Condensed Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Apr. 01, 2016	Jul. 03, 2015
Current Assets
Cash and cash equivalents	$ 302	$ 481
Receivables	1,054	1,168
Inventories	992	1,015
Income taxes receivable	144	87
Deferred compensation plan investments	14	267
Other current assets	139	165
Assets of disposal group held for sale	221	0
Total current assets	2,866	3,183
Non-current Assets
Property, plant and equipment	1,007	1,165
Goodwill	5,940	6,348
Other intangible assets	1,576	1,775
Non-current deferred income taxes	362	502
Other non-current assets	149	154
Total non-current assets	9,034	9,944
Total assets	11,900	13,127
Current Liabilities
Short-term debt	91	33
Accounts payable	529	581
Compensation and benefits	187	255
Other accrued items	387	490
Advance payments and unearned income	328	433
Income taxes payable	14	57
Deferred compensation plan liabilities	7	267
Current portion of long-term debt	383	130
Liabilities of disposal group held for sale	30	28
Liabilities of disposal group held for sale	56	0
Total current liabilities	2,012	2,274
Non-current Liabilities
Defined benefit plans	1,716	1,943
Long-term debt	4,319	5,053
Non-current deferred income taxes	8	12
Other long-term liabilities	478	443
Total non-current liabilities	6,521	7,451
Shareholders’ Equity:
Preferred stock, without par value; 1,000,000 shares authorized; none issued	0	0
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 124,481,216 shares at April 1, 2016 and 123,675,756 shares at July 3, 2015	124	124
Other capital	2,080	2,031
Retained earnings	1,232	1,258
Accumulated other comprehensive loss	(70)	(16)
Total shareholders’ equity	3,366	3,397
Noncontrolling interests	1	5
Total equity	3,367	3,402
Total liabilities and equity	$ 11,900	$ 13,127