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Shareholders' Equity (Tables)
9 Months Ended
Mar. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
The following tables present the Company’s stock-based compensation for equity-settled awards by type and financial statement line as well as the related tax benefit included in the Company’s Condensed Consolidated Statements of Operations:
 
Three Months Ended
 
Nine Months Ended
 
March 30,
2018
 
March 31,
2017
 
March 30,
2018
 
March 31,
2017
 
(in millions)
Options
$
6

 
$
10

 
$
19

 
$
33

Restricted and performance stock units
89

 
85

 
260

 
254

Employee stock purchase plan
8

 
7

 
20

 
16

Subtotal
103

 
102

 
299

 
303

Tax benefit
(17
)
 
(26
)
 
(51
)
 
(80
)
Total
$
86

 
$
76

 
$
248

 
$
223


 
Three Months Ended
 
Nine Months Ended
 
March 30,
2018
 
March 31,
2017
 
March 30,
2018
 
March 31,
2017
 
(in millions)
Cost of revenue
$
11

 
$
13

 
$
37

 
$
37

Research and development
45

 
45

 
134

 
132

Selling, general and administrative
46

 
40

 
127

 
125

Employee termination, asset impairment, and other charges
1

 
4

 
1

 
9

Subtotal
103

 
102

 
299

 
303

Tax benefit
(17
)
 
(26
)
 
(51
)
 
(80
)
Total
$
86

 
$
76

 
$
248

 
$
223



Employee Service Share-based Compensation , Unrecognized Costs
The following table presents the unamortized compensation cost and weighted average service period of all unvested outstanding awards as of March 30, 2018.
 
Unamortized Compensation Costs
 
Weighted Average Service Period
 
(in millions)
 
(years)
Options
$
32

 
2.0
RSUs and PSUs (1)
528

 
2.2
ESPP
15

 
0.5
Total unamortized compensation cost
$
575

 
 
 
 
(1) 
Weighted average service period assumes the performance metrics are met for the PSUs.
Stock Option Activity
The following table summarizes stock option activity under the Company’s incentive plans:
 
Number of Shares
 
Weighted Average Exercise Price Per Share
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic Value
 
(in millions)
 
 
 
(in years)
 
(in millions)
Options outstanding at June 30, 2017
7.4

 
$
58.14

 
 
 
 
Exercised
(2.0
)
 
44.74

 
 
 
$
91

Canceled or expired
(0.3
)
 
61.95

 
 
 
 
Options outstanding at March 30, 2018
5.1

 
$
63.29

 
4.0
 
$
158

Exercisable at March 30, 2018
2.9

 
$
69.85

 
3.3
 
$
74

Restricted Stock Unit
The following table summarizes RSU and PSU activity under the Company’s incentive plans:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
 
Aggregate Intrinsic Value at Vest Date
 
(in millions)
 
 
 
(in millions)
RSUs and PSUs outstanding at June 30, 2017
13.7

 
$
45.01

 
 
Granted
5.0

 
79.10

 
 
Vested
(6.0
)
 
44.99

 
$
529

Forfeited
(0.9
)
 
48.72

 
 
RSUs and PSUs outstanding at March 30, 2018
11.8

 
$
57.62