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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jan. 03, 2020
Dec. 28, 2018
Cash flows from operating activities    
Net income (loss) $ (415) $ 24
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Depreciation and amortization 805 952
Stock-based compensation 154 158
Deferred income taxes (42) 281
Loss (gain) on disposal of assets (12) 1
Amortization of debt discounts 20 19
Other non-cash operating activities, net (20) 37
Changes in:    
Accounts receivable, net (587) 482
Inventories 155 (483)
Accounts payable 170 (256)
Accounts payable to related parties 33 51
Accrued expenses 327 254
Accrued compensation 191 (134)
Other assets and liabilities, net (269) (212)
Net cash provided by operating activities 510 1,174
Cash flows from investing activities    
Purchases of property, plant and equipment (305) (500)
Proceeds from the sale of property, plant and equipment 0 3
Acquisitions, net of cash acquired (22) 0
Purchases of investments 0 (33)
Proceeds from sale of investments 0 13
Proceeds from maturities of investments 0 7
Notes receivable issuances to Flash Ventures (224) (508)
Notes receivable proceeds from Flash Ventures 690 312
Strategic investments and other, net 21 (19)
Net cash provided by (used in) investing activities 160 (725)
Cash flows from financing activities    
Issuance of stock under employee stock plans 72 61
Taxes paid on vested stock awards under employee stock plans (54) (69)
Repurchases of common stock 0 (563)
Dividends paid to shareholders (296) (292)
Repayment of debt (707) (75)
Repayment of revolving credit facility 0 (500)
Net cash used in financing activities (985) (1,438)
Effect of exchange rate changes on cash (3) (3)
Net decrease in cash and cash equivalents (318) (992)
Cash and cash equivalents, beginning of year 3,455 5,005
Cash and cash equivalents, end of period 3,137 4,013
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 181 264
Cash paid for interest $ 206 $ 216