FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 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 December 28, 2024 and June 29, 2024:

	Assets Measured at Fair Value as of Dec. 28, 2024
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Cash equivalents
Cash and cash equivalents	$	383	$	—	$	—	$	383
Other assets (1)	62		—		—		62
Total assets at fair value	$	445	$	—	$	—	$	445

(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.