v3.26.1
MARKETABLE SECURITIES (Tables)
12 Months Ended
Jun. 27, 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 June 27, 2026 and June 28, 2025:
Jun. 27, 2026
Amortized Cost BasisGross Unrealized GainsGross Unrealized LossesFair ValueShort-Term Marketable SecuritiesLong-Term Marketable Securities
(In millions)
Fixed income securities:
Corporate bonds$76 $— $— $76 $16 $60 
Government bonds62 — (1)61 59 
Total marketable securities$138 $— $(1)$137 $18 $119 

Jun. 28, 2025
Amortized Cost BasisGross Unrealized GainsGross Unrealized LossesFair ValueShort-Term Marketable SecuritiesLong-Term Marketable Securities
(In millions)
Fixed income securities:
Corporate bonds$104 $$(1)$104 $15 $89 
Government bonds29 — (1)28 — 28 
Total marketable securities$133 $$(2)$132 $15 $117 
Schedule of Available-for-Sale Debt Securities Held to Actual Maturity
As of June 27, 2026, the balance of available-for-sale securities by contractual maturity is shown in the following table on a fiscal year basis. 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.
Jun. 27, 2026
(In millions)
Due in one year or less$18 
Due after one year through five years64 
Due after five years 55 
Total$137