FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 28, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value

The following tables present our assets measured at fair value on a recurring basis as of September 28, 2024 and June 29, 2024:

	Assets Measured at Fair Value as of Sep. 28, 2024
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Cash equivalents
Cash and cash equivalents	$	283	$	—	$	—	$	283
Other assets (1)	101		—		—		101
Total assets at fair value	$	384	$	—	$	—	$	384

(1) Represents restricted cash balance recorded within other assets in the consolidated balance sheet.

	Assets Measured at Fair Value as of Jun. 29, 2024
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Cash equivalents
Cash and cash equivalents	$	269	$	—	$	—	$	269
Other assets (1)	249		—		—		249
Total assets at fair value	$	518	$	—	$	—	$	518

(1) Represents restricted cash balance recorded within other assets in the consolidated balance sheet.