XML 50 R40.htm IDEA: XBRL DOCUMENT
v3.10.0.1

CONTRACT ASSETS AND CONTRACT LIABILITIES (Tables) | 12 Months Ended
--- | ---
Jun. 29, 2018
Revenue from Contract with Customer [Abstract] |
Schedule of Contract Assets and Contract Liabilities | Contract assets and contract liabilities are summarized below:
| June 29, 2018 |  | June 30, 2017
| (In millions)
Contract assets | $ | 782 |  |  | $ | 706 |
Contract liabilities, current | (372 | ) |  | (291 | )
Contract liabilities, noncurrent(1) | (7 | ) |  | (10 | )
Net contract assets | $ | 403 |  |  | $ | 405 |
_______________
(1) | Non-current portion of deferred revenue associated with extended product warranties, which is included as a component of the “Other long-term liabilities” line item in our Consolidated Balance Sheet.
The components of contract assets are summarized below:
| June 29, 2018 |  | June 30, 2017
| (In millions)
Unbilled contract receivables, gross | $ | 881 |  |  | $ | 796 |
Progress payments | (99 | ) |  | (90 | )
| $ | 782 |  |  | $ | 706 |

X
- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration