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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 01, 2022
Jul. 02, 2021
Jul. 03, 2020
Income Statement [Abstract]      
Revenue, net $ 18,793 $ 16,922 $ 16,736
Cost of revenue 12,919 12,401 12,955
Gross profit 5,874 4,521 3,781
Operating expenses:      
Research and development 2,323 2,243 2,261
Selling, general and administrative 1,117 1,105 1,153
Employee termination, asset impairment, and other charges 43 (47) 32
Total operating expenses 3,483 3,301 3,446
Operating income 2,391 1,220 335
Interest and other income (expense):      
Interest income 6 7 28
Interest expense (304) (326) (413)
Other income, net 30 26 4
Total interest and other expense, net (268) (293) (381)
Income (loss) before taxes 2,123 927 (46)
Income tax expense 623 106 204
Net income (loss) $ 1,500 $ 821 $ (250)
Earnings Per Share [Abstract]      
Basic (in dollars per share) $ 4.81 $ 2.69 $ (0.84)
Diluted (in dollars per share) $ 4.75 $ 2.66 $ (0.84)
Weighted average shares outstanding:      
Basic (in shares) 312 305 298
Diluted (in shares) 316 309 298
Cash dividends declared per share (in USD per share) $ 0 $ 0 $ 1.50