CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 30, 2022	Jul. 01, 2022
Current assets:
Cash and cash equivalents	$ 1,871	$ 2,327
Accounts receivable, net	1,905	2,804
Inventories	3,773	3,638
Other current assets	832	684
Total current assets	8,381	9,453
Non-current assets:
Property, plant and equipment, net	3,688	3,670
Notes receivable and investments in Flash Ventures	1,357	1,396
Goodwill	10,041	10,041
Other intangible assets, net	135	213
Other non-current assets	1,445	1,486
Total assets	25,047	26,259
Current liabilities:
Accounts payable	1,193	1,902
Accounts payable to related parties	368	320
Accrued expenses	1,410	1,636
Income taxes payable	1,025	869
Accrued compensation	348	510
Current portion of long-term debt	38	0
Total current liabilities	4,382	5,237
Non-current liabilities:
Long-term debt	7,033	7,022
Other liabilities	1,517	1,779
Total liabilities	12,932	14,038
Commitments and contingencies (Notes 10, 11, 13 and 16)
Shareholders’ equity:
Common stock, $0.01 par value; authorized — 450 shares; issued — 319 shares and 315 shares, respectively; outstanding — 319 shares and 315 shares, respectively	3	3
Additional paid-in capital	3,770	3,733
Accumulated other comprehensive loss	(369)	(554)
Retained earnings	8,711	9,039
Total shareholders’ equity	12,115	12,221
Total liabilities and shareholders’ equity	$ 25,047	$ 26,259