Segment Reporting (Tables)

12 Months Ended

Jun. 27, 2025

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

The following table presents the revenue, costs of revenue, operating expenses, and operating income (loss) of the Company’s reportable operating segment under its internal management reporting system, along with a reconciliation to consolidated net income (loss) before taxes. This presentation aligns with how the CODM evaluates performance and allocates resources.

	Year Ended
	June 27, 2025		June 28, 2024		June 30, 2023
	(in millions)
Revenue	$	7,355	$	6,663	$	6,086
Costs of revenue (1)	(5,127)		(5,607)		(5,637)
Operating expenses (1)	(1,539)		(1,365)		(1,425)
Stock-based compensation expenses	(182)		(149)		(165)
Amortization of acquired intangible assets	—		—		(133)
Employee termination and other	(21)		40		(69)
Goodwill impairment	(1,830)		—		(671)
Business separation costs	(67)		(64)		—
Strategic review	—		(20)		(20)
Gain on business divestiture	34		—		—
Recoveries of contamination related charges	—		36		—
Other	—		(2)		(1)
Total interest and other income (expense), net	(102)		(35)		33
Income tax expense	(162)		(169)		(141)
Net loss	$	(1,641)	$	(672)	$	(2,143)

(1) For the management view, Costs of revenue excludes stock-based compensation and Operating expenses excludes stock-based compensation, amortization of intangibles, employee termination, goodwill impairment, business separation/strategic review costs, gain on business divestiture and recoveries of contamination-related charges, that are presented separately in the table above.