Net Income (loss) per Common Share (Tables)

9 Months Ended

Mar. 28, 2025

Earnings Per Share [Abstract]

Schedule of Net Income (loss) per Common Share

The following table presents the computation of basic and diluted income (loss) per common share:

	Three Months Ended				Nine Months Ended
	March 28, 2025		March 29, 2024		March 28, 2025		March 29, 2024
	(in millions, except per share amounts)
Net income (loss)	$	(1,933)	$	27	$	(1,618)	$	(792)
Weighted average shares outstanding:
Basic and diluted	145		145		145		145
Net income (loss) per common share:
Basic and diluted	$	(13.33)	$	0.19	$	(11.16)	$	(5.46)
Dilutive weighted-average shares (1)	2		—		2		—

(1) Dilutive stock-based awards were excluded from the calculation of diluted shares because their effect would have been anti-dilutive.