XML 110 R91.htm IDEA: XBRL DOCUMENT v3.25.2
COMPANY-SPONSORED EMPLOYEE BENEFIT PLANS - Funded Status (Details) - USD ($)
$ in Millions
12 Months Ended
Oct. 25, 2022
Jun. 28, 2025
Jun. 29, 2024
Jul. 01, 2023
Change in plan assets:        
Cash surrender value of corporate-owned life insurance   $ 163 $ 166  
Accumulated other comprehensive loss (income)        
Prior service cost   5 3  
Actuarial losses   1,264 1,271  
Total   1,269 1,274  
Other Postretirement Plans        
Change in benefit obligation:        
Benefit obligation at beginning of year   9    
Benefit obligation at end of year   11 9  
Change in plan assets:        
Cash surrender value of corporate-owned life insurance   87 91  
Pension Benefits and SERP | United States        
Change in benefit obligation:        
Benefit obligation at beginning of year   2,897 2,979  
Service cost   7 8  
Interest cost   166 164  
Amendments   2 0  
Curtailments   0 0  
Actuarial loss (gain), net   35 (135)  
Benefit payments   (128) (119)  
Settlements   0 0  
Foreign currency exchange impact   0 0  
Benefit obligation at end of year   2,979 2,897 $ 2,979
Change in plan assets:        
Fair value of plan assets at beginning of year   2,502 2,641  
Actual return on plan assets   122 (65)  
Employer contribution   38 13  
Benefit payments   (128) (87)  
Settlements   0 0  
Foreign currency exchange impact   0 0  
Fair value of plan assets at end of year   2,534 2,502 2,641
Funded status at end of year   (445) (395)  
Accumulated benefit obligations/aggregate benefit obligation in excess of fair value of plan assets        
Accumulated benefit obligation/aggregate benefit obligation   2,970 2,888  
Fair value of plan assets at end of year   2,534 2,502  
Pension Benefits        
Change in plan assets:        
Employer contribution   61 68  
Pension Benefits | United States        
Change in benefit obligation:        
Service cost   7 8 8
Interest cost   166 164 171
Change in plan assets:        
Fair value of plan assets at beginning of year   2,502    
Settlements $ (695)      
Fair value of plan assets at end of year   2,534 2,502  
Amounts recognized in the balance sheets        
Current accrued benefit liability (Accrued expenses)   (32) (32)  
Noncurrent accrued benefit liability (Other long-term liabilities)   (413) (363)  
Net amount recognized   (445) (395)  
Accumulated other comprehensive loss (income)        
Prior service cost   3 2  
Actuarial losses   1,181 1,160  
Total   1,184 1,162  
Pension Benefits | International Plan        
Change in benefit obligation:        
Benefit obligation at beginning of year   295 286  
Service cost   2 2 2
Interest cost   15 14 10
Amendments   0 0  
Curtailments   (1) (1)  
Actuarial loss (gain), net   (16) 8  
Benefit payments   (15) (13)  
Settlements   0 (1)  
Foreign currency exchange impact   26 0  
Benefit obligation at end of year   306 295 286
Change in plan assets:        
Fair value of plan assets at beginning of year   158 185  
Actual return on plan assets   26 (35)  
Employer contribution   22 22  
Benefit payments   (15) (13)  
Settlements   0 (1)  
Foreign currency exchange impact   17 0  
Fair value of plan assets at end of year   208 158 $ 185
Funded status at end of year   (98) (137)  
Amounts recognized in the balance sheets        
Current accrued benefit liability (Accrued expenses)   (2) (2)  
Noncurrent accrued benefit liability (Other long-term liabilities)   (96) (135)  
Net amount recognized   (98) (137)  
Accumulated other comprehensive loss (income)        
Prior service cost   2 1  
Actuarial losses   83 111  
Total   85 112  
Accumulated benefit obligations/aggregate benefit obligation in excess of fair value of plan assets        
Accumulated benefit obligation/aggregate benefit obligation   300 291  
Fair value of plan assets at end of year   208 158  
Supplemental executive retirement plan        
Change in plan assets:        
Long-term defined benefit pension liabilities   333 340  
U.S Retirement Plan        
Change in plan assets:        
Employer contribution   6    
U.S Retirement Plan | United States        
Change in plan assets:        
Funded status at end of year   $ (112) $ (55)