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Consolidated Balance Sheet (USD $)
In Millions
Jul. 01, 2011
Jul. 02, 2010
Current Assets    
Cash and cash equivalents $ 366.9 $ 455.2
Receivables 836.5 736.0
Inventories 720.8 615.3
Income taxes receivable 57.3 15.3
Current deferred income taxes 171.0 145.3
Other current assets 64.3 37.5
Total current assets 2,216.8 2,004.6
Non-current Assets    
Property, plant and equipment 872.8 609.7
Goodwill 2,381.4 1,576.2
Intangible assets 502.4 297.8
Non-current deferred income taxes 5.7 107.7
Other non-current assets 193.7 147.6
Total non-current assets 3,956.0 2,739.0
Total assets 6,172.8 4,743.6
Current Liabilities    
Short-term debt 180.0 30.0
Accounts payable 450.8 329.4
Compensation and benefits 266.2 239.7
Other accrued items 295.8 267.5
Advance payments and unearned income 232.8 175.6
Income taxes payable 0 8.9
Current portion of long-term debt 4.9 0.7
Total current liabilities 1,430.5 1,051.8
Non-current Liabilities    
Long-term debt 1,887.2 1,176.6
Long-term contract liability 120.9 132.4
Other long-term liabilities 222.2 192.7
Total non-current liabilities 2,230.3 1,501.7
Shareholders' Equity:    
Preferred stock, without par value; 1,000,000 shares authorized; none issued 0 0
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 123,118,804 shares at July 1, 2011 and 127,460,307 shares at July 2, 2010 123.1 127.5
Other capital 471.2 461.1
Retained earnings 1,889.0 1,621.4
Accumulated other comprehensive income 18.7 (20.4)
Total shareholders' equity 2,502.0 2,189.6
Noncontrolling interests 10.0 0.5
Total equity 2,512.0 2,190.1
Total liabilities and equity $ 6,172.8 $ 4,743.6