CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 29, 2018	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 288	$ 484
Receivables	735	623
Inventories	925	841
Income taxes receivable	174	24
Other current assets	101	101
Total current assets	2,223	2,073
Non-current Assets
Property, plant and equipment	900	904
Goodwill	5,372	5,366
Other intangible assets	989	1,104
Non-current deferred income taxes	116	409
Other non-current assets	239	234
Total non-current assets	7,616	8,017
Total assets	9,839	10,090
Current Liabilities
Short-term debt	78	80
Accounts payable	622	540
Compensation and benefits	142	140
Other accrued items	313	329
Advance payments and unearned income	314	252
Income taxes payable	15	31
Current portion of long-term debt, net	304	554
Total current liabilities	1,788	1,926
Non-current Liabilities
Defined benefit plans	714	1,278
Long-term debt, net	3,408	3,396
Non-current deferred income taxes	90	34
Other long-term liabilities	517	528
Total non-current liabilities	4,729	5,236
Shareholders’ Equity:
Preferred stock, without par value; 1,000,000 shares authorized; none issued	0	0
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 118,280,120 shares at June 29, 2018 and 119,628,884 shares at June 30, 2017	118	120
Other capital	1,714	1,741
Retained earnings	1,692	1,343
Accumulated other comprehensive loss	(202)	(276)
Total shareholders’ equity	3,322	2,928
Total liabilities and equity	$ 9,839	$ 10,090