Receivables

12 Months Ended

Jul. 03, 2015

Receivables [Abstract]

RECEIVABLES

NOTE 5: RECEIVABLES

Receivables are summarized below:

	2015		2014
	(In millions)
Accounts receivable	$	837	$	458
Unbilled costs and accrued earnings on cost-plus contracts		343		115
		1,180		573
Less allowances for collection losses		(12)		(7)
	$	1,168	$	566

We expect to bill during fiscal 2016 substantially all unbilled costs outstanding at July 3, 2015.