CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jan. 02, 2026	Dec. 27, 2024
Cash flows from operating activities
Net income	$ 3,024	$ 1,087
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization	180	255
Stock-based compensation	106	161
Deferred income taxes	84	26
Gain on business divestiture	0	(113)
Gain on retained interest in Sandisk	(1,714)	0
Other non-cash operating activities, net	12	62
Changes in:
Accounts receivable, net	(199)	(431)
Inventories	(55)	(112)
Accounts payable	219	242
Accounts payable to related parties	0	(54)
Accrued expenses	42	109
Accrued compensation	51	(76)
Income taxes payable	(577)	(57)
Other assets and liabilities, net	244	(662)
Net cash provided by operating activities	1,417	437
Cash flows from investing activities
Purchases of property, plant and equipment	(165)	(212)
Proceeds from the sale of property, plant and equipment	0	4
Net proceeds from business divestiture	0	191
Notes receivable issuances to Flash Ventures	0	(266)
Notes receivable proceeds from Flash Ventures	0	182
Distribution from Flash Ventures	0	176
Strategic investments and other, net	(8)	3
Net cash provided by (used in) investing activities	(173)	78
Cash flows from financing activities
Issuance of stock under employee stock plans	32	52
Taxes paid on vested stock awards under employee stock plans	(95)	(80)
Repurchases of common stock	(1,168)	0
Dividends paid to common shareholders	(77)	0
Dividends paid to preferred shareholders	(10)	0
Repayments of debt	(63)	(225)
Proceeds from debt	0	150
Net cash used in financing activities	(1,381)	(103)
Effect of exchange rate changes on cash	(2)	0
Net increase (decrease) in cash and cash equivalents	(139)	412
Cash and cash equivalents, beginning of period	2,114	1,879
Cash and cash equivalents, end of period	1,975	2,291
Supplemental disclosure of cash flow information:
Cash paid for income taxes	524	673
Cash paid for interest	$ 104	$ 177