CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jan. 02, 2026	Dec. 27, 2024
Cash flows from operating activities
Net income	$ 915	$ 315
Adjustments to reconcile net income to net cash provided by (used in) operations:
Depreciation and amortization	74	90
Stock-based compensation	111	89
Deferred income taxes	(10)	23
Gain on disposal of assets	0	(1)
Impairment of cost method investments	5	1
Unrealized foreign exchange (gain) loss	20	(5)
(Gain) loss on sale of business divestiture	10	(34)
Amortization of debt issuance costs and discounts	5	0
Equity loss in investees, net of dividends received	46	59
Gain on sale of investments	(9)	0
Other non-cash operating activities, net	27	10
Settlement of accrued interest on Notes due to Western Digital Corporation	0	(96)
Changes in:
Accounts receivable, net	(171)	31
Inventories	109	(252)
Accounts payable	75	57
Accounts payable to related parties	33	(54)
Accrued expenses	(38)	13
Accrued compensation	100	6
Other assets and liabilities, net	205	(288)
Net cash provided by (used in) operating activities	1,507	(36)
Cash flows from investing activities
Purchases of property, plant and equipment	(89)	(115)
Proceeds from dispositions of business	25	191
Notes receivable issuances to Flash Ventures	(256)	(266)
Notes receivable proceeds from Flash Ventures	129	182
Distributions from Flash Ventures	0	176
Strategic investments and other, net	11	1
Net cash provided by (used in) investing activities	(180)	169
Cash flows from financing activities
Issuance of stock under employee stock plans	24	0
Taxes paid on vested stock awards under employee stock plans	(47)	0
Repayment of debt	(1,250)	0
Proceeds from borrowings on Notes due to Western Digital Corporation	0	550
Proceeds from principal repayments on Notes due from Western Digital Corporation	0	101
Repayments of principal on Notes due to Western Digital Corporation	0	(76)
Transfers to Western Digital Corporation	0	(231)
Net cash provided by (used in) financing activities	(1,273)	344
Effect of exchange rate changes on cash	4	(1)
Net increase in cash and cash equivalents	58	476
Cash and cash equivalents, beginning of year	1,481	328
Cash and cash equivalents, end of period	1,539	804
Supplemental disclosure of cash flow information:
Cash paid for interest	62	99
Cash received for interest	28	2
Cash paid for income taxes	92	0
Notes due to (from) Western Digital Corporation	0	673
Other assets and liabilities, net, from Western Digital Corporation	0	44
Property, plant and equipment from Western Digital Corporation	0	25
Tax balances to Western Digital Corporation	$ 0	$ (14)