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OTHER COMPREHENSIVE INCOME (Tables)
3 Months Ended
Sep. 26, 2026
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Components of Other Comprehensive Income (Loss) and Related Tax Effects
A summary of the components of other comprehensive income (loss) and the related tax effects for each of the periods presented is as follows:
13-Week Period Ended Sep. 26, 2026
Location of
Expense (Income) Recognized in
Net Earnings
Before Tax
Amount
TaxNet of Tax
Amount
(In millions)
Foreign currency translation:
Foreign currency translation adjustmentN/A$9 $— $9 
Hedging instruments:
Other comprehensive income (loss) before reclassification adjustments:
Change in excluded component of fair value
  hedge
Other expense (income), net(2)— (2)
Change in cash flow hedges
Operating expenses, Interest expense
138 34 104 
Change in net investment hedges N/A(11)(3)(8)
Total other comprehensive income before reclassification adjustments125 31 94 
Reclassification adjustments:
Amortization of cash flow hedgesInterest expense1 — 1 
Pension and other postretirement benefit plans:
Other comprehensive income before
reclassification adjustments:
Net actuarial gain (loss) and other adjustments arising in the current yearOther expense, net4 1 3 
Total other comprehensive income before reclassification adjustments4 1 3 
Reclassification adjustments:
Amortization of actuarial loss, netOther expense (income), net7 2 5 
Total reclassification adjustments7 2 5 
Marketable securities:
   Change in marketable securities
Other expense (income), net(5)(1)(4)
Total other comprehensive income (loss)$141 $33 $108 
13-Week Period Ended Sep. 27, 2025
Location of
Expense (Income) Recognized in
Net Earnings
Before Tax
Amount
TaxNet of Tax
Amount
(In millions)
Foreign currency translation:
Foreign currency translation adjustmentN/A$(65)$— $(65)
Hedging instruments:
Other comprehensive income (loss) before reclassification adjustments:
Change in cash flow hedgesOperating expenses13 3 10 
Change in net investment hedgesN/A18 5 13 
Total other comprehensive income before reclassification adjustments31 8 23 
Reclassification adjustments:
Amortization of cash flow hedgesInterest expense1 — 1 
Pension and other postretirement benefit plans:
Other comprehensive income before reclassification adjustments:
Net actuarial gain (loss) and other adjustments arising in the current yearOther expense, net5 1 4 
Total other comprehensive income before reclassification adjustments5 1 4 
Reclassification adjustments:
Amortization of actuarial loss, netOther expense (income), net7 2 5 
Total reclassification adjustments7 2 5 
Marketable securities:
Change in marketable securitiesOther expense (income), net1 — 1 
Total other comprehensive income (loss)$(20)$11 $(31)
Schedule of Rollforward of Accumulated Other Comprehensive (Loss) Income
The following tables provide a summary of the changes in accumulated other comprehensive (loss) income for the periods presented:

13-Week Period Ended Sep. 26, 2026
Foreign Currency TranslationHedging,
net of tax
Pension and Other Postretirement Benefit Plans,
net of tax
Marketable Securities, net of taxTotal
(In millions)
Balance as of Jun. 27, 2026$(244)$25 $(795)$— $(1,014)
Equity adjustment from foreign currency translation9 — — — 9 
Amortization of cash flow hedges— 1 — — 1 
Change in net investment hedges— (8)— — (8)
Change in cash flow hedges— 104 — — 104 
Change in excluded component of fair value hedge— (2)— — (2)
Amortization of unrecognized net actuarial losses— — 5 — 5 
Net actuarial gain and other adjustments arising in the current year— — 3 — 3 
Change in marketable securities— — — (4)(4)
Balance as of Sep. 26, 2026$(235)$120 $(787)$(4)$(906)


13-Week Period Ended Sep. 27, 2025
Foreign Currency TranslationHedging,
net of tax
Pension and Other Postretirement Benefit Plans,
net of tax
Marketable Securities, net of taxTotal
(In millions)
Balance as of Jun. 28, 2025$(120)$(59)$(918)$(1)$(1,098)
Equity adjustment from foreign currency translation(65)— — — (65)
Amortization of cash flow hedges— 1 — — 1 
Change in net investment hedges— 13 — — 13 
Change in cash flow hedges— 10 — — 10 
Amortization of unrecognized net actuarial losses— — 5 — 5 
Net actuarial gain and other adjustments arising in the current year— — 4 — 4 
Change in marketable securities— — — 1 1 
Balance as of Sep. 27, 2025$(185)$(35)$(909)$— $(1,129)