Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013
Assets
Cash and equivalents	$ 236	$ 400
Short-term Investments	87	0
Trade accounts receivable, less allowances of $2 in 2014 and $2 in 2013	232	219
Inventories
Finished goods	226	207
Work in process	19	15
Materials and supplies	85	91
Inventories	330	313
Current deferred income taxes	128	71
Income tax receivable	13	18
Other current assets	57	85
Total current assets	1,083	1,106
Property
Land	25	25
Buildings and improvements	771	790
Machinery and equipment	1,164	1,095
Construction in progress	118	93
Property, Plant and Equipment, Gross, Total	2,078	2,003
Accumulated depreciation	1,239	1,185
Property, net	839	818
Trademarks and other identifiable intangibles, net	240	121
Goodwill	452	348
Deferred income taxes	47	20
Other noncurrent assets	47	21
Total assets	2,708	2,434
Liabilities and Equity
Accounts payable	365	295
Payroll and employee benefits	135	110
Advertising and promotion	119	124
Other accrued liabilities	85	123
Current maturities of long-term debt	105	19
Total current liabilities	809	671
Long-term debt	839	932
Pension obligation	116	119
Other liabilities	307	228
Equity
Common stock: (authorized $1,200,000,000 shares; $0.01 par value) Issued and outstanding - 123,755,082 shares in 2014 and 123,247,815 shares in 2013	1	1
Capital surplus	228	200
Retained earnings	607	477
Unearned stock of ESOP	(50)	(53)
Accumulated other comprehensive income (loss)	(149)	(141)
Total Equity	637	484
Liabilities and Equity, Total	$ 2,708	$ 2,434