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Accumulated Other Comprehensive Loss
3 Months Ended
Sep. 28, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Note E — Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss are summarized below:
 
September 28, 2018
 
June 29, 2018
 
 
 
 
 
(In millions)
Foreign currency translation, net of income taxes of $2 million at September 28, 2018 and June 29, 2018, respectively
$
(99
)
 
$
(99
)
Net unrealized loss on hedging derivatives, net of income taxes of $6 million and $7 million at September 28, 2018 and June 29, 2018, respectively
(19
)
 
(20
)
Unrecognized postretirement obligations, net of income taxes of $30 million at September 28, 2018 and June 29, 2018, respectively
(84
)
 
(83
)
 
$
(202
)
 
$
(202
)
Accumulated other comprehensive loss at June 29, 2018 reflects a reclassification to retained earnings of $35 million in stranded tax effects as a result of our adoption of an accounting standards update, including $30 million from “Unrecognized postretirement obligation, net of income taxes,” $4 million from “Net unrealized loss on hedging derivatives, net of income taxes” and $1 million from “Foreign currency translation, net of income taxes.” See Note 2: “Accounting Changes or Recent Accounting Pronouncements” in our fiscal 2018 Form 10-K for additional information regarding this accounting standards update.