XML 21 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Income (USD $)
In Millions, except Per Share data
12 Months Ended
Jul. 01, 2011
Jul. 02, 2010
Jul. 03, 2009
Consolidated Statements of Income [Abstract]      
Revenue, net $ 9,526 $ 9,850 $ 7,453
Cost of revenue 7,735 7,449 6,116
Gross margin 1,791 2,401 1,337
Operating expenses:      
Research and development 703 611 509
Selling, general and administrative 307 265 201
Acquired in-process research and development     14
Restructuring and other, net     94
Total operating expenses 1,010 876 818
Operating income 781 1,525 519
Other income (expense):      
Interest income 9 4 9
Interest and other expense (10) (9) (27)
Total other expense, net (1) (5) (18)
Income before income taxes 780 1,520 501
Income tax provision 54 138 31
Net income $ 726 $ 1,382 $ 470
Income per common share:      
Basic $ 3.14 $ 6.06 $ 2.12
Diluted $ 3.09 $ 5.93 $ 2.08
Weighted average shares outstanding:      
Basic 231 228 222
Diluted 235 233 226