CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 03, 2026	Jun. 27, 2025
Current assets:
Cash and cash equivalents	$ 2,050	$ 2,114
Accounts receivable, net	1,894	1,486
Inventories	1,357	1,291
Retained interest in Sandisk	1,187	354
Other current assets	423	611
Total current assets	6,911	5,856
Non-current assets:
Property, plant and equipment, net	2,422	2,343
Goodwill	4,321	4,319
Other non-current assets	1,391	1,484
Total assets	15,045	14,002
Current liabilities:
Accounts payable	1,587	1,266
Accrued expenses	766	719
Accrued compensation	501	407
Income taxes payable	202	800
Current portion of long-term debt	1,581	2,226
Total current liabilities	4,637	5,418
Non-current liabilities:
Long-term debt	0	2,485
Other liabilities	728	559
Total liabilities	5,365	8,462
Commitments and contingencies (Notes 8 and 14)
Convertible preferred stock	0	229
Shareholders’ equity:
Common stock	3	3
Additional paid-in capital	3,747	4,621
Accumulated other comprehensive income	3	20
Retained earnings	6,858	762
Treasury stock	(931)	(95)
Total shareholders’ equity	9,680	5,311
Total liabilities, convertible preferred stock and shareholders’ equity	$ 15,045	$ 14,002