Inventories

6 Months Ended

Dec. 29, 2017

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories are summarized below:

	December 29, 2017		June 30, 2017
	(In millions)
Unbilled costs and accrued earnings on fixed-price contracts	$	532	$	454
Finished products	90		96
Work in process	111		96
Raw materials and supplies	209		195
	$	942	$	841

Unbilled costs and accrued earnings on fixed-price contracts were net of progress payments of $113 million and $90 million at December 29, 2017 and June 30, 2017, respectively.