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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 501 $ 422
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 117 140
Amortization of intangible assets from Exelis Inc. acquisition 75 99
Share-based compensation 50 33
Qualified pension plan contributions (301) (143)
Pension income (101) (73)
Impairment of goodwill and other assets 0 240
Gain on sale of business 0 (23)
(Increase) decrease in:    
Accounts receivable (120) 14
Inventories (122) (26)
Increase (decrease) in:    
Accounts payable (46) (100)
Advance payments and unearned income 45 (62)
Income taxes 146 (19)
Other (14) (13)
Net cash provided by operating activities 230 489
Investing Activities    
Additions of property, plant and equipment (79) (79)
Proceeds from sale of business, net 0 375
Adjustment to proceeds from sale of business (2) (25)
Net cash provided by (used in) investing activities (81) 271
Financing Activities    
Net proceeds from borrowings 552 235
Repayments of borrowings (367) (548)
Proceeds from exercises of employee stock options 31 50
Repurchases of common stock (197) (460)
Cash dividends (205) (199)
Other financing activities (10) (20)
Net cash used in financing activities (196) (942)
Effect of exchange rate changes on cash and cash equivalents 6 (3)
Net decrease in cash and cash equivalents (41) (185)
Cash and cash equivalents, beginning of year 484 487
Cash and cash equivalents, end of quarter $ 443 $ 302