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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Jul. 01, 2022
Income Statement [Abstract]      
Revenue, net $ 13,003 $ 12,318 $ 18,793
Cost of revenue 10,058 10,431 12,919
Gross profit 2,945 1,887 5,874
Operating expenses:      
Research and development 1,907 2,009 2,323
Selling, general and administrative 828 970 1,117
Litigation matter $ 291 $ 0 $ 0
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration] Employee termination, asset impairment, and other Employee termination, asset impairment, and other Employee termination, asset impairment, and other
Employee termination, asset impairment, and other $ 139 $ 193 $ 43
Business separation costs 97 0 0
Total operating expenses 3,262 3,172 3,483
Operating income (loss) (317) (1,285) 2,391
Interest and other income:      
Interest income 39 24 6
Interest expense (417) (312) (304)
Other income, net 34 23 78
Total interest and other income, net (344) (265) (220)
Income (loss) before taxes (661) (1,550) 2,171
Income tax expense 137 134 625
Net income (loss) (798) (1,684) 1,546
Less: cumulative dividends allocated to preferred shareholders 54 24 0
Net income (loss) attributable to common shareholders $ (852) $ (1,708) $ 1,546
Income (loss) per common share      
Basic (in dollars per share) $ (2.61) $ (5.37) $ 4.96
Diluted (in dollars per share) $ (2.61) $ (5.37) $ 4.89
Weighted average shares outstanding:      
Basic (in shares) 326 318 312
Diluted (in shares) 326 318 316