Condensed Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Sep. 30, 2016	Jul. 01, 2016
Current Assets
Cash and cash equivalents	$ 284	$ 487
Receivables	976	937
Inventories	962	964
Income taxes receivable	21	62
Other current assets	182	158
Total current assets	2,425	2,608
Non-current Assets
Property, plant and equipment	988	1,015
Goodwill	5,994	5,975
Other intangible assets	1,501	1,542
Non-current deferred income taxes	610	598
Other non-current assets	260	258
Total non-current assets	9,353	9,388
Total assets	11,778	11,996
Current Liabilities
Short-term debt	19	15
Accounts payable	508	602
Compensation and benefits	166	177
Other accrued items	439	428
Advance payments and unearned income	289	319
Income taxes payable	49	11
Current portion of long-term debt	380	382
Liabilities of discontinued operations	6	30
Total current liabilities	1,856	1,964
Non-current Liabilities
Defined benefit plans	2,199	2,296
Long-term debt, net	4,087	4,120
Non-current deferred income taxes	5	9
Other long-term liabilities	577	550
Total non-current liabilities	6,868	6,975
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 124,085,427 shares at September 30, 2016 and 124,643,407 shares at July 1, 2016	124	125
Other capital	2,042	2,096
Retained earnings	1,384	1,330
Accumulated other comprehensive loss	(497)	(495)
Total shareholders’ equity	3,053	3,056
Noncontrolling interests	1	1
Total equity	3,054	3,057
Total liabilities and equity	$ 11,778	$ 11,996