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Discontinued Operations (Tables)
6 Months Ended
Dec. 29, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Income Statement, Depreciation, Amortization, Capital Expenditures of Discontinued Operations
The following table presents the key financial results of IT Services included in “Discontinued operations, net of income taxes” in our Condensed Consolidated Statement of Income (Unaudited):
 
Quarter Ended
 
Two Quarters Ended
 
December 30, 2016
 
December 29, 2017
 
December 30, 2016
 
 
 
 
 
 
 
(In millions)
Revenue from product sales and services
$
268

 
$

 
$
543

Cost of product sales and services
(228
)
 

 
(462
)
Engineering, selling and administrative expenses
(25
)
 

 
(49
)
Impairment of goodwill and other assets
(2
)
 

 
(2
)
Non-operating loss

 
(2
)
 

Income (loss) before income taxes
13

 
(2
)
 
30

Loss on sale of discontinued operation
(5
)
 

 
(7
)
Income tax expense
(4
)
 
(3
)
 
(10
)
Discontinued operations, net of income taxes
$
4

 
$
(5
)
 
$
13

The major components of discontinued operations in our Condensed Consolidated Statement of Income (Unaudited) included the following:
 
 
Quarter Ended
 
Two Quarters Ended
 
 
December 30, 2016
 
December 29, 2017
 
December 30, 2016
 
 
 
 
 
 
 
 
 
(In millions)
Revenue from product sales and services
$
336

 
$

 
$
687

Cost of product sales and services
(281
)
 

 
(570
)
Engineering, selling and administrative expenses
(34
)
 

 
(72
)
Impairment of goodwill and other assets
(2
)
 

 
(2
)
Non-operating income (loss)
7

 
(3
)
 
7

Income (loss) before income taxes
26

 
(3
)
 
50

Loss on sale of discontinued operations (1)
(5
)
 

 
(7
)
Income tax expense
(7
)
 
(3
)
 
(14
)
Discontinued operations, net of income taxes
$
14

 
$
(6
)
 
$
29

 
 
 
 
 
 
 

(1)
“Loss on sale of discontinued operations” in the quarter and two quarters ended December 30, 2016 consisted of transaction costs associated with the divestiture of IT Services.
Depreciation and amortization and capital expenditures of discontinued operations in our Condensed Consolidated Statement of Income (Unaudited) included the following:
 
Quarter Ended
 
Two Quarters Ended
 
December 30, 2016
 
December 30, 2016
 
 
 
 
 
(In millions)
Depreciation and amortization
$
12

 
$
29

Capital expenditures
2

 
5

The following table presents the key financial results of CapRock included in “Discontinued operations, net of income taxes” in our Condensed Consolidated Statement of Income (Unaudited):
 
Quarter Ended
 
Two Quarters Ended
 
December 30, 2016
 
December 29, 2017
 
December 30, 2016
 
 
 
 
 
 
 
(In millions)
Revenue from product sales and services
$
68

 
$

 
$
144

Cost of product sales and services
(53
)
 

 
(108
)
Engineering, selling and administrative expenses
(9
)
 

 
(23
)
Non-operating income (loss)
8

 
(1
)
 
8

Income (loss) before income taxes
14

 
(1
)
 
21

Income tax expense
(3
)
 

 
(4
)
Discontinued operations, net of income taxes
$
11

 
$
(1
)
 
$
17