XML 20 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONTRACT ASSETS AND CONTRACT LIABILITIES (Tables)
 6 Months Ended
Jan. 03, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Contract Liabilities
Contract assets and contract liabilities are summarized below:
 
January 3, 2020
 
June 28, 2019
 
June 29, 2018
 
 
 
 
 
 
 
(In millions)
Contract assets
$
2,459

 
$
807

 
$
782

Contract liabilities, current
(1,214
)
 
(496
)
 
(372
)
Contract liabilities, noncurrent(1)
(87
)
 
(42
)
 
(35
)
Net contract assets
$
1,158

 
$
269

 
$
375

_______________
(1)
The non-current portion of contract liabilities is included as a component of the “Other long-term liabilities” line item in our Consolidated Balance Sheet.
The components of contract assets are summarized below:
 
January 3, 2020
 
June 28, 2019
 
June 29, 2018
 
 
 
 
 
 
 
(In millions)
Unbilled contract receivables, gross
$
3,690

 
$
916

 
$
881

Progress payments
(1,231
)
 
(109
)
 
(99
)
 
$
2,459

 
$
807

 
$
782