XML 58 R11.htm IDEA: XBRL DOCUMENT

Inventories

6 Months Ended

Dec. 28, 2013

INVENTORIES

Inventories are stated at the lower of cost or market and are summarized as follows (in millions):



	December 28, 2013		June 29, 2013
Finished goods	$	341.7	$	333.9
Work in process	174.0		182.4
Raw materials	186.6		187.6
Total inventories	$	702.3	$	703.9

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details