XML 58 R10.htm IDEA: XBRL DOCUMENT

Inventories

6 Months Ended

Dec. 30, 2011

Note E — Inventories

Inventories are summarized below:

	December 30,		July 1,
	2011		2011

	(In millions)
Unbilled costs and accrued earnings on fixed-price contracts	$	369.7	$	381.0
Finished products		115.2		137.2
Work in process		60.6		60.1
Raw materials and supplies		155.8		142.5
	$	701.3	$	720.8

Unbilled costs and accrued earnings on fixed-price contracts were net of progress payments of $108.3 million at December 30, 2011 and $85.1 million at July 1, 2011.