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Business Segment Information (Tables)
 3 Months Ended
Sep. 27, 2019
Segment Reporting [Abstract]  
Schedule of Revenue and Reconciliation of Income From Continuing Operations Before Taxes by Segment
Segment revenue, segment operating income and a reconciliation of segment operating income to total income from continuing operations before income taxes are as follows:
 
Quarter Ended
 
September 27, 2019

September 28, 2018
 
 
 
 
 
(In millions)
Revenue
 
 
 
Integrated Mission Systems
$
1,303

 
$
12

Space and Airborne Systems
1,162

 
840

Communication Systems
1,032

 
480

Aviation Systems
948

 
172

Other non-reportable business segments(1)
23

 
39

Corporate eliminations
(37
)
 
(1
)
 
$
4,431

 
$
1,542

Income From Continuing Operations Before Income Taxes
 
 
 
Segment Operating Income:
 
 
 
Integrated Mission Systems
$
180

 
$
2

Space and Airborne Systems
226

 
156

Communication Systems
234

 
137

Aviation Systems
127

 
24

Other business activities and non-reportable business segments(2)
(93
)
 
6

Merger, acquisition and divestiture-related expenses and losses
(281
)
 
—

Amortization of acquisition-related intangibles(3)
(123
)
 
(25
)
Gain on sale of business
229

 
—

Pension adjustment
(80
)
 
(47
)
Non-operating income
79

 
47

Net interest expense
(58
)
 
(43
)
 
$
440

 
$
257

_______________    
(1)
Includes Harris Night Vision business revenues prior to the date of divestiture on September 13, 2019. See Note C — Business Divestitures and Asset Sales in these Notes for more information.
(2)
Includes $92 million of additional cost of sales related to the fair value step-up in inventory sold (see Note C — Business Divestitures and Asset Sales and Note B — Business Combination in these Notes for more information), a $12 million gain on the sale of an asset group and a $12 million non-cash cumulative adjustment to lease expense for the quarter ended September 27, 2019.
(3)
Includes $25 million of amortization of identifiable intangible assets acquired as a result of our acquisition of Exelis Inc. for the quarters ended September 27, 2019 and September 28, 2018 and $98 million of amortization of identifiable intangible assets acquired as a result of the L3Harris Merger. for the quarter ended September 27, 2019. Because the acquisition of Exelis Inc. and the L3Harris Merger benefited the entire Company as opposed to any individual segment, the amortization of identifiable intangible assets acquired was not allocated to any segment.
Schedule of Disaggregation of Revenue by Segment
Disaggregation of Revenue
Integrated Mission Systems: Integrated Mission Systems revenue is primarily derived from U.S. Government development and production contracts and is generally recognized over time using the POC cost-to-cost revenue recognition method. We disaggregate Integrated Mission Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Integrated Mission Systems revenue and cash flows are affected by economic factors:
 
Quarter Ended
 
September 27, 2019
 
September 28, 2018
 
 
 
 
 
(In millions)
Revenue By Customer Relationship
 
 
 
Prime contractor
$
890

 
$
6

Subcontractor
413

 
6


$
1,303

 
$
12

Revenue By Contract Type
 
 
 
Fixed-price(1)
$
1,021

 
$
12

Cost-reimbursable
282

 
—


$
1,303

 
$
12

Revenue By Geographical Region
 
 
 
United States
$
1,074

 
$
9

International
229

 
3

 
$
1,303

 
$
12

_______________
(1) Includes revenue derived from time-and-materials contracts.
Space and Airborne Systems: Space and Airborne Systems revenue is primarily derived from U.S. Government development and production contracts and is generally recognized over time using the POC cost-to-cost revenue recognition method. We disaggregate Space and Airborne Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Space and Airborne Systems revenue
and cash flows are affected by economic factors:
 
Quarter Ended
 
September 27, 2019
 
September 28, 2018
 
 
 
 
 
(In millions)
Revenue By Customer Relationship
 
 
 
