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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Millions
12 Months Ended
Jun. 29, 2018
Jun. 30, 2017
Jul. 01, 2016
Revenue from product sales and services      
Revenue $ 6,182 $ 5,900 $ 5,992
Cost of product sales and services      
Costs of revenue (3,931) (3,734) (3,832)
Engineering, selling and administrative expenses (1,129) (1,093) (1,105)
Operating income 1,122 1,073 1,055
Non-operating income (loss) (28) 2 10
Interest income 2 2 2
Interest expense (170) (172) (183)
Income from continuing operations before income taxes 926 905 884
Income taxes (205) (267) (273)
Income from continuing operations 721 638 611
Discontinued operations, net of income taxes (3) (85) (287)
Net income $ 718 $ 553 $ 324
Basic      
Continuing operations (in dollars per share) $ 6.06 $ 5.19 $ 4.91
Discontinued operations (in dollars per share) (0.02) (0.69) (2.30)
Total basic net income per common share (in dollars per share) 6.04 4.50 2.61
Diluted      
Continuing operations (in dollars per share) 5.94 5.12 4.87
Discontinued operations (in dollars per share) (0.02) (0.68) (2.28)
Total diluted net income per common share (in dollars per share) $ 5.92 $ 4.44 $ 2.59
Product      
Revenue from product sales and services      
Revenue $ 5,062 $ 4,667 $ 4,814
Cost of product sales and services      
Costs of revenue (3,106) (2,964) (3,079)
Service      
Revenue from product sales and services      
Revenue 1,120 1,233 1,178
Cost of product sales and services      
Costs of revenue $ (825) $ (770) $ (753)