New Layer/Attribute Table from Two Overlapping Layers

zcGIS37

I would like to output an excel file that shows which US counties receive 35" or less of precipitation a year.

I have a US counties polygon feature class.

I have a precipitation feature class symbolized to show 35" or less as one color.  And anything greater as no fill color.

If the precipitation feature classes overlays any part of a county, I want to group all those counties and export the list.

Is there a tool to do this?

zcGIS37

UPDATE:

I used pairwise clip to clip counties based on a merged selection.