Inventories

9 Months Ended

Apr. 01, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories are summarized below:

	April 1, 2016		July 3, 2015
	(In millions)
Unbilled costs and accrued earnings on fixed-price contracts	$	524	$	463
Finished products	119		100
Work in process	154		256
Raw materials and supplies	195		196
	$	992	$	1,015

Unbilled costs and accrued earnings on fixed-price contracts were net of progress payments of $65 million at April 1, 2016 and $85 million at July 3, 2015.