Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 28, 2013	Jun. 29, 2013
Assets
Cash and equivalents	$ 205	$ 400
Short term investments	192	0
Trade accounts receivable, less allowances	221	219
Inventories
Finished goods	185	207
Work in process	14	15
Materials and supplies	77	91
Inventory, Net, Total	276	313
Current deferred income taxes	98	71
Income tax receivable	0	18
Other current assets	80	85
Total current assets	1,072	1,106
Property, net of accumulated depreciation of $1,238 and $1,185, respectively	811	818
Trademarks and other identifiable intangibles, net	136	121
Goodwill	371	348
Deferred income taxes	62	20
Other noncurrent assets	22	21
Assets, Total	2,474	2,434
Liabilities and Equity
Accounts payable	266	295
Accrued liabilities	324	357
Current maturities of long-term debt	108	19
Total current liabilities	698	671
Long-term debt	840	932
Pension obligation	112	119
Other liabilities	256	228
Contingencies and commitments (Note 10)
Equity
Hillshire Brands common stockholders’ equity	568	484
Liabilities and Equity, Total	$ 2,474	$ 2,434