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Receivables
12 Months Ended
Jul. 01, 2011
Receivables [Abstract]  
RECEIVABLES
 
NOTE 5:  RECEIVABLES
 
Receivables are summarized below:
 
                 
    2011     2010  
    (In millions)  
 
Accounts receivable
  $ 703.4     $ 613.0  
Unbilled costs on cost-plus contracts
    138.5       125.1  
Notes receivable due within one year, net
    6.5       7.9  
                 
      848.4       746.0  
Less allowances for collection losses
    (11.9 )     (10.0 )
                 
    $ 836.5     $ 736.0  
                 
 
We expect to bill substantially all unbilled costs outstanding on cost-plus contracts at July 1, 2011 during fiscal 2012.