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Stock Repurchase Program (Tables)
 12 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Repurchases Under Repurchase Program
Repurchases under the repurchase program were as follows during the periods indicated:
PeriodTotal Number
of Shares
Repurchased
Total
Cost of
Repurchase (3)
Average
Price Paid
Per Share (1,3)
Amount Available
Under Repurchase
Program
 (in thousands, except per share data)
Available balance as of June 25, 2023$3,537,217 
Quarter ended September 24, 20231,257 $829,874 $660.01 $2,707,343 
Quarter ended December 24, 2023970 $640,267 $660.04 $2,067,076 
Quarter ended March 31, 2024828 (2)$860,084 $774.77 $1,206,992 
Board authorization, $10 billion increase, May 2024
$11,206,992 
Quarter ended June 30, 2024525 (2)$382,332 $993.91 $10,824,660 
(1)    Average price paid per share excludes the effect of accelerated share repurchase activities. See additional disclosure below regarding the Company’s accelerated share repurchase activity during the fiscal year.
(2)    Includes shares received at initial or final settlement of accelerated share repurchase agreements; see additional disclosures below regarding the Company’s accelerated share repurchase activity during the fiscal year.
(3)    The Company’s net share repurchases are subject to a 1% excise tax under the Inflation Reduction Act. Excise tax incurred reduces the amount available under the repurchase program, as applicable, and is included in the cost of shares repurchased in the Consolidated Statement of Stockholders’ Equity and the calculation of the average price paid per share.