CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 28, 2025	Jun. 28, 2024	Mar. 29, 2024
Current assets:
Cash and cash equivalents	$ 3,477	$ 1,551
Accounts receivable, net	1,469	1,231
Inventories	1,311	1,387
Retained interest in Sandisk	1,412	0
Other current assets	417	360
Current assets of discontinued operations	0	3,531
Total current assets	8,086	8,060
Non-current assets:
Property, plant and equipment, net	2,347	2,359
Goodwill	4,319	4,319
Other intangible assets, net	76	78
Other non-current assets	1,540	759
Non-current assets of discontinued operations	0	8,613
Total assets	16,368	24,188
Current liabilities:
Accrued expenses	774	1,053
Income taxes payable	373	471
Accrued compensation	322	435
Current portion of long-term debt	2,426	1,750
Current liabilities of discontinued operations	0	1,324
Total current liabilities	5,182	6,087
Non-current liabilities:
Long-term debt	4,907	5,684
Other liabilities	873	1,002
Non-current liabilities of discontinued operations	0	368
Total liabilities	10,962	13,141
Commitments and contingencies (Notes 10, 12 and 16)
Convertible preferred stock, $0.01 par value; authorized — 5 shares; issued and outstanding — 0.2 shares; aggregate liquidation preference of $265 and $257, respectively	229	229	$ 876
Shareholders’ equity:
Common stock, $0.01 par value; authorized — 750 shares; issued and outstanding — 349 shares and 343 shares, respectively	3	3
Additional paid-in capital	4,642	4,752
Accumulated other comprehensive income (loss)	11	(712)
Retained earnings	521	6,775
Total shareholders’ equity	5,177	10,818	$ 10,121
Total liabilities, convertible preferred stock and shareholders’ equity	16,368	24,188
Nonrelated Party
Current liabilities:
Accounts payable	$ 1,287	$ 1,054