Debt (Tables)

12 Months Ended

Jun. 27, 2025

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

Debt consisted of the following:

	June 27, 2025		June 28, 2024
	(in millions)
Variable interest rate Term Loan Facility maturing 2032	$	1,900	$	—
$1.5B Revolving Credit Facility maturing 2030	—		—
Total Debt	1,900		—
Unamortized Issuance Costs	51		—
Subtotal	1,849		—
Less: current portion of long-term debt	20		—
Long term debt	$	1,829	$	—

Schedule of Maturities of Long-Term Debt

As of June 27, 2025, the Company is subject to required principal payment as follows:

	Contractual Maturity
	(in millions)
Fiscal year:
2026	$	20
2027	20
2028	20
2029	20
2030	20
2031 and thereafter	1,800
Total debt maturities	1,900
Issuance costs	(51)
Net carrying value	$	1,849