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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Jun. 28, 2024
Cash flows from operating activities      
Net income (loss) $ 11,433,000,000 $ (1,641,000,000) $ (672,000,000)
Adjustments to reconcile net income (loss) to net cash provided by operations:      
Depreciation and amortization 149,000,000 163,000,000 224,000,000
Stock-based compensation 232,000,000 182,000,000 149,000,000
Goodwill impairment 0 1,830,000,000 0
Deferred income taxes 120,000,000 (12,000,000) (16,000,000)
(Gain) loss on disposal of assets 5,000,000 (1,000,000) (60,000,000)
Gain (loss) on equity securities, net (808,000,000) 2,000,000 (1,000,000)
Unrealized foreign exchange (gain) loss 86,000,000 (25,000,000) 13,000,000
(Gain) loss on business divestiture 10,000,000 (34,000,000) 0
Loss on debt extinguishment 46,000,000 0 0
Amortization of debt issuance costs and discounts 7,000,000 3,000,000 0
Equity loss in investees, net of dividends received 160,000,000 73,000,000 49,000,000
Settlement of accrued interest on Notes due to Western Digital Corporation 0 (99,000,000) 0
Other non-cash operating activities, net 19,000,000 23,000,000 91,000,000
Changes in:      
Accounts receivable, net (3,640,000,000) (100,000,000) (395,000,000)
Inventories (619,000,000) (160,000,000) 314,000,000
Accounts payable 109,000,000 93,000,000 32,000,000
Accounts payable to related parties 60,000,000 (23,000,000) 21,000,000
Accrued expenses 10,000,000 (1,000,000) (30,000,000)
Accrued compensation 460,000,000 21,000,000 99,000,000
Refund liability 1,374,000,000 25,000,000 (38,000,000)
Contract liabilities 1,217,000,000 (11,000,000) 17,000,000
Income taxes payable 1,370,000,000 0 0
Other assets and liabilities, net (129,000,000) (224,000,000) (106,000,000)
Net cash provided by (used in) operating activities 11,671,000,000 84,000,000 (309,000,000)
Cash flows from investing activities      
Purchase of marketable equity securities (970,000,000) 0 0
Purchases of property, plant and equipment (177,000,000) (204,000,000) (166,000,000)
Proceeds from the sale of property, plant and equipment 0 0 137,000,000
Proceeds from dispositions of business 25,000,000 401,000,000 0
Notes receivable issuances to Flash Ventures (462,000,000) (333,000,000) (243,000,000)
Notes receivable proceeds from Flash Ventures 187,000,000 515,000,000 482,000,000
Distributions from Flash Ventures 0 176,000,000 0
Strategic investments and other, net 11,000,000 1,000,000 0
Net cash provided by (used in) investing activities (1,386,000,000) 556,000,000 210,000,000
Cash flows from financing activities      
Issuance of stock under employee stock plans 53,000,000 5,000,000 0
Taxes paid on vested stock awards under employee stock plans (630,000,000) (13,000,000) 0
Repurchases of common stock (4,524,000,000) 0 0
Proceeds from debt 0 1,970,000,000 0
Repayment of debt (1,900,000,000) (100,000,000) 0
Debt issuance costs 0 (32,000,000) 0
Proceeds from borrowings on Notes due to Western Digital Corporation 0 550,000,000 0
Proceeds from principal repayments on Notes due from Western Digital Corporation 0 101,000,000 14,000,000
Repayments of principal on Notes due to Western Digital Corporation 0 (76,000,000) (102,000,000)
Transfers from (to) Western Digital Corporation 0 (1,887,000,000) 394,000,000
Origination of Notes due from Western Digital Corporation 0 0 (170,000,000)
Net cash provided by (used in) financing activities (7,001,000,000) 518,000,000 136,000,000
Effect of exchange rate changes on cash (3,000,000) (5,000,000) (1,000,000)
Net increase in cash and cash equivalents 3,281,000,000 1,153,000,000 36,000,000
Cash and cash equivalents, beginning of year 1,481,000,000 328,000,000 292,000,000
Cash and cash equivalents, end of year 4,762,000,000 1,481,000,000 328,000,000
Supplemental disclosure of cash flow information:      
Cash paid for interest 116,000,000 139,000,000 12,000,000
Cash received for interest 70,000,000 2,000,000 10,000,000
Cash paid for income taxes 146,000,000 50,000,000 0
Accrued purchases of long-lived assets 56,000,000 10,000,000 11,000,000
Unpaid taxes relating to vested stock awards and repurchases of common stock 37,000,000 0 0
Notes due to Western Digital Corporation 0 1,223,000,000 (113,000,000)
Other assets and liabilities, net, from Western Digital Corporation 0 105,000,000 0
Contribution of equity interest in Unis Venture from Western Digital Corporation 0 61,000,000 0
Property, plant and equipment from Western Digital Corporation 0 27,000,000 11,000,000
Tax balances from (to) Western Digital Corporation 0 8,000,000 (17,000,000)
Tax indemnification liability to Western Digital Corporation $ 0 $ (112,000,000) $ 0