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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Apr. 03, 2026
Mar. 28, 2025
Apr. 03, 2026
Mar. 28, 2025
Income Statement [Abstract]        
Revenue, net $ 3,337 $ 2,294 $ 9,172 $ 6,915
Cost of revenue 1,661 1,382 4,889 4,290
Gross profit 1,676 912 4,283 2,625
Operating expenses:        
Research and development 294 245 877 732
Selling, general and administrative 147 108 413 444
Litigation matter 0 (201) 0 (198)
Business realignment charges 45 0 103 (7)
Total operating expenses 486 152 1,393 971
Operating income 1,190 760 2,890 1,654
Interest and other income (expense):        
Interest income 12 10 41 25
Interest expense (38) (91) (151) (283)
Gain (loss) on retained interest in Sandisk 2,734 (606) 4,448 (606)
Costs in connection with debt-for-equity exchange (545) 0 (545) 0
Other income (expense), net 6 1 (25) (7)
Total interest and other income (expense), net 2,169 (686) 3,768 (871)
Income before taxes 3,359 74 6,658 783
Income tax expense (benefit) 154 (698) 429 (608)
Net income from continuing operations 3,205 772 6,229 1,391
Net income (loss) from discontinued operations, net of taxes 0 (252) 0 216
Net income $ 3,205 $ 520 $ 6,229 $ 1,607
Basic:        
Continuing operations (in dollars per share) $ 9.26 $ 2.17 $ 17.80 $ 3.91
Discontinued operations (in dollars per share) 0 (0.71) 0 0.62
Basic (in dollars per share) 9.26 1.46 17.80 4.53
Diluted:        
Continuing operations (in dollars per share) 8.20 2.11 16.05 3.79
Discontinued operations (in dollars per share) 0 (0.69) 0 0.59
Diluted (in dollars per share) $ 8.20 $ 1.42 $ 16.05 $ 4.38