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CONDENSED CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Retained Earnings
Beginning balance (in shares) at Jun. 28, 2024 200          
Beginning balance at Jun. 28, 2024 $ 229          
Ending balance (in shares) at Sep. 27, 2024 200          
Ending balance at Sep. 27, 2024 $ 229          
Beginning balance (in shares) at Jun. 28, 2024   343,000        
Beginning balance at Jun. 28, 2024 10,818 $ 3   $ 4,752 $ (712) $ 6,775
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 493         493
Employee stock plans (in shares)   3,000        
Employee stock plans (64)     (64)    
Stock-based compensation 84     84    
Foreign currency translation adjustment 121       121  
Net unrealized gain on derivative contracts, net of taxes 191       191  
Ending balance (in shares) at Sep. 27, 2024   346,000        
Ending balance at Sep. 27, 2024 $ 11,643 $ 3   4,772 (400) 7,268
Beginning balance (in shares) at Jun. 27, 2025 200          
Beginning balance at Jun. 27, 2025 $ 229          
Ending balance (in shares) at Oct. 03, 2025 200          
Ending balance at Oct. 03, 2025 $ 229          
Beginning balance (in shares) at Jun. 27, 2025 349,000 349,000        
Beginning balance at Jun. 27, 2025 $ 5,311 $ 3 $ (95) 4,621 20 762
Treasury stock, beginning balance (in shares) at Jun. 27, 2025 (2,000)   (2,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 1,182         1,182
Employee stock plans (in shares)     1,000      
Employee stock plans (56)   $ 69 (125)    
Stock-based compensation 53     53    
Repurchases of common stock (in shares)     (6,000)      
Repurchases of common stock (557)   $ (557)      
Preferred stock dividends (5)         (5)
Common stock dividends (34)     1   (35)
Net unrealized gain on derivative contracts, net of taxes $ (6)       (6)  
Ending balance (in shares) at Oct. 03, 2025 349,000 349,000        
Ending balance at Oct. 03, 2025 $ 5,888 $ 3 $ (583) $ 4,550 $ 14 $ 1,904
Treasury stock, ending balance (in shares) at Oct. 03, 2025 (7,000)   (7,000)