Discontinued Operations (Tables)

3 Months Ended

Oct. 03, 2025

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The following table provides a summary of the historical results of Sandisk for the three months ended September 27, 2024 which have been reflected as Net income from discontinued operations, net of taxes in the Condensed Consolidated Statements of Operations:

Net Income from Discontinued Operations, Net of Taxes	September 27, 2024
	(in millions)
Revenue, net	$	1,883
Cost of revenue	1,138
Operating expenses:
Research and development	257
Selling, general and administrative	38
Business separation costs	43
Business realignment charges	(1)
Operating income	408
Total interest and other expense, net	(23)
Income before taxes	385
Income tax expense	45
Net income from discontinued operations, net of taxes	$	340

The following table provides selected financial information related to cash flows from discontinued operations:

	Three Months Ended
Select Cash Flow Information from Discontinued Operations	September 27, 2024
	(in millions)
Depreciation and amortization	$	55
Purchases of property, plant and equipment	67
Stock-based compensation	27