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Fair Value Measurements and Investments (Tables)
 9 Months Ended
Mar. 28, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present information about the Company’s financial instruments that were measured at fair value on a recurring basis for the periods presented and indicate the fair value hierarchy of the valuation techniques utilized to determine such values:
March 28, 2025
 Level 1Level 2Level 3Total
(in millions)
Assets:
Cash equivalents - Money market funds$1,447 $— $— $1,447 
Retained interest in Sandisk
1,412 — — 1,412 
Foreign exchange contracts— 5 — 5 
Total assets at fair value$2,859 $5 $— $2,864 
Liabilities:
Foreign exchange contracts$— $9 $— $9 
Total liabilities at fair value$— $9 $— $9 

June 28, 2024
 Level 1Level 2Level 3Total
(in millions)
Assets:
Cash equivalents - Money market funds$388 $— $— $388 
Foreign exchange contracts— 1 — 1 
Total assets at fair value$388 $1 $— $389 
Liabilities:
Foreign exchange contracts$— $18 $— $18 
Total liabilities at fair value$— $18 $— $18 
Schedule of Related Costs and Fair Values Based on Quoted Market Prices
For financial instruments where the carrying value (which includes principal adjusted for any unamortized issuance costs and discounts or premiums) differs from fair value (which is based on quoted market prices), the following table represents the related carrying value and fair value for each of the Company’s outstanding financial instruments. Each of the financial instruments presented below was categorized as Level 2 for all periods presented, based on the frequency of trading immediately prior to the end of the third quarter of 2025 and the fourth quarter of 2024, respectively.

March 28, 2025June 28, 2024
Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
(in millions)
4.75% senior unsecured notes due 2026
$2,298 $2,292 $2,296 $2,253 
Variable interest rate Term Loan A-2 maturing 2027— — 2,578 2,539 
Variable interest rate Term Loan A-3 maturing 20272,469 2,458 — — 
3.00% convertible notes due 2028
1,573 2,068 1,568 2,556 
2.85% senior notes due 2029
497 454 496 434 
3.10% senior notes due 2032
496 421 496 407 
     Total$7,333 $7,693 $7,434 $8,189