Fair Value Measurements and Investments (Tables)

6 Months Ended

12 Months Ended

Dec. 27, 2024

Jun. 28, 2024

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s financial instruments that were measured at fair value on a recurring basis for the periods presented and indicate the fair value hierarchy of the valuation techniques utilized to determine such values:

	December 27, 2024
	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:
Cash equivalents - Money market funds	$	232	$	—	$	—	$	232
Foreign exchange contracts (included in other current assets)		—		17		—		17
Total assets at fair value	$	232	$	17	$	—	$	249
Liabilities:
Foreign exchange contracts (included in accrued expenses)	$	—	$	145	$	—	$	145
Total liabilities at fair value	$	—	$	145	$	—	$	145

	June 28, 2024
	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:
Cash equivalents - Money market funds	$	28	$	—	$	—	$	28
Foreign exchange contracts (included in other current assets)		—		7		—		7
Total assets at fair value	$	28	$	7	$	—	$	35
Liabilities:
Foreign exchange contracts (included in accrued expenses)	$	—	$	179	$	—	$	179
Total liabilities at fair value	$	—	$	179	$	—	$	179

The Flash Business of Western Digital Corporation [Member]

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present information about the Business’s financial assets and liabilities that are measured at fair value on a recurring basis, and indicate the fair value hierarchy of the valuation techniques utilized to determine such values for the periods presented:

	June 28, 2024
	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:
Cash equivalents - Money market funds	$	28	$	—	$	—	$	28
Foreign exchange contracts	$	—	$	7	$	—	$	7
Total assets at fair value	$	28	$	7	$	—	$	35
Liabilities:
Foreign exchange contracts	$	—	$	179	$	—	$	179
Total liabilities at fair value	$	—	$	179	$	—	$	179

	June 30, 2023
	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:
Foreign exchange contracts	$	—	$	31	$	—	$	31
Total assets at fair value	$	—	$	31	$	—	$	31
Liabilities:
Foreign exchange contracts	$	—	$	171	$	—	$	171
Total liabilities at fair value	$	—	$	171	$	—	$	171