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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Millions
12 Months Ended
Jun. 28, 2019
Jun. 29, 2018
Jun. 30, 2017
Revenue from product sales and services      
Revenue $ 6,801 $ 6,168 $ 5,897
Cost of product sales and services      
Cost of revenue (4,467) (4,066) (3,854)
Engineering, selling and administrative expenses (1,242) (1,182) (1,150)
Non-operating income 188 156 166
Interest income 2 2 2
Interest expense (169) (170) (172)
Income from continuing operations before income taxes 1,113 908 889
Income taxes (160) (206) (261)
Income from continuing operations 953 702 628
Discontinued operations, net of income taxes (4) (3) (85)
Net income $ 949 $ 699 $ 543
Basic      
Continuing operations (in dollars per share) $ 8.06 $ 5.90 $ 5.11
Discontinued operations (in dollars per share) (0.03) (0.02) (0.69)
Total basic net income per common share (in dollars per share) 8.03 5.88 4.42
Diluted      
Continuing operations (in dollars per share) 7.89 5.78 5.04
Discontinued operations (in dollars per share) (0.03) (0.02) (0.68)
Total diluted net income per common share (in dollars per share) $ 7.86 $ 5.76 $ 4.36
Product      
Revenue from product sales and services      
Revenue $ 5,638 $ 5,038 $ 4,667
Cost of product sales and services      
Cost of revenue (3,615) (3,239) (3,058)
Services      
Revenue from product sales and services      
Revenue 1,163 1,130 1,230
Cost of product sales and services      
Cost of revenue $ (852) $ (827) $ (796)