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Supplemental Financial Statement Data (Tables)
 12 Months Ended
Jun. 27, 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:
(in millions)
Balance at June 28, 2024$7,207 
Divestiture (1)
(382)
Impairment charges(1,830)
Foreign currency translation adjustment4 
Balance at June 27, 2025$4,999 
(1) On September 28, 2024, the Company sold its majority interest in a subsidiary. See Note 10, Related Parties and Related Commitments and Contingencies for additional disclosures.
Schedule of Inventories
Inventories
20252024
(in millions)
Inventories:
Raw materials and component parts$1,517 $1,398 
Work-in-process262 237 
Finished goods300 320 
Total inventories$2,079 $1,955 
Schedule of Property, Plant and Equipment, Net
The Company’s long-lived assets, including property, plant and equipment by geographic area, are as follows:
20252024
(in millions)
Long-lived assets
United States$93 $77 
China14 249 
Malaysia398 388 
Rest of Asia67 4 
Europe, Middle East and Africa47 73 
Total Long-lived assets$619 $791 
Property, plant and equipment, net
20252024
(in millions)
Property, plant and equipment:
Land$10 $10 
Machinery and equipment1,480 2,340 
Buildings and improvements390 397 
Computer equipment and software176 123 
Furniture and fixtures18 16 
Construction-in-process51 108 
Property, plant and equipment, gross2,125 2,994 
Accumulated depreciation(1,506)(2,203)
Property, plant and equipment, net$619 $791 
Schedule of Product Warranty Liability
Product warranty liability
Changes in the warranty accrual were as follows:
202520242023
(in millions)
Warranty accrual, beginning of period$48 $42 $52 
Charges to operations27 28 30 
Utilization(35)(34)(26)
Changes in estimate related to pre-existing warranties4 12 (14)
Warranty accrual, end of period$44 $48 $42 
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:
20252024
(in millions)
Warranty accrual:
Current portion$22 $27 
Long-term portion22 21 
Total warranty accrual$44 $48 
Schedule of Other Liabilities
Other liabilities
20252024
(in millions)
Other liabilities:
Non-current lease liability$193 $171 
Non-current net tax payable131 56 
Tax indemnification liability110 — 
Other non-current liabilities62 59 
Total other liabilities$496 $286 
Schedule of Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss (“AOCL”), net of tax, refers to expenses, gains, and losses that are recorded as an element of equity but are excluded from net income. The components of AOCL were as follows:
Foreign Currency Translation AdjustmentUnrealized Income (Losses) on Derivative ContractsTotal Accumulated Comprehensive Loss
(in millions)
Balance at June 30, 2023$(165)$(178)$(343)
Other comprehensive loss
(43)(87)(130)
Income tax benefit related to items of other comprehensive loss
— 21 21 
Net current-period other comprehensive loss(43)(66)(109)
Balance at June 28, 2024$(208)$(244)$(452)
Other comprehensive income
10 222 232 
Income tax expense related to items of other comprehensive income— (19)(19)
Net current-period other comprehensive income
10 203 213 
Net transfer to Western Digital Corporation(4)(6)(10)
Balance at June 27, 2025$(202)$(47)$(249)