Inventories

9 Months Ended

Mar. 30, 2018

Inventory Disclosure [Abstract]

Inventories

Note G — Inventories

Inventories are summarized below:

	March 30, 2018		June 30, 2017
	(In millions)
Unbilled costs and accrued earnings on fixed-price contracts	$	544	$	454
Finished products	101		96
Work in process	113		96
Raw materials and supplies	205		195
	$	963	$	841

Unbilled costs and accrued earnings on fixed-price contracts were net of progress payments of $89 million and $90 million at March 30, 2018 and June 30, 2017, respectively.