Non-Operating Loss

12 Months Ended

Jul. 03, 2015

Non-Operating Loss [Abstract]

NON-OPERATING LOSS

NOTE 21: NON-OPERATINGINCOME (LOSS)

The components of non-operating income (loss)were as follows:

	2015		2014		2013
	(In millions)
Loss on prepayment of long-term debt (1) (2)	$	(118)	$	―	$	(33)
Impairment of cost-method investment		―		―		(11)
Impairment of investment in joint venture		―		―		(7)
Gain on sale of securities available-for-sale		―		―		9
Gain on sale of business		9		―		―
Net income related to intellectual property matters		1		4		1
	$	(108)	$	4	$	(41)

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(1)The loss in fiscal 2015 reflected charges associated with our optional redemption on May 27, 2015 of the entire outstanding $400 million principal amount of our 5.95% Notes due December 1, 2017 and the entire outstanding $350 million principal amount of our 6.375% Notes due June 15, 2019.

(2) The loss in fiscal 2013 reflected a charge associated with our optional redemption on May 28, 2013 of the entire outstanding $300 million principal amount of our 5% Notes due October 1, 2015.