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Related Parties and Related Commitments and Contingencies (Tables)
 6 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Notes Receivable and Investments in Related Parties The following table presents the notes receivable from, and equity investments in, Flash Ventures as of December 31, 2021 and July 2, 2021:
December 31,
2021		July 2,
2021
(in millions)
Notes receivable, Flash Partners$92 $191 
Notes receivable, Flash Alliance161 213 
Notes receivable, Flash Forward694 561 
Investment in Flash Partners194 199 
Investment in Flash Alliance284 293 
Investment in Flash Forward128 129 
Total notes receivable and investments in Flash Ventures$1,553 $1,586 
Schedule of Variable Interest Entity Maximum Loss Exposure The Company’s maximum reasonably estimable loss exposure (excluding lost profits) as a result of its involvement with Flash Ventures, based upon the Japanese yen to U.S. dollar exchange rate at December 31, 2021, is presented below. Investments in Flash Ventures are denominated in Japanese yen, and the maximum estimable loss exposure excludes any cumulative translation adjustment due to revaluation from the Japanese yen to the U.S. dollar.
December 31,
2021
(in millions)
Notes receivable$947 
Equity investments606 
Operating lease guarantees1,964 
Inventory and prepayments865 
Maximum estimable loss exposure$4,382 
Schedule of Guarantor Obligations The following table presents the Company’s portion of the remaining guarantee obligations under the Flash Ventures’ lease facilities in both Japanese yen and U.S. dollar-equivalent, based upon the Japanese yen to U.S. dollar exchange rate as of December 31, 2021.
Lease Amounts
(Japanese yen, in billions)(U.S. dollar, in millions)
Total guarantee obligations¥226 $1,964 
Schedule of Remaining Guarantee Obligations The following table details the breakdown of the Company’s remaining guarantee obligations between the principal amortization and the purchase option exercise price at the end of the term of the Flash Ventures lease agreements, in annual installments as of December 31, 2021 in U.S. dollars, based upon the Japanese yen to U.S. dollar exchange rate as of December 31, 2021:
Annual InstallmentsPayment of Principal AmortizationPurchase Option Exercise Price at Final Lease TermsGuarantee Amount
(in millions)
Remaining six months of 2022$304 $— $304 
2023507 63 570 
2024353 113 466 
2025161 103 264 
2026124 156 280 
Thereafter15 65 80 
Total guarantee obligations$1,464 $500 $1,964