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RECEIVABLES
 12 Months Ended
Jun. 30, 2017
Receivables [Abstract]  
RECEIVABLES
RECEIVABLES
Receivables are summarized below:
 
2017
 
2016
 
 
 
 
 
(In millions)
Accounts receivable
$
368

 
$
398

Unbilled costs and accrued earnings on cost-plus contracts
258

 
280

 
626

 
678

Less allowances for collection losses
(3
)
 
(4
)
 
$
623

 
$
674


We expect to bill during fiscal 2018 substantially all unbilled costs and accrued earnings outstanding at June 30, 2017.