Supplemental Financial Statement Data (Tables)

12 Months Ended

Jul. 01, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventories

Inventories

	July 1, 2022		July 2, 2021
	(in millions)
Inventories:
Raw materials and component parts	$	1,603	$	1,623
Work-in-process	1,162		1,088
Finished goods	873		905
Total inventories	$	3,638	$	3,616

Schedule of Property, Plant and Equipment

Property, plant and equipment, net

	July 1, 2022		July 2, 2021
	(in millions)
Property, plant and equipment:
Land	$	269	$	278
Buildings and improvements	1,920		1,854
Machinery and equipment	8,642		7,860
Computer equipment and software	494		440
Furniture and fixtures	54		51
Construction-in-process	591		476
Property, plant and equipment, gross	11,970		10,959
Accumulated depreciation	(8,300)		(7,771)
Property, plant and equipment, net	$	3,670	$	3,188

Schedule of Intangible Assets

The following tables present intangible assets as of July 1, 2022 and July 2, 2021:

	July 1, 2022
	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(in years)	(in millions)
Finite:
Existing technology	3	$	4,231	$	(4,231)	$	—
Trade names and trademarks	7	648		(573)		75
Customer relationships	6	613		(555)		58
Leasehold interests	31	1		(1)		—
Total finite intangible assets		5,493		(5,360)		133
In-process research and development		80		—		80
Total intangible assets		$	5,573	$	(5,360)	$	213

	July 2, 2021
	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(in years)	(in millions)
Finite:
Existing technology	3	$	4,231	$	(4,165)	$	66
Trade names and trademarks	7	647		(486)		161
Customer relationships	6	618		(491)		127
Leasehold interests	31	12		(4)		8
Total finite intangible assets		5,508		(5,146)		362
In-process research and development		80		—		80
Total intangible assets		$	5,588	$	(5,146)	$	442

Schedule of Intangible Asset Amortization

Intangible assets are amortized over the estimated useful lives based on the pattern in which the economic benefits are expected to be received. Intangible asset amortization was as follows:

	2022		2021		2020
	(in millions)
Intangible asset amortization	$	221	$	486	$	769

Schedule of Movement in Standard Product Warranty Accrual and Total Warranty Accrual

Product warranty liability

Changes in the warranty accrual were as follows:

	2022		2021		2020
	(in millions)
Warranty accrual, beginning of period	$	363	$	408	$	350
Charges to operations	146		137		203
Utilization	(103)		(106)		(151)
Changes in estimate related to pre-existing warranties	(61)		(76)		6
Warranty accrual, end of period	$	345	$	363	$	408

The current portion of the warranty accrual is classified in Accrued expenses and the long-term portion is classified in Other liabilities as noted below:

	2022		2021
	(in millions)
Warranty accrual
Current portion (included in Accrued expenses)	$	162	$	175
Long-term portion (included in Other liabilities)	183		188
Total warranty accrual	$	345	$	363

Schedule of Other Noncurrent Liabilities

Other liabilities

	2022		2021
	(in millions)
Other liabilities:
Non-current net tax payable	$	659	$	684
Non-current portion of unrecognized tax benefits	477		750
Other non-current liabilities	643		633
Total other liabilities	$	1,779	$	2,067

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table illustrates the changes in the balances of each component of AOCI:

	Actuarial Pension Gains (Losses)		Foreign Currency Translation Adjustment		Unrealized Gains (Losses) on Derivative Contracts		Total Accumulated Comprehensive Income (Loss)
	(in millions)
Balance at July 3, 2020	$	(58)	$	(2)	$	(97)	$	(157)
Other comprehensive income (loss) before reclassifications	27		(36)		42		33
Amounts reclassified from accumulated other comprehensive loss	—		—		(75)		(75)
Income tax benefit (expense) related to items of other comprehensive loss	(4)		—		6		2
Net current-period other comprehensive income (loss)	23		(36)		(27)		(40)
Balance at July 2, 2021	(35)		(38)		(124)		(197)
Other comprehensive income (loss) before reclassifications	26		(239)		(352)		(565)
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		172		172
Income tax benefit (expense) related to items of other comprehensive income (loss)	(2)		—		38		36
Net current-period other comprehensive income (loss)	24		(239)		(142)		(357)
Balance at July 1, 2022	$	(11)	$	(277)	$	(266)	$	(554)