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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Dec. 30, 2016
Jan. 01, 2016
Operating Activities    
Net income (loss) $ 337 $ (4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 101 114
Amortization of intangible assets from Exelis Inc. acquisition 66 66
Share-based compensation 22 19
Qualified pension plan contributions (103) (97)
Pension income (49) (12)
Increase (Decrease) in Postemployment Obligations 0 (101)
Asset Impairment Charges 0 367
Adjustment to loss on sales of businesses, net 0 (21)
(Increase) decrease in:    
Accounts receivable 125 220
Inventories (50) (91)
Increase (decrease) in:    
Accounts payable and accrued expenses (132) (128)
Advance payments and unearned income (58) (59)
Income taxes 70 31
Other (34) 41
Net cash provided by operating activities 295 387
Investing Activities    
Net additions of property, plant and equipment (49) (49)
Adjustment to proceeds from sale of business (25) 0
Net cash used in investing activities (74) (49)
Financing Activities    
Proceeds from borrowings 185 209
Repayments of borrowings (300) (395)
Proceeds from exercises of employee stock options 27 33
Repurchases of common stock (100) 0
Cash dividends (134) (127)
Other financing activities (19) (15)
Net cash used in financing activities (341) (295)
Effect of exchange rate changes on cash and cash equivalents (6) (13)
Net increase (decrease) in cash and cash equivalents (126) 30
Cash and cash equivalents, beginning of year 487 481
Cash and cash equivalents, end of quarter $ 361 $ 511