v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Jun. 27, 2025   146        
Treasury stock, beginning balance (shares) at Jun. 27, 2025     0      
Beginning balance at Jun. 27, 2025 $ 9,216 $ 1 $ 0 $ 11,248 $ (1,784) $ (249)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 112       112  
Employee stock plans (in shares)   1        
Employee stock plans (15)     (15)    
Repurchases of common stock 0          
Foreign currency translation adjustment (14)         (14)
Net unrealized gain on derivative contracts 29         29
Stock-based compensation 53     53    
Ending balance (in shares) at Oct. 03, 2025   147        
Treasury stock, ending balance (shares) at Oct. 03, 2025     0      
Ending balance at Oct. 03, 2025 $ 9,381 $ 1 $ 0 11,286 (1,672) (234)
Beginning balance (in shares) at Jul. 03, 2026 146 149 [1]        
Treasury stock, beginning balance (shares) at Jul. 03, 2026     (3)      
Beginning balance at Jul. 03, 2026 $ 15,736 [1] $ 1 [1] $ (4,537) 10,879 9,649 (256)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 8,101 [1]       8,101  
Employee stock plans (in shares) [1]   1        
Employee stock plans (758) [1]     (759)    
Repurchases of common stock (in shares)     (3)      
Repurchases of common stock (5,044) [1]   $ (5,044)      
Foreign currency translation adjustment 8 [1]         8
Net unrealized gain on derivative contracts 0 [1]         0
Stock-based compensation $ 91 [1]     91    
Ending balance (in shares) at Oct. 02, 2026 144 150 [1]        
Treasury stock, ending balance (shares) at Oct. 02, 2026     (6)      
Ending balance at Oct. 02, 2026 $ 18,134 [1] $ 2 [1] $ (9,581) $ 10,211 $ 17,750 $ (248)
[1] Amounts may not sum due to rounding.