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Postretirement Benefit Plans (Tables)
6 Months Ended
Jan. 01, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost
  Quarter Ended January 1, 2016 Two Quarters Ended January 1, 2016
     Other        Other   
  Pension Benefits Total  Pension  Benefits  Total
                   
  (In millions)
Net periodic benefit cost                 
 Service cost$ 20 $ 2 $ 22 $ 38 $ 3 $ 41
 Interest cost  61   3   64   123   7   130
 Expected return on plan assets  (85)   (4)   (89)   (171)   (9)   (180)
 Amortization of net actuarial loss          2   2
 Amortization of prior service cost    (4)   (4)     (7)   (7)
Net periodic benefit cost$ (4) $ (3) $ (7)   (10)   (4)   (14)
Effect of curtailments or settlements (1)    (121)   (121)     (121)   (121)
Total net periodic benefit cost$ (4) $ (124) $ (128) $ (10) $ (125) $ (135)
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  • We discontinued certain significantly underfunded post-employment benefit plans effective December 31, 2015. Under GAAP, this resulted in a negative plan amendment and curtailment during the quarter ended January 1, 2016, a settlement as of December 31, 2015, and a net liability reduction of $101 million.