v3.25.2
Supplemental Financial Statement Data (Tables)
12 Months Ended
Jun. 27, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventories
Inventories
June 27,
2025
June 28,
2024
(in millions)
Inventories:
Raw materials and component parts$227 $329 
Work-in-process785 829 
Finished goods279 229 
Total inventories$1,291 $1,387 
Schedule of Property, Plant and Equipment
Property, plant and equipment, net
June 27,
2025
June 28,
2024
(in millions)
Property, plant and equipment:
Land and improvements
$225 $225 
Buildings and improvements1,550 1,419 
Machinery and equipment6,488 6,301 
Computer equipment and software257 313 
Furniture and fixtures33 32 
Construction-in-process532 685 
Property, plant and equipment, gross9,085 8,975 
Accumulated depreciation(6,742)(6,616)
Property, plant and equipment, net$2,343 $2,359 
Schedule of Other Assets, Noncurrent
Non-current assets
June 27,
2025
June 28,
2024
(in millions)
Non-current assets:
Deferred tax assets
$1,007 $225 
Other non-current assets
477 612 
Total non-current assets
$1,484 $837 
Schedule of Movement in Standard Product Warranty Accrual and Total Warranty Accrual
Product warranty liability

Changes in the warranty accrual were as follows:
202520242023
(in millions)
Warranty accrual, beginning of period$142 $202 $293 
Charges to operations99 79 76 
Utilization(83)(119)(143)
Changes in estimate related to pre-existing warranties(6)(20)(24)
Warranty accrual, end of period$152 $142 $202 

The current portion of the warranty accrual is classified in Accrued expenses and the long-term portion is classified in Other liabilities as noted below:
June 27,
2025
June 28,
2024
(in millions)
Warranty accrual:
Current portion (included in Accrued expenses)$57 $
Long-term portion (included in Other liabilities)95 133 
Total warranty accrual$152 $142 
Schedule of Other Noncurrent Liabilities
Other liabilities
June 27,
2025
June 28,
2024
(in millions)
Other liabilities:
Non-current net tax payable$— $200 
Non-current portion of unrecognized tax benefits163 443 
Other non-current liabilities396 359 
Total other liabilities$559 $1,002 
Schedule of Accumulated Other Comprehensive Loss The following table illustrates the changes in the balances of each component of Accumulated other comprehensive income (loss):
Actuarial Pension Gains (Losses)
Foreign Currency Translation Adjustment
Unrealized Gains (Losses) on Derivative Contracts
Total Accumulated Comprehensive Income (Loss)
(in millions)
Balance at June 30, 2023$(2)$(389)$(157)$(548)
Other comprehensive income (loss) before reclassifications23 (115)(331)(423)
Amounts reclassified from accumulated other comprehensive income (loss)— — 244 244 
Income tax benefit (expense) related to items of other comprehensive income (loss)(7)(1)23 15 
Net current-period other comprehensive income (loss)16 (116)(64)(164)
Balance at June 28, 202414 (505)(221)(712)
Other comprehensive income before reclassifications45 31 79 
Amounts reclassified from accumulated other comprehensive income (loss)— — 149 149 
Income tax expense related to items of other comprehensive income(1)— (41)(42)
Net current-period other comprehensive income45 139 186 
Distribution in connection with the Separation— 458 88 546 
Balance at June 27, 2025$16 $(2)$$20