Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 03, 2020	Jun. 28, 2019
Current assets:
Cash and cash equivalents	$ 3,048	$ 3,455
Accounts receivable, net	2,379	1,204
Inventories	3,070	3,283
Other current assets	551	535
Total current assets	9,048	8,477
Non-current assets:
Property, plant and equipment, net	2,854	2,843
Notes receivable and investments in Flash Ventures	1,875	2,791
Goodwill	10,067	10,076
Other intangible assets, net	941	1,711
Other non-current assets	877	472
Total assets	25,662	26,370
Current liabilities:
Accounts payable	1,945	1,567
Accounts payable to related parties	407	331
Accrued expenses	1,296	1,296
Accrued compensation	472	347
Current portion of long-term debt	286	276
Total current liabilities	4,406	3,817
Non-current liabilities:
Long-term debt	9,289	10,246
Other liabilities	2,416	2,340
Total liabilities	16,111	16,403
Commitments and contingencies (Notes 8, 9, 13 and 16)
Shareholders’ equity:
Preferred stock, $0.01 par value; authorized — 5 shares; issued and outstanding — none	0	0
Common stock, $0.01 par value; authorized — 450 shares; issued — 312 shares in 2020 and 2019; outstanding — 302 shares in 2020 and 295 shares in 2019	3	3
Additional paid-in capital	3,717	3,851
Accumulated other comprehensive loss	(157)	(68)
Retained earnings	6,725	7,449
Treasury stock — common shares at cost; 10 shares in 2020 and 17 shares in 2019	(737)	(1,268)
Total shareholders’ equity	9,551	9,967
Total liabilities and shareholders’ equity	$ 25,662	$ 26,370