CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Millions	Dec. 29, 2017	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 422	$ 484
Receivables	642	623
Inventories	942	841
Income taxes receivable	24	24
Other current assets	102	101
Total current assets	2,132	2,073
Non-current Assets
Property, plant and equipment	878	904
Goodwill	5,374	5,366
Other intangible assets	1,048	1,104
Non-current deferred income taxes	209	409
Other non-current assets	215	234
Total non-current assets	7,724	8,017
Total assets	9,856	10,090
Current Liabilities
Short-term debt	5	80
Accounts payable	462	540
Compensation and benefits	120	140
Other accrued items	303	329
Advance payments and unearned income	290	252
Income taxes payable	38	31
Current portion of long-term debt	523	554
Total current liabilities	1,741	1,926
Non-current Liabilities
Defined benefit plans	1,202	1,278
Long-term debt, net	3,391	3,396
Non-current deferred income taxes	34	34
Other long-term liabilities	494	528
Total non-current liabilities	5,121	5,236
Shareholders’ Equity:
Preferred stock, without par value; 1,000,000 shares authorized; none issued	0	0
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 118,577,053 shares at December 29, 2017 and 119,628,884 shares at June 30, 2017	119	120
Other capital	1,705	1,741
Retained earnings	1,424	1,343
Accumulated other comprehensive loss	(254)	(276)
Total shareholders’ equity	2,994	2,928
Total liabilities and equity	$ 9,856	$ 10,090