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INVENTORIES | 12 Months Ended
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Jun. 29, 2018
Inventory, Net [Abstract] |
INVENTORIES | NOTE 6: INVENTORIES Inventories are summarized below:
| 2018 |  | 2017
| (In millions)
Unbilled costs and accrued earnings on fixed-price contracts | $ | 531 |  |  | $ | 454 |
Finished products | 91 |  |  | 96 |
Work in process | 104 |  |  | 96 |
Raw materials and supplies | 199 |  |  | 195 |
| $ | 925 |  |  | $ | 841 |
Unbilled costs and accrued earnings on fixed-price contracts were net of progress payments of $99 million and $90 million at June 29, 2018 and June 30, 2017, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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- References No definition available. + Details
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