Prime contractor
$
697

 
$
510

Subcontractor
465

 
330

 
$
1,162

 
$
840

Revenue By Contract Type
 
 
 
Fixed-price(1)
$
691

 
$
473

Cost-reimbursable
471

 
367

 
$
1,162

 
$
840

Revenue By Geographical Region
 
 
 
United States
$
1,015

 
$
714

International
147

 
126

 
$
1,162

 
$
840

_______________
(1) Includes revenue derived from time-and-materials contracts.

Communication Systems: Communication Systems revenue is primarily derived from fixed-price contracts and is generally recognized at the point in time when products are received and accepted by the customer for standard products offered to multiple customers and over time for customer-specific products, systems and services. We disaggregate Communication Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Communication Systems revenue and cash flows are affected by economic factors:
 
Quarter Ended
 
September 27, 2019

September 28, 2018
 
 
 
 
 
(In millions)
Revenue By Customer Relationship(1)
 
 
 
Prime contractor
$
679

 
 
Subcontractor
353

 
 
 
$
1,032

 
 
Revenue By Contract Type(1)
 
 
 
Fixed-price(2)
$
875

 
 
Cost-reimbursable
157

 
 
 
$
1,032

 
 
Revenue by Geographical Region
 
 
 
United States
$
721


$
221

International
311


259


$
1,032


$
480

______________
(1) Prior to the L3Harris Merger, Communication Systems did not recognize significant revenue for customer-specific products and systems, and currently, such customer arrangements primarily exist at operating businesses acquired in connection with the L3Harris Merger. The “Revenue by Customer Relationship” and “Revenue by Contract Type” disaggregation categories were added beginning in the quarter ended September 27, 2019 to best depict how the nature, amount, timing and uncertainty of revenue and cash flows from these types of customer arrangements are affected by economic factors.
(2) Includes revenue derived from time-and-materials contracts.
Aviation Systems: Aviation Systems revenue is primarily derived from fixed-price contracts and is generally recognized at the point in time when products are received and accepted by the customer for standard products offered to multiple customers and over time for customer-specific products, systems and services. We disaggregate Aviation Systems revenue by customer relationship, contract type and geographical region. We believe these categories best depict how the nature, amount, timing and uncertainty of Aviation Systems revenue and cash flows are affected by economic factors:
 
Quarter Ended
 
September 27, 2019
 
September 28, 2018
 
 
 
 
 
(In millions)
Revenue By Customer Relationship
 
 
 
Prime contractor
$
584

 
$
168

Subcontractor
364

 
4

 
$
948

 
$
172

Revenue By Contract Type
 
 
 
Fixed-price(1)
$
784

 
$
152

Cost-reimbursable
164

 
20

 
$
948

 
$
172

Revenue By Geographical Region
 
 
 
United States
$
724

 
$
162

International
224

 
10

 
$
948

 
$
172

______________
(1) Includes revenue derived from time-and-materials contracts.
Schedule of Total Assets by Segment
Total assets by business segment are summarized below:
 
September 27, 2019
 
June 28, 2019
 
 
 
 
 
(In millions)
Total Assets
 
 
 
Integrated Mission Systems
$
8,666

 
$
87

Space and Airborne Systems
6,767

 
5,027

Communication Systems
5,145

 
1,683

Aviation Systems
8,723

 
1,036

Corporate(1)
9,646

 
2,284

 
$
38,947

 
$
10,117

_______________
(1)
Identifiable intangible assets acquired in connection with our acquisition of Exelis Inc. in fiscal 2015 and the L3Harris Merger in the quarter ended September 27, 2019 were recorded as Corporate assets because they benefited the entire Company as opposed to any individual segment. Identifiable intangible asset balances recorded as Corporate assets were approximately $7.5 billion and $869 million at September 27, 2019 and June 28, 2019, respectively. Corporate assets also consisted of cash, income taxes receivable, deferred income taxes, deferred compensation plan investments, buildings and equipment, as well as any assets and liabilities from discontinued operations and divestitures. See Note C — Business Divestitures and Asset Sales in these Notes for additional information.