Supplemental Balance Sheet Information (Tables)

3 Months Ended

Sep. 30, 2022

Inventories

Work-in-process and inventories include raw materials, labor, and overhead. Total inventories consist of the following:

Prepaid expenses and other

Prepaid expenses and other consist of the following:


(Dollars in millions)	September 30, 2022		June 30, 2022
Prepaid expenses	$	72	$	61

Short-term contract assets	418		398

Spare parts supplies	21		22
Prepaid income tax	28		26

Non-U.S. value-added tax	34		48



Other current assets	59		70
Total prepaid expenses and other	$	632	$	625

Other accrued liabilitiesOther accrued liabilities consist of the following:


(Dollars in millions)	September 30, 2022		June 30, 2022
Contract liabilities	$	135	$	185
Accrued employee-related expenses	137		198
Accrued expenses	109		140
Operating lease liabilities	13		14
Restructuring accrual	1		1
Accrued interest	21		32
Accrued income tax	42		50
Total other accrued liabilities	$	458	$	620