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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Adoption of new accounting standards
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Retained Earnings
Adoption of new accounting standards
Beginning balance (in shares) at Jul. 03, 2020     312 10        
Beginning balance at Jul. 03, 2020 $ 9,551 $ (7) $ 3 $ (737) $ 3,717 $ (157) $ 6,725 $ (7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (60)           (60)  
Employee stock plans (in shares)       2        
Employee stock plans (40)     $ 216 (256)      
Stock-based compensation 76       76      
Actuarial pension gain 1         1    
Foreign currency translation adjustment 32         32    
Net unrealized loss on derivative contracts 23         23    
Ending balance (in shares) at Oct. 02, 2020     312 8        
Ending balance at Oct. 02, 2020 9,576   $ 3 $ (521) 3,537 (101) 6,658  
Beginning balance (in shares) at Jul. 03, 2020     312 10        
Beginning balance at Jul. 03, 2020 9,551 $ (7) $ 3 $ (737) 3,717 (157) 6,725 $ (7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2              
Ending balance (in shares) at Jan. 01, 2021     312 6        
Ending balance at Jan. 01, 2021 9,829   $ 3 $ (390) 3,546 (50) 6,720  
Beginning balance (in shares) at Oct. 02, 2020     312 8        
Beginning balance at Oct. 02, 2020 9,576   $ 3 $ (521) 3,537 (101) 6,658  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 62           62  
Employee stock plans (in shares)       2        
Employee stock plans 60     $ 131 (71)      
Stock-based compensation 80       80      
Actuarial pension gain 1         1    
Foreign currency translation adjustment 34         34    
Net unrealized loss on derivative contracts 16         16    
Ending balance (in shares) at Jan. 01, 2021     312 6        
Ending balance at Jan. 01, 2021 9,829   $ 3 $ (390) 3,546 (50) 6,720  
Beginning balance (in shares) at Jul. 02, 2021     312 4        
Beginning balance at Jul. 02, 2021 10,721   $ 3 $ (232) 3,608 (197) 7,539  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 610           610  
Employee stock plans (in shares)       3        
Employee stock plans (76)     $ 207 (283)      
Stock-based compensation 76       76      
Actuarial pension gain 1         1    
Foreign currency translation adjustment 4         4    
Net unrealized loss on derivative contracts 25         25    
Ending balance (in shares) at Oct. 01, 2021     312 1        
Ending balance at Oct. 01, 2021 11,361   $ 3 $ (25) 3,401 (167) 8,149  
Beginning balance (in shares) at Jul. 02, 2021     312 4        
Beginning balance at Jul. 02, 2021 10,721   $ 3 $ (232) 3,608 (197) 7,539  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,174              
Ending balance (in shares) at Dec. 31, 2021     313 0        
Ending balance at Dec. 31, 2021 12,018   $ 3 $ 0 3,519 (217) 8,713  
Beginning balance (in shares) at Oct. 01, 2021     312 1        
Beginning balance at Oct. 01, 2021 11,361   $ 3 $ (25) 3,401 (167) 8,149  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 564           564  
Employee stock plans (in shares)     1 1        
Employee stock plans 56     $ 25 31      
Stock-based compensation 87       87      
Foreign currency translation adjustment (45)         (45)    
Net unrealized loss on derivative contracts (5)         (5)    
Ending balance (in shares) at Dec. 31, 2021     313 0        
Ending balance at Dec. 31, 2021 $ 12,018   $ 3 $ 0 $ 3,519 $ (217) $ 8,713