Income Taxes (Tables)

3 Months Ended

Oct. 03, 2025

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
	October 3, 2025			September 27, 2024
	($ in millions)
Income before taxes	$	1,337		$	243
Income tax expense	155			90
Effective tax rate	12		%	37		%

Schedule of Unrecognized Tax Benefits Roll Forward

The following is a reconciliation of the total amounts of unrecognized tax benefits excluding accrued interest and penalties for the three months ended October 3, 2025 (in millions):

Accrual balance at June 27, 2025	$	569
Gross increases related to current year tax positions	8
Gross increases related to prior year tax positions	24
Gross decreases related to prior year tax positions	(1)
Lapse of statute of limitations	(2)
Accrual balance at October 3, 2025	$	598