Accumulated Other Comprehensive Income

12 Months Ended

Jun. 30, 2012

Accumulated Other Comprehensive Income

Note 8 – Accumulated Other Comprehensive Income

The components of accumulated other comprehensive income are:

(in millions)	Cumu- lative Trans- lation Adjus- tment			Net Unrealized Gain(Loss) on Qualifying Cash Flow Hedges/ Other			Pension/ Post- reti- rement Liability Adjus- tment			Accum- ulated Other Compre- hensive Income (loss)
Balance at June 27, 2009 - As restated		$  (21)			$    (11)			$(572)			$(604)
Disposition of Godrej J.V.		14			–			–			14
Amortization of net actuarial loss and prior service credit		–			–			19			19
Net actuarial loss arising during the period		–			–			(323	)		(323)
Pension plan curtailment		–			–			27			27
Pension and postretirement plan amendments		–			–			(4	)		(4)
Other comprehensive income (loss) activity		(99	)		10			46			(43)
Balance at July 3, 2010 - As restated		(106	)		(1	)		(807	)		(914)
Disposition of Household & Body Care businesses		55			–			–			55
Amortization of net actuarial loss and prior service credit		–			–			16			16
Net actuarial gain arising during the period		–			–			326			326
Pension plan curtailment		–			–			25			25
Other comprehensive income (loss) activity		270			7			(50	)		227
Balance at July 2, 2011 - As restated		219			6			(490	)		(265)
Business dispositions		127			–			–			127
Amortization of net actuarial loss and prior service credit		–			–			(1	)		(1)
Net actuarial loss arising during the period		–			–			(70	)		(70)
Pension plan curtailments/ settlements		–			–			24			24
Spin-off of Intl Coffee & Tea Business		(180	)					343			163
Other comprehensive income (loss) activity		(150	)		2			26			(122)
Balance at June 30, 2012		$    16			$    8			$(168)			$(144)