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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Dec. 27, 2024
Dec. 29, 2023
Jun. 28, 2024
Jun. 30, 2023
Jul. 01, 2022
Cash flows from operating activities          
Net Income (Loss) $ 315 $ (819)      
Adjustments to reconcile net income (loss) to net cash used in operations:          
Depreciation and amortization 90 114      
Stock-based compensation 89 77      
Deferred income taxes 23 1      
Goodwill impairment (0) 0 $ 0   $ 0
(Gain) loss on disposal of assets (1) (60)      
Gain on business divestiture (34) 0      
Non-cash portion of impairment of cost method investments 1 0      
Unrealized foreign exchange (gain) loss (5) 26      
Equity (earnings) loss in investees, net of dividends received 59 4      
Other non-cash operating activities, net 10 41      
Settlement of accrued interest on Notes due to Parent (96) 0      
Changes in:          
Accounts receivable, net 31 (145)      
Inventories (252) 657      
Accounts payable 57 100      
Accounts payable to related parties (54) (42)      
Accrued expenses 13 (90)      
Accrued compensation 6 7      
Other assets and liabilities, net (288) (38)      
Net cash used in operating activities (36) (167)      
Cash flows from investing activities          
Purchases of property, plant and equipment (115) (99)      
Proceeds from the sale of property, plant and equipment 0 134      
Proceeds from dispositions of business 191 0      
Notes receivable issuances to Flash Ventures (266) (184)      
Notes receivable proceeds from Flash Ventures 182 263      
Distributions from Flash Ventures 176 0      
Strategic investments and other, net 1        
Strategic investments and other, net   (1)      
Net cash provided by (used in) investing activities 169 113      
Cash flows from financing activities          
Proceeds from principal repayments on Notes due from Parent 101 0      
Proceeds from borrowings on Notes due to Parent 550 0      
Repayments of principal on Notes due to Parent (76) (14)      
Origination of Notes due from Parent 0 (74)      
Transfers from (to) Parent (231) 274      
Net cash provided by (used in) financing activities 344 186      
Effect of exchange rate changes on cash (1) 1      
Net increase (decrease) in cash and cash equivalents 476 133      
Cash and cash equivalents, beginning of year 328 292 292    
Cash and cash equivalents, end of period 804 425 328 $ 292  
Supplemental disclosure of cash flow information:          
Non-cash transfers of property, plant and equipment from Parent 25 2      
Cash paid for interest 99 6      
Cash received for interest 2 7      
Non-cash transfers of deferred taxes from Parent 0 8      
Non-cash transfers of Notes due to Parent transferred from Parent 673 0      
Non-cash transfers of other assets and liabilities, net, from Parent 37 0      
Non-cash transfers of strategic investments from Parent 7 0      
Non-cash transfers of liability for unrecognized tax benefits transferred from Parent 14 0      
Non-cash transfers of Notes due from Parent transferred to Parent 0 113      
The Flash Business of Western Digital Corporation [Member]          
Cash flows from operating activities          
Net Income (Loss)     (672) (2,143) 1,064
Adjustments to reconcile net income (loss) to net cash used in operations:          
Depreciation and amortization     224 448 525
Stock-based compensation     149 165 171
Deferred income taxes     (16) (81) (68)
Asset impairment     4 1 0
Goodwill impairment     0 671 0
(Gain) loss on disposal of assets     (60) 0 3
Gain on business divestiture     0 0 (9)
Gain on Sale of Investments     (1) 3 0
Impairment Of Equity Investments     0 0 6
Unrealized foreign exchange (gain) loss     13 (37) 31
Equity (earnings) loss in investees, net of dividends received     49 (45) (51)
Other non-cash operating activities, net     87 114 79
Changes in:          
Accounts receivable, net     (395) 750 (165)
Inventories     314 (277) (56)
Accounts payable     32 (124) 39
Accounts payable to related parties     21 (23) (78)
Accrued expenses     (51) (104) 160
Accrued compensation     99 (56) (31)
Other assets and liabilities, net     (106) 31 (469)
Net cash used in operating activities     (309) (713) 1,151
Cash flows from investing activities          
Purchases of property, plant and equipment     (166) (219) (410)
Proceeds from the sale of property, plant and equipment     137 0 1
Proceeds from dispositions of business     0 0 25
Notes receivable issuances to Flash Ventures     (243) (627) (809)
Notes receivable proceeds from Flash Ventures     482 641 718
Strategic investments and other, net     0 16 3
Net cash provided by (used in) investing activities     210 (189) (472)
Cash flows from financing activities          
Proceeds from principal repayments on Notes due from Parent     14 216 307
Proceeds from borrowings on Notes due to Parent     0 54 199
Repayments of principal on Notes due to Parent     (102) (86) 0
Origination of Notes due from Parent     170 0 (223)
Transfers from (to) Parent     394 676 (933)
Net cash provided by (used in) financing activities     136 860 (650)
Effect of exchange rate changes on cash     (1) (1) (2)
Net increase (decrease) in cash and cash equivalents     36 (43) 27
Cash and cash equivalents, beginning of year $ 328 $ 292 292 335 308
Cash and cash equivalents, end of period     328 292 335
Supplemental disclosure of cash flow information:          
Non-cash transfers of property, plant and equipment from Parent     11 18 13
Cash paid for interest     12 7 2
Cash received for interest     10 12 2
Non-cash transfers of deferred taxes to Parent     (17) (2) (2)
Non-cash transfers of Notes due from Parent transferred to Parent     $ (113) $ (316) $ 0