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BUSINESS SEGMENTS (Tables)
 12 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Summary by business segment and geographical area
Total assets by business segment is as follows:
Total Assets
 
2017
 
2016
 
 
 
 
 
(In millions)
 
 
 
 
Communication Systems
$
1,534

 
$
1,667

Electronic Systems
4,094

 
4,094

Space and Intelligence Systems
2,117

 
2,149

Corporate (1)(2)
2,345

 
4,099

 
$
10,090

 
$
12,009

 
 
 
 
 
(1)
Identifiable intangible assets acquired in connection with our acquisition of Exelis in the fourth quarter of fiscal 2015 were recorded as Corporate assets because they benefited the entire Company as opposed to any individual segment. Exelis identifiable intangible asset balances of continuing operations recorded as Corporate assets were approximately $1.1 billion and $1.2 billion as of June 30, 2017 and July 1, 2016, respectively.
(2)
Corporate assets primarily consisted of cash, income taxes receivable, deferred income taxes, deferred compensation plan investments, buildings and equipment and identifiable intangibles, and also included any assets and liabilities from discontinued operations. See Note 3: Discontinued Operations and Divestitures for additional information regarding discontinued operations.

Other selected financial information by business segment and geographical area is summarized below:
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
(In millions)
Capital Expenditures
 
 
 
 
 
Communication Systems
$
14

 
$
16

 
$
26

Electronic Systems
40

 
40

 
29

Space and Intelligence Systems
34

 
38

 
52

Corporate
27

 
41

 
7

Discontinued operations
4

 
19

 
34

 
$
119

 
$
154

 
$
148

Depreciation and Amortization
 
 
 
 
 
Communication Systems
$
64

 
$
63

 
$
65

Electronic Systems
29

 
56

 
36

Space and Intelligence Systems
37

 
40

 
32

Corporate
142

 
124

 
27

Discontinued operations
39

 
78

 
84

 
$
311

 
$
361

 
$
244

Geographical Information for Continuing Operations
 
 
 
 
 
U.S. operations:
 
 
 
 
 
Revenue
$
5,639

 
$
5,798

 
$
3,756

Long-lived assets
$
896

 
$
917

 
$
1,020

International operations:
 
 
 
 
 
Revenue
$
261

 
$
194

 
$
129

Long-lived assets
$
8

 
$
7

 
$
11
Revenue and income before income taxes by segment
Segment revenue, segment operating income and a reconciliation of segment operating income to total income from continuing operations before income taxes are as follows:
Revenue
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
(In millions)
Communication Systems
$
1,753

 
$
1,864

 
$
1,836

Electronic Systems
2,251

 
2,233

 
1,019

Space and Intelligence Systems
1,902

 
1,899

 
1,007

Corporate eliminations
(6
)
 
(4
)
 
23

 
$
5,900

 
$
5,992

 
$
3,885


Income From Continuing Operations Before Income Taxes
 
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
 
 
(In millions)
Segment Operating Income:(1)
 
 
 
 
 
Communication Systems (2)
$
524

 
$
522

 
$
553

Electronic Systems
464

 
430

 
163

Space and Intelligence Systems
311

 
288

 
136

Unallocated corporate expense (3)
(223
)
 
(180
)
 
(210
)
Corporate eliminations
(3
)
 
(5
)
 
(10
)
Non-operating income (loss) (4)
2

 
10

 
(108
)
Net interest expense
(170
)
 
(181
)
 
(128
)
 
 
$
905

 
$
884

 
$
396

 
 
 
 
 
 
 
(1)
Segment operating income includes stranded costs and Financial Accounting Standards (“FAS”) pension income previously reported as part of our former Critical Networks segment but now re-allocated to our remaining three segments.
(2)
Communication Systems operating income in fiscal 2016 included $20 million of charges primarily related to workforce reductions, facility consolidation and other items. We recorded $14 million of these charges in the “Cost of product sales and services” line item and the remaining $6 million of these charges in the “Engineering, selling and administrative expenses” line item in the accompanying Consolidated Statement of Income.
(3)
Unallocated corporate expense included: (i) the impact of a net liability reduction of $101 million in fiscal 2016 for certain post-employment benefit plans, (ii) $58 million and $121 million of Exelis acquisition-related and other charges in fiscal 2017 and fiscal 2016, respectively, and (iii) $109 million of expense in each of fiscal 2017 and fiscal 2016 for amortization of identifiable intangible assets acquired as a result of our acquisition of Exelis. Because the acquisition of Exelis benefited the entire Company as opposed to any individual segment, the amortization of identifiable intangible assets acquired in the Exelis acquisition was recorded as unallocated corporate expense.
(4)
Non-operating income (loss) in fiscal 2015 included loss on prepayment of long-term debt. Additional information regarding non-operating income (loss) is set forth in Note 21: Non-Operating Income (Loss).