CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2022	Jul. 01, 2022
Current assets:
Cash and cash equivalents	$ 2,049	$ 2,327
Accounts receivable, net	2,422	2,804
Inventories	3,862	3,638
Other current assets	738	684
Total current assets	9,071	9,453
Non-current assets:
Property, plant and equipment, net	3,718	3,670
Notes receivable and investments in Flash Ventures	1,219	1,396
Goodwill	10,037	10,041
Other intangible assets, net	174	213
Other non-current assets	1,467	1,486
Total assets	25,686	26,259
Current liabilities:
Accounts payable	1,686	1,902
Accounts payable to related parties	295	320
Accrued expenses	1,592	1,636
Income taxes payable	986	869
Accrued compensation	407	510
Total current liabilities	4,966	5,237
Non-current liabilities:
Long-term debt	7,071	7,022
Other liabilities	1,542	1,779
Total liabilities	13,579	14,038
Commitments and contingencies (Notes 10, 11, 13 and 16)
Shareholders’ equity:
Common stock, $0.01 par value; authorized — 450 shares; issued — 318 shares and 315 shares, respectively; outstanding — 318 shares and 315 shares, respectively	3	3
Additional paid-in capital	3,641	3,733
Accumulated other comprehensive loss	(694)	(554)
Retained earnings	9,157	9,039
Total shareholders’ equity	12,107	12,221
Total liabilities and shareholders’ equity	$ 25,686	$ 26,259