Condensed Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Dec. 30, 2016	Jul. 01, 2016
Current Assets
Cash and cash equivalents	$ 361	$ 487
Receivables	762	871
Inventories	1,001	950
Income taxes receivable	11	58
Other current assets	133	130
Current assets of discontinued operations	344	112
Total current assets	2,612	2,608
Non-current Assets
Property, plant and equipment	908	943
Goodwill	5,848	5,839
Other intangible assets	1,437	1,518
Non-current deferred income taxes	550	552
Other non-current assets	263	254
Non-current assets of discontinued operations	0	279
Total non-current assets	9,006	9,385
Total assets	11,618	11,993
Current Liabilities
Short-term debt	183	15
Accounts payable	540	591
Compensation and benefits	130	166
Other accrued items	340	400
Advance payments and unearned income	260	314
Income taxes payable	15	6
Current portion of long-term debt	130	382
Current liabilities of discontinued operations	67	91
Total current liabilities	1,665	1,965
Non-current Liabilities
Defined benefit plans	2,144	2,296
Long-term debt, net	4,087	4,120
Non-current deferred income taxes	4	4
Other long-term liabilities	560	525
Non-current liabilities of discontinued operations	0	26
Total non-current liabilities	6,795	6,971
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 124,277,167 shares at December 30, 2016 and 124,643,407 shares at July 1, 2016	124	125
Other capital	2,061	2,096
Retained earnings	1,495	1,330
Accumulated other comprehensive loss	(523)	(495)
Total shareholders’ equity	3,157	3,056
Noncontrolling interests	1	1
Total equity	3,158	3,057
Total liabilities and equity	$ 11,618	$ 11,993