XML 57 R42.htm IDEA: XBRL DOCUMENT v3.19.1
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 9 Months Ended
Mar. 29, 2019
Dec. 28, 2018
Sep. 28, 2018
Mar. 30, 2018
Dec. 29, 2017
Sep. 29, 2017
Mar. 29, 2019
Mar. 30, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Revenue from product sales and services $ 1,728     $ 1,562     $ 4,936 $ 4,507
Cost of product sales and services (1,139)     (1,028)     (3,244) (2,969)
Engineering, selling and administrative expenses (310)     (331)     (893) (890)
Non-operating income 46     46     140 136
Interest income 1     0     2 1
Interest expense (43)     (41)     (130) (124)
Income from continuing operations before income taxes 283     208     811 661
Income taxes (40)     (10)     (127) (167)
Income from continuing operations 243     198     684 494
Discontinued operations, net of income taxes 0     (2)     (3) (8)
Net income $ 243 $ 225 $ 213 $ 196 $ 131 $ 159 $ 681 $ 486
Basic                
Continuing operations (in dollars per share) $ 2.06     $ 1.66     $ 5.79 $ 4.15
Discontinued operations (in dollars per share) 0     (0.01)     (0.02) (0.07)
Basic (in dollars per share) 2.06     1.65     5.77 4.08
Diluted                
Continuing operations (in dollars per share) 2.02     1.63     5.67 4.07
Discontinued operations (in dollars per share) 0     (0.01)     (0.02) (0.07)
Diluted (in dollars per share) $ 2.02     $ 1.62     $ 5.65 $ 4.00
Previously Reported                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Revenue from product sales and services       $ 1,568       $ 4,516
Cost of product sales and services       (994)       (2,866)
Engineering, selling and administrative expenses       (318)       (850)
Non-operating income       0       (2)
Interest income               1
Interest expense       (41)       (124)
Income from continuing operations before income taxes       215       675
Income taxes       (12)       (166)
Income from continuing operations       203       509
Discontinued operations, net of income taxes       (2)       (8)
Net income       $ 201       $ 501
Basic                
Continuing operations (in dollars per share)       $ 1.71       $ 4.28
Discontinued operations (in dollars per share)       (0.01)       (0.07)
Basic (in dollars per share)       1.70       4.21
Diluted                
Continuing operations (in dollars per share)       1.67       4.19
Discontinued operations (in dollars per share)       (0.01)       (0.06)
Diluted (in dollars per share)       $ 1.66       $ 4.13
Restatement Adjustment | Effect of Adopting ASC 606                
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                
Revenue from product sales and services       $ (6)       $ (9)
Cost of product sales and services       3       7
Engineering, selling and administrative expenses       (4)       (12)
Non-operating income       0       0
Interest income               0
Interest expense       0       0
Income from continuing operations before income taxes       (7)       (14)
Income taxes       2       (1)
Income from continuing operations       (5)       (15)
Discontinued operations, net of income taxes       0       0
Net income       $ (5)       $ (15)
Basic                
Continuing operations (in dollars per share)       $ (0.05)       $ (0.13)
Discontinued operations (in dollars per share)       0       0
Basic (in dollars per share)       (0.05)       (0.13)
Diluted                
Continuing operations (in dollars per share)       (0.04)       (0.12)
Discontinued operations (in dollars per share)       0       (0.01)
Diluted (in dollars per share)       $ (0.04)       $ (0.13)
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       $ 0
Cost of product sales and services       (37)       (110)
Engineering, selling and administrative expenses       (9)       (28)
Non-operating income       46       138
Interest income               0
Interest expense       0       0
Income from continuing operations before income taxes       0       0
Income taxes       0       0
Income from continuing operations       0       0
Discontinued operations, net of income taxes       0       0
Net income       $ 0       $ 0
Basic                
Continuing operations (in dollars per share)       $ 0       $ 0
Discontinued operations (in dollars per share)       0       0
Basic (in dollars per share)       0       0
Diluted                
Continuing operations (in dollars per share)       0       0
Discontinued operations (in dollars per share)       0       0
Diluted (in dollars per share)       $ 0       $ 0