Financial Summary (All financials)
| In millions, except per share items | Jun-28-14 | Jun-29-13 | Jun-30-12 | Jul-02-11 | Jul-03-10 | Jun-27-09 | Jun-28-08 | Jun-30-07 |
| Revenues | 4,085.0 | 3,920.0 | 3,958.0 | 3,884.0 | 3,972.0 | 8,366.0 | 10,949.0 | 11,983.0 |
| Revenue growth | 4.2% | -1.0% | 1.9% | -2.2% | -52.5% | -23.6% | -8.6% | 7.2% |
| Cost of goods sold | 2,920.0 | 2,758.0 | 2,857.0 | 2,721.0 | 2,733.0 | 5,614.0 | 7,008.0 | 7,370.0 |
| Gross profit | 1,165.0 | 1,162.0 | 1,101.0 | 1,163.0 | 1,239.0 | 2,752.0 | 3,941.0 | 4,613.0 |
| Gross margin | 28.5% | 29.6% | 27.8% | 29.9% | 31.2% | 32.9% | 36.0% | 38.5% |
| Selling, general and administrative | 845.0 | 855.0 | 930.0 | 883.0 | 1,027.0 | 2,072.0 | 3,232.0 | 3,905.0 |
| EBITA | 344.0 | 325.0 | 217.0 | 369.0 | 305.0 | 961.0 | 961.0 | 331.0 |
| EBITA margin | 8.4% | 8.3% | 5.5% | 9.5% | 7.7% | 11.5% | 8.8% | 2.8% |
| Amortization of intangibles | 24.0 | 18.0 | 46.0 | 84.0 | 93.0 | 114.0 | 122.0 | 119.0 |
| EBIT | 320.0 | 307.0 | 171.0 | 285.0 | 212.0 | 847.0 | 839.0 | 212.0 |
| EBIT margin | 7.8% | 7.8% | 4.3% | 7.3% | 5.3% | 10.1% | 7.7% | 1.8% |
| Pre-tax income | 267.0 | 256.0 | -35.0 | 85.0 | 63.0 | 298.0 | -156.0 | 429.0 |
| Income taxes | 55.0 | 72.0 | -15.0 | 27.0 | -64.0 | 114.0 | 120.0 | -11.0 |
| Tax rate | 20.6% | 28.1% | 42.9% | 31.8% | | 38.3% | | |
| Earnings from continuing ops | 212.0 | 184.0 | -20.0 | 58.0 | 127.0 | 184.0 | -576.0 | 440.0 |
| Earnings from discontinued ops | 1.0 | 68.0 | 868.0 | 1,214.0 | 412.0 | 196.0 | 236.0 | 48.0 |
| Net income | 213.0 | 252.0 | 848.0 | 1,272.0 | 539.0 | 380.0 | -340.0 | 488.0 |
| Net margin | 5.2% | 6.4% | 21.4% | 32.7% | 13.6% | 4.5% | -3.1% | 4.1% |
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| Diluted EPS | $1.71 | $1.50 | ($0.17) | $0.46 | $0.92 | $0.26 | ($0.81) | $0.61 |
| Shares outstanding (diluted) | 124.0 | 123.0 | 119.0 | 125.0 | 138.0 | 703.0 | 715.0 | 717.6 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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