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Shareholders' Equity (Tables)
6 Months Ended
Jan. 03, 2020
Share-based Payment Arrangement [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
 
Six Months Ended
 
January 3,
2020
 
December 28,
2018
 
January 3,
2020
 
December 28, 2018
 
(in millions)
Options
$
2

 
$
4

 
$
4

 
$
9

Restricted and performance stock units
70

 
70

 
136

 
137

Employee stock purchase plan
5

 
5

 
14

 
12

Total
$
77

 
$
79

 
$
154

 
$
158


 
Three Months Ended
 
Six Months Ended
 
January 3,
2020
 
December 28,
2018
 
January 3,
2020
 
December 28, 2018
 
(in millions)
Cost of revenue
$
13

 
$
13

 
$
25

 
$
24

Research and development
41

 
42

 
82

 
81

Selling, general and administrative
23

 
24

 
47

 
53

Subtotal
77

 
79

 
154

 
158

Tax benefit
(11
)
 
(14
)
 
(23
)
 
(25
)
Total
$
66

 
$
65

 
$
131

 
$
133



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 January 3, 2020:
 
Unamortized Compensation Costs
 
Weighted Average Service Period
 
(in millions)
 
(years)
Options
$
3

 
0.6
RSUs and PSUs (1)
640

 
2.7
ESPP
50

 
1.4
Total unamortized compensation cost
$
693

 
 
(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 28, 2019
3.9

 
$
65.72

 
 
 
 
Exercised
(0.6
)
 
43.48

 
 
 
$
8

Canceled or expired
(0.3
)
 
93.23

 
 
 
 
Options outstanding at January 3, 2020
3.0

 
67.85

 
2.6
 
$
28

Exercisable at January 3, 2020
2.7

 
70.60

 
2.5
 
$
22


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 28, 2019
11.6

 
$
62.07

 
 
Granted
5.8

 
58.13

 
 
Vested
(3.3
)
 
63.15

 
$
186

Forfeited
(0.8
)
 
63.37

 
 
RSUs and PSUs outstanding at January 3, 2020
13.3

 
60.88