XML 55 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Significant Accounting Policies and Recent Accounting Standards - Effect of ASC 606 and ASU 2017-07 on Condensed Consolidated Statement of Income (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended
Sep. 28, 2018
Sep. 29, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Revenue from product sales and services $ 1,542 $ 1,410
Cost of product sales and services (1,010) (919)
Engineering, selling and administrative expenses (279) (268)
Non-operating income 47 46
Interest expense (44) (41)
Income from continuing operations before income taxes 257 228
Income taxes (41) (63)
Income from continuing operations 216 165
Discontinued operations, net of income taxes (3) (6)
Net income $ 213 $ 159
Basic    
Continuing operations (in dollars per share) $ 1.82 $ 1.39
Discontinued operations (in dollars per share) (0.01) (0.06)
Basic (in dollars per share) 1.81 1.33
Diluted    
Continuing operations (in dollars per share) 1.78 1.36
Discontinued operations (in dollars per share) (0.01) (0.05)
Diluted (in dollars per share) $ 1.77 $ 1.31
Effect of Adopting ASU 2017-07    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Cost of product sales and services   $ (37)
Engineering, selling and administrative expenses   (9)
Non-operating income   46
As Reported    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Revenue from product sales and services   1,413
Cost of product sales and services   (885)
Engineering, selling and administrative expenses   (256)
Non-operating income   0
Interest expense   (41)
Income from continuing operations before income taxes   231
Income taxes   (64)
Income from continuing operations   167
Discontinued operations, net of income taxes   (6)
Net income   $ 161
Basic    
Continuing operations (in dollars per share)   $ 1.40
Discontinued operations (in dollars per share)   (0.05)
Basic (in dollars per share)   1.35
Diluted    
Continuing operations (in dollars per share)   1.38
Discontinued operations (in dollars per share)   (0.06)
Diluted (in dollars per share)   $ 1.32
Restatement Adjustment | Effect of Adopting ASC 606    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Revenue from product sales and services   $ (3)
Cost of product sales and services   3
Engineering, selling and administrative expenses   (3)
Non-operating income   0
Interest expense   0
Income from continuing operations before income taxes   (3)
Income taxes   1
Income from continuing operations   (2)
Discontinued operations, net of income taxes   0
Net income   $ (2)
Basic    
Continuing operations (in dollars per share)   $ (0.01)
Discontinued operations (in dollars per share)   (0.01)
Basic (in dollars per share)   (0.02)
Diluted    
Continuing operations (in dollars per share)   (0.02)
Discontinued operations (in dollars per share)   0.01
Diluted (in dollars per share)   $ (0.01)
Restatement Adjustment | Effect of Adopting ASU 2017-07    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Revenue from product sales and services   $ 0
Cost of product sales and services   (37)
Engineering, selling and administrative expenses   (9)
Non-operating income   46
Interest expense   0
Income from continuing operations before income taxes   0
Income taxes   0
Income from continuing operations   0
Discontinued operations, net of income taxes   0
Net income   $ 0
Basic    
Continuing operations (in dollars per share)   $ 0.00
Discontinued operations (in dollars per share)   0.00
Basic (in dollars per share)   0.00
Diluted    
Continuing operations (in dollars per share)   0.00
Discontinued operations (in dollars per share)   0.00
Diluted (in dollars per share)   $ 0.00