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Pensions and Other Post-Retirement Benefit Plans (Tables)
9 Months Ended
Apr. 02, 2021
Retirement Benefits [Abstract]  
Obligations and Funded Status
The following table presents the unfunded status of the benefit obligations for the Pension Plans:
April 2,
2021
July 3,
2020
(in millions)
Benefit obligation at end of period$366 $366 
Fair value of plan assets at end of period213 215 
Unfunded status$153 $151 
Unfunded Amounts Recognized on Consolidated Balance Sheets
The following table presents the unfunded amounts related to the Pension Plans as recognized on the Company’s Condensed Consolidated Balance Sheets:
April 2,
2021
July 3,
2020
(in millions)
Current liabilities$$
Non-current liabilities152 150 
Net amount recognized$153 $151