Net Income (Loss) Per Common Share (Tables)

9 Months Ended

Apr. 03, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted income (loss) per common share:

	Three Months Ended				Nine Months Ended
	April 3, 2020		March 29, 2019		April 3, 2020		March 29, 2019
	(in millions, except per share data)
Net income (loss)	$	17	$	(581)	$	(398)	$	(557)
Weighted average shares outstanding:
Basic	299		292		298		291
Employee stock options, RSUs, PSUs and ESPP	4		—		—		—
Diluted	303		292		298		291
Income (loss) per common share
Basic	$	0.06	$	(1.99)	$	(1.34)	$	(1.91)
Diluted	$	0.06	$	(1.99)	$	(1.34)	$	(1.91)
Anti-dilutive potential common shares excluded	3		17		15		17