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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 29, 2019
Mar. 30, 2018
Operating Activities    
Net income $ 681 $ 486
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of acquisition-related intangibles 87 87
Depreciation and other amortization 106 105
Share-based compensation 107 50
Qualified pension plan contributions 0 (301)
Pension income (102) (101)
(Increase) decrease in:    
Accounts receivable 13 (94)
Contract assets (99) (110)
Inventories (22) (36)
Increase (decrease) in:    
Accounts payable (99) (46)
Contract liabilities 94 58
Income taxes 117 148
Other (9) (16)
Net cash provided by operating activities 874 230
Investing Activities    
Additions of property, plant and equipment (104) (79)
Adjustment to proceeds from sale of business 0 (2)
Net cash used in investing activities (104) (81)
Financing Activities    
Proceeds from borrowings 25 552
Repayments of borrowings (303) (367)
Proceeds from exercises of employee stock options 24 31
Repurchases of common stock (200) (197)
Cash dividends (244) (205)
Other financing activities (24) (10)
Net cash used in financing activities (722) (196)
Effect of exchange rate changes on cash and cash equivalents (2) 6
Net increase (decrease) in cash and cash equivalents 46 (41)
Cash and cash equivalents, beginning of year 288 484
Cash and cash equivalents, end of quarter $ 334 $ 443