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MARKETABLE SECURITIES (Tables)
9 Months Ended
Mar. 28, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-For-Sale Marketable Securities The following table presents our available-for-sale marketable securities as of March 28, 2026 and June 28, 2025:
Mar. 28, 2026
Amortized
Cost Basis
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Short-Term
Marketable
Securities
Long-Term
Marketable
Securities
(In millions)
Fixed income securities:
Corporate bonds
$90
$1
$(1)
$90
$20
$70
Government bonds
35
(1)
34
2
32
Total marketable securities
$125
$1
$(2)
$124
$22
$102
Jun. 28, 2025
Amortized
Cost Basis
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Short-Term
Marketable
Securities
Long-Term
Marketable
Securities
(In millions)
Fixed income securities:
Corporate bonds
$104
$1
$(1)
$104
$15
$89
Government bonds
29
(1)
28
28
Total marketable securities
$133
$1
$(2)
$132
$15
$117
Schedule of Available-For-Sale Debt Securities Held to Actual Maturity As of March 28, 2026, the balance of available-for-sale securities by contractual maturity is shown in the following
table. Within the table, maturities of fixed income securities have been allocated based upon timing of estimated cash flows.
Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay
obligations without prepayment penalties.
Mar. 28, 2026
(In millions)
Due in one year or less
$22
Due after one year through five years
65
Due after five years
37
Total
$124