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Business Segments (Tables)
 9 Months Ended
Mar. 30, 2018
Segment Reporting [Abstract]  
Schedule of Total Segment Revenue and Operating Income Reconciliation
Segment revenue, segment operating income and a reconciliation of segment operating income to total income from continuing operations before income taxes are as follows:
 
 
Quarter Ended
 
Three Quarters Ended
 
 
March 30, 2018
 
March 31, 2017
 
March 30, 2018
 
March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
(In millions)
Revenue
 
 
 
 
 
 
 
Communication Systems
$
481

 
$
461

 
$
1,380

 
$
1,304

Electronic Systems
609

 
553

 
1,733

 
1,660

Space and Intelligence Systems
482

 
475

 
1,413

 
1,396

Corporate eliminations
(4
)
 
—

 
(10
)
 
(2
)
 
$
1,568

 
$
1,489

 
$
4,516

 
$
4,358

Income From Continuing Operations Before Income Taxes
Segment Operating Income:(1)
 
 
 
 
 
 
 
Communication Systems
$
147

 
$
140

 
$
409

 
$
379

Electronic Systems
112

 
115

 
322

 
360

Space and Intelligence Systems
82

 
76

 
250

 
231

Unallocated corporate expense and corporate eliminations(2)
(85
)
 
(56
)
 
(181
)
 
(172
)
Non-operating income (loss)
—

 
—

 
(2
)
 
2

Net interest expense
(41
)
 
(42
)
 
(123
)
 
(129
)
 
$
215

 
$
233

 
$
675

 
$
671

 
 
 
 
 
 
 
 
 
(1)
Segment operating income for the quarter and three quarters ended March 31, 2017 included 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)
Unallocated corporate expense and corporate eliminations included: (i) $45 million of charges related to our decision to transition and exit a commercial air-to-ground LTE radio communications line of business in the quarter and three quarters ended March 30, 2018 (see Note D — Restructuring and Other Exit Costs in these Notes for additional information), (ii) a $12 million adjustment for deferred compensation in the three quarters ended March 30, 2018, (iii) $8 million and $38 million of Exelis acquisition-related charges in the quarter and three quarters ended March 31, 2017, respectively, and (iv) $25 million and $75 million of expense in the quarter and three quarters ended March 30, 2018, respectively, compared with $27 million and $82 million of expense in the quarter and three quarters ended March 31, 2017, respectively, 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. Corporate eliminations of intersegment profits were not material in the quarter and three quarters ended March 30, 2018 or in the quarter and three quarters ended March 31, 2017.
Schedule of Total Segment Assets Reconciliation
Total assets by business segment are summarized below:
 
 
March 30, 2018
 
June 30, 2017
 
 
 
 
 
 
 
(In millions)
Total Assets
 
 
 
Communication Systems
$
1,592

 
$
1,534

Electronic Systems
4,177

 
4,094

Space and Intelligence Systems
2,190

 
2,117

Corporate(1)
2,111

 
2,345

 
 
$
10,070

 
$
10,090

 
 
 
 
 
(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 benefit the entire Company as opposed to any individual segment. Exelis identifiable intangible asset balances recorded as Corporate assets were approximately $1 billion as of March 30, 2018 and June 30, 2017. Corporate assets also consisted of cash, income taxes receivable, deferred income taxes, deferred compensation plan assets and buildings and equipment.