Supplemental Financial Statement Data (Tables)

3 Months Ended

Oct. 03, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Carrying Amount of Goodwill

The following table provides a summary of goodwill activity for the period presented:

	Goodwill
	(in millions)
Balance at June 27, 2025	$	4,999
Impairment charges	—
Foreign currency translation adjustment	(1)
Balance at October 3, 2025	$	4,998

Schedule of Inventories

Inventories

	October 3, 2025		June 27, 2025
	(in millions)
Inventories:
Raw materials and component parts	$	1,289	$	1,517
Work-in-process	255		262
Finished goods	363		300
Total inventories	$	1,907	$	2,079

Schedule of Property, Plant and Equipment, Net

Property, plant and equipment, net

	October 3, 2025		June 27, 2025
	(in millions)
Property, plant and equipment:
Land	$	10	$	10
Machinery and equipment	1,499		1,480
Buildings and improvements	393		390
Computer equipment and software	182		176
Furniture and fixtures	18		18
Construction-in-process	58		51
Property, plant and equipment, gross	2,160		2,125
Accumulated depreciation	(1,530)		(1,506)
Property, plant and equipment, net	$	630	$	619

Schedule of Product Warranty Liability

Product warranty liability

Changes in the warranty accrual were as follows:

	October 3, 2025
	(in millions)
Warranty accrual, beginning of period	$	44
Charges to operations	14
Utilization	(8)
Changes in estimate related to pre-existing warranties	4
Warranty accrual, end of period	$	54

The current portion of the warranty accrual was classified in Accrued expenses and the long-term portion was classified in Other liabilities as noted below:

	October 3, 2025		June 27, 2025
	(in millions)
Warranty accrual:
Current portion	$	26	$	22
Long-term portion	28		22
Total warranty accrual	$	54	$	44

Schedule of Other Liabilities

Other liabilities

	October 3, 2025		June 27, 2025
	(in millions)
Other liabilities:
Non-current lease liability	$	188	$	193
Non-current net tax payable	112		131
Tax indemnification liability	125		110
Other non-current liabilities	68		62
Total other liabilities	$	493	$	496

Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss (“AOCL”), net of tax, refers to expenses, gains, and losses that are recorded as an element of equity but are excluded from net income. The components of AOCL were as follows:

	Foreign Currency Translation Adjustment		Unrealized Income (Losses) on Derivative Contracts		Total Accumulated Comprehensive Loss
	(in millions)
Balance at June 27, 2025	$	(202)	$	(47)	$	(249)
Other comprehensive income (loss)	(14)		39		25
Income tax expense related to items of other comprehensive income	—		(10)		(10)
Net current-period other comprehensive income (loss)	(14)		29		15
Balance at October 3, 2025	$	(216)	$	(18)	$	(234)