v3.26.1
Shareholders’ Equity and Convertible Preferred Stock - Common Stock, Convertible Preferred Stock, Share Repurchase Program and Dividends (Details)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Aug. 04, 2026
$ / shares
Feb. 17, 2026
USD ($)
shares
Jan. 31, 2023
USD ($)
day
$ / shares
shares
Feb. 28, 2026
shares
Jul. 03, 2026
USD ($)
$ / shares
shares
Jul. 03, 2026
USD ($)
$ / shares
shares
Jun. 27, 2025
USD ($)
$ / shares
shares
Jun. 28, 2024
USD ($)
shares
Feb. 02, 2026
USD ($)
May 09, 2025
USD ($)
Jun. 30, 2023
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Common stock, authorized (in shares) | shares         750,000,000 750,000,000 750,000,000        
Common stock, par value (in dollars per share) | $ / shares         $ 0.01 $ 0.01 $ 0.01        
Common stock, issued (in shares) | shares         364,000,000 364,000,000 349,000,000        
Common stock, outstanding (in shares) | shares         361,000,000 361,000,000 347,000,000        
Treasury stock, common shares at cost (in shares) | shares         3,000,000 3,000,000 2,000,000        
Preferred dividends in cash           $ 8 $ 8        
Convertible preferred stock, shares outstanding (in shares) | shares         0 0 200,000 200,000     900,000
Conversion of convertible preferred stock (in shares) | shares           200,000   700,000      
Stock repurchase program, number of shares authorized to be repurchased                   $ 2,000  
Additional amount authorized                 $ 4,000    
Repurchases of common stock (in shares) | shares       4,800,000   14,700,000          
Treasury stock, common shares at cost           $ 2,590          
Stock repurchase program, remaining authorized repurchase, amount         $ 3,260 3,260          
Common stock repurchased, value         2,990 2,989          
Costs in connection with equity-for-equity exchanges         254 $ 254 $ 0 $ 0      
Cash dividends declared per share (in USD per share) | $ / shares           $ 0.50 $ 0.10        
Cash dividends           $ 174 $ 35        
Sandisk Corporation (Flash)                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Investment exchanged, value         $ 3,240 $ 3,240          
Subsequent Event                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Cash dividends declared per share (in USD per share) | $ / shares $ 0.15                    
Common Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Common stock, outstanding (in shares) | shares         364,000,000 364,000,000 349,000,000 343,000,000     322,000,000
Conversion of convertible preferred stock (in shares) | shares               15,000,000      
Convertible Preferred Stock, Due To Participation Rights                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Cash dividends           $ 2 $ 1        
Series A Preferred Stock | Private Placement                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Convertible preferred stock, shares authorized (in shares) | shares     900,000                
Convertible preferred stock, par value (in dollars per share) | $ / shares     $ 0.01                
Convertible Preferred Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Remaining outstanding Preferred Shares | shares   7,000,000                  
Aggregate liquidation preference   $ 267         $ 265        
Dividends paid in-kind   $ 32                  
Convertible preferred stock, shares outstanding (in shares) | shares             235,000        
Conversion of convertible preferred stock (in shares) | shares               665,000      
Convertible Preferred Stock | Maximum                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Conversion price, percentage     150.00%                
Consecutive trading days | day     30                
Convertible Preferred Stock | Minimum                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Consecutive trading days | day     20                
Convertible Preferred Stock | Private Placement                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Convertible preferred stock, shares authorized (in shares) | shares     5,000,000                
Convertible preferred stock, par value (in dollars per share) | $ / shares     $ 1,000                
Aggregate purchase price     $ 900                
Issuance costs     $ 24                
Preferred dividend annual rate increasing per annum (as percent)     6.25%                
Cumulative dividends             $ 30