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ACCUMULATED OTHER COMPRENSIVE LOSS
12 Months Ended
Jun. 28, 2019
Equity [Abstract]  
ACCUMULATED OTHER COMPRENSIVE LOSS
NOTE 21: ACCUMULATED OTHER COMPREHENSIVE LOSS
The components of accumulated other comprehensive loss were as follows:
 
June 28, 2019
 
June 29, 2018
 
 
 
 
 
(In millions)
Foreign currency translation, net of income taxes of $2 million at each of June 28, 2019 and June 29, 2018
$
(106
)
 
$
(99
)
Net unrealized loss on hedging derivatives, net of income taxes of $13 million and $7 million at June 28, 2019 and June 29, 2018, respectively
(38
)
 
(20
)
Unrecognized postretirement obligations, net of income taxes of $188 million and $30 million at June 28, 2019 and June 29, 2018, respectively
(563
)
 
(83
)
 
$
(707
)
 
$
(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.”
Reclassifications to earnings from accumulated other comprehensive loss, other than the reclassification adjustment described above, were not material in fiscal 2019 or 2018.