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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 03, 2020
Jun. 28, 2019
Jun. 29, 2018
Income Statement [Abstract]      
Revenue, net $ 16,736 $ 16,569 $ 20,647
Cost of revenue 12,955 12,817 12,942
Gross profit 3,781 3,752 7,705
Operating expenses:      
Research and development 2,261 2,182 2,400
Selling, general and administrative 1,153 1,317 1,473
Employee termination, asset impairment, and other charges 32 166 215
Total operating expenses 3,446 3,665 4,088
Operating income 335 87 3,617
Interest and other income (expense):      
Interest income 28 57 60
Interest expense (413) (469) (676)
Other income (expense), net 4 38 (916)
Total interest and other expense, net (381) (374) (1,532)
Income (loss) before taxes (46) (287) 2,085
Income tax expense 204 467 1,410
Net income (loss) $ (250) $ (754) $ 675
Income (loss) per common share      
Basic (in dollars per share) $ (0.84) $ (2.58) $ 2.27
Diluted (in dollars per share) $ (0.84) $ (2.58) $ 2.20
Weighted average shares outstanding:      
Basic (in shares) 298 292 297
Diluted (in shares) 298 292 307
Cash dividends declared per share (in USD per share) $ 1.50 $ 2.00 $ 2.00