Income Tax Expense (Tables)

6 Months Ended

Dec. 27, 2024

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

The following table presents the Company’s Income tax expense and the effective tax rate:

	Three Months Ended						Six Months Ended
	December 27, 2024			December 29, 2023			December 27, 2024			December 29, 2023
	($ in millions)
Income (loss) before taxes	$	741		$	(259)		$	1,369		$	(941)
Income tax expense	147			28			282			31
Effective tax rate	20		%	(11)		%	21		%	(3)		%

Schedule of Unrecognized Tax Benefits Roll Forward

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits excluding accrued interest and penalties for the six months ended December 27, 2024 (in millions):

Accrual balance at June 28, 2024	$	721
Gross increases related to current year tax positions	8
Gross increases related to prior year tax positions	4
Gross decreases related to prior year tax positions	(5)
Settlements	(39)
Lapse of statute of limitations	(1)
Accrual balance at December 27, 2024	$	688