
$
(15
)
 
$
(16
)
 
$
(30
)
Other comprehensive income (loss) before reclassifications
 
(2
)
 

 
1

 
(3
)
 
(4
)
Amounts reclassified from AOCI
 
2

 

 

 

 
2

Other comprehensive income (loss)
 

 

 
1

 
(3
)
 
(2
)
Balance at January 1, 2016
 
$
1

 
$

 
$
(14
)
 
$
(19
)
 
$
(32
)
 
 
 
 
 
 
 
 
 
 
 
Balance at June 27, 2014
 
$
(1
)
 
$

 
$
(10
)
 
$
9

 
$
(2
)
Other comprehensive income (loss) before reclassifications
 
(9
)
 

 

 
(16
)
 
(25
)
Amounts reclassified from AOCI
 
2

 

 

 

 
2

Other comprehensive income (loss)
 
(7
)
 

 

 
(16
)
 
(23
)
Balance at January 2, 2015
 
$
(8
)
 
$

 
$
(10
)
 
$
(7
)
 
$
(25
)
___________________________________________
(a)The cost of a security sold or the amount reclassified out of AOCI into earnings was determined using specific identification.