Income Tax Expense (Tables)

6 Months Ended

Dec. 27, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The following table presents the Company’s Income tax expense and the effective tax rate:

	Three Months Ended						Six Months Ended
	December 27, 2024			December 29, 2023			December 27, 2024			December 29, 2023
	($ in millions)
Income (loss) before taxes	$	173		$	(260)		$	440		$	(754)
Income tax expense	69			41			125			65
Effective tax rate	40		%	(16)		%	28		%	(9)		%

Schedule of Unrecognized Tax Benefits Roll Forward

The following is a tabular reconciliation of the total amounts of unrecognized tax benefits, excluding accrued interest and penalties for the six months ended December 27, 2024:

	(in millions)
Accrual balance at June 28, 2024	$	47
Gross increases related to prior year tax positions	17
Gross increases related to current year tax positions	3
Gross decrease related to prior year tax positions	(7)
Accrual balance at December 27, 2024	$	60