Balance Sheet Information (Tables)

3 Months Ended

Oct. 02, 2026

The details of the cash, cash equivalents and restricted cash were as follows:


(Dollars in millions)	October 2, 2026		July 3, 2026
Cash and cash equivalents	$	1,258	$	1,704
Restricted cash included in Other current assets	112		1
Total cash, cash equivalents and restricted cash shown in the Statements of Cash Flows	$	1,370	$	1,705

The details of the cash, cash equivalents and restricted cash were as follows:


(Dollars in millions)	October 2, 2026		July 3, 2026
Cash and cash equivalents	$	1,258	$	1,704
Restricted cash included in Other current assets	112		1
Total cash, cash equivalents and restricted cash shown in the Statements of Cash Flows	$	1,370	$	1,705

The details of the inventory, net were as follows:


(Dollars in millions)	October 2, 2026		July 3, 2026
Raw materials and components	$	319	$	307
Work-in-process	1,156		1,088
Finished goods	225		176
Total inventories, net	$	1,700	$	1,571

The details of the other current assets were as follows:

The components of property, equipment and leasehold improvements, net were as follows:


(Dollars in millions)	October 2, 2026		July 3, 2026
Gross property, equipment and leasehold improvements	$	10,840	$	10,676
Less: accumulated depreciation and amortization	(8,675)		(8,642)
Property, equipment and leasehold improvements, net	$	2,165	$	2,034

The details of the accrued expenses were as follows:

Other Non-Current Liabilities

The details of the other non-current liabilities were as follows:


(Dollars in millions)	October 2, 2026		July 3, 2026
Deferred contract liabilities	$	182	$	188
Non-current income tax payable	749		436
Non-current lease liabilities	321		293
Other accrued expenses	164		256
Total	$	1,416	$	1,173