XML 28 R10.htm IDEA: XBRL DOCUMENT
v3.19.2

Supplemental Financial Statement Data | 12 Months Ended
--- | ---
Jun. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Supplemental Financial Statement Data | Supplemental Financial Statement Data Accounts receivable, net From time to time, in connection with factoring agreements, the Company sells trade accounts receivable without recourse to third party purchasers in exchange for cash. During 2019 and 2018, the Company sold trade accounts receivable and received cash proceeds of $1.02 billion and $57 million, respectively. The discounts on the trade accounts receivable sold during the periods were not material and were recorded within Other income (expense), net in the Consolidated Financial Statements. As of June 28, 2019 and June 29, 2018, the amount of factored receivables that remained outstanding was $318 million and $57 million, respectively. Inventories
| June 28, 2019 |  | June 29, 2018
| (in millions)
Inventories: |  |  |
Raw materials and component parts | $ | 1,142 |  |  | $ | 1,048 |
Work-in-process | 968 |  |  | 878 |
Finished goods | 1,173 |  |  | 1,018 |
Total inventories | $ | 3,283 |  |  | $ | 2,944 |
Property, plant and equipment, net
| June 28, 2019 |  | June 29, 2018
| (in millions)
Property, plant, and equipment: |  |  |
Land | $ | 294 |  |  | $ | 306 |
Buildings and improvements | 1,743 |  |  | 1,949 |
Machinery and equipment | 7,267 |  |  | 7,209 |
Computer equipment and software | 441 |  |  | 440 |
Furniture and fixtures | 56 |  |  | 48 |
Construction-in-process | 202 |  |  | 234 |
Property, plant and equipment, gross | 10,003 |  |  | 10,186 |
Accumulated depreciation | (7,160 | ) |  | (7,091 | )
Property, plant, and equipment, net | $ | 2,843 |  |  | $ | 3,095 |
Depreciation expense of property, plant and equipment totaled $844 million, $871 million and $960 million in 2019, 2018 and 2017, respectively. Product warranty liability Changes in the warranty accrual were as follows:
| 2019 |  | 2018 |  | 2017
| (in millions)
Warranty accrual, beginning of period | $ | 318 |  |  | $ | 311 |  |  | $ | 279 |
Charges to operations | 162 |  |  | 176 |  |  | 177 |
Utilization | (142 | ) |  | (151 | ) |  | (151 | )
Changes in estimate related to pre-existing warranties | 12 |  |  | (18 | ) |  | 6 |
Warranty accrual, end of period | $ | 350 |  |  | $ | 318 |  |  | $ | 311 |
The current portion of the warranty accrual is classified in Accrued expenses and the long-term portion is classified in Other liabilities as noted below:
| 2019 |  | 2018
| (in millions)
Warranty accrual |  |  |
Current portion | $ | 188 |  |  | $ | 168 |
Long-term portion | 162 |  |  | 150 |
Total warranty accrual | $ | 350 |  |  | $ | 318 |
Other liabilities
| 2019 |  | 2018
| (in millions)
Other non-current liabilities: |  |  |
Non-current net tax payable | $ | 928 |  |  | $ | 1,315 |
Payables related to unrecognized tax benefits | 699 |  |  | 508 |
Other non-current liabilities | 713 |  |  | 432 |
Total other non-current liabilities | $ | 2,340 |  |  | $ | 2,255 |
Accumulated other comprehensive income (loss) Other comprehensive income (loss) (“OCI”), net of tax refers to expenses, gains and losses that are recorded as an element of shareholders’ equity but are excluded from net income. The following table illustrates the changes in the balances of each component of Accumulated other comprehensive income (loss) (“AOCI”):
| Actuarial Pension Gains (Losses) |  | Foreign Currency Translation Adjustment |  | Unrealized Gains (Losses) on Derivative Contracts and available-for-sale securities |  | Total Accumulated Comprehensive Income (Loss)
| (in millions)
Balance at July 1, 2017 | $ | (18 | ) |  | $ | (39 | ) |  | $ | (1 | ) |  | $ | (58 | )
Other comprehensive income (loss) before reclassifications | (2 | ) |  | 18 |  |  | 25 |  |  | 41 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | (18 | ) |  | (18 | )
Income tax benefit (expense) related to items of other comprehensive income (loss) | 1 |  |  | — |  |  | (5 | ) |  | (4 | )
Net current-period other comprehensive income (loss) | (1 | ) |  | 18 |  |  | 2 |  |  | 19 |
Balance at June 29, 2018 | (19 | ) |  | (21 | ) |  | 1 |  |  | (39 | )
Other comprehensive income (loss) before reclassifications | (39 | ) |  | 28 |  |  | (48 | ) |  | (59 | )
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | 9 |  |  | 9 |
Income tax benefit (expense) related to items of other comprehensive income (loss) | 5 |  |  | (3 | ) |  | 19 |  |  | 21 |
Net current-period other comprehensive loss | (34 | ) |  | 25 |  |  | (20 | ) |  | (29 | )
Balance at June 28, 2019 | $ | (53 | ) |  | $ | 4 |  |  | $ | (19 | ) |  | $ | (68 | )
During 2019, 2018 and 2017, the amounts reclassified out of AOCI related to derivative contracts were not material and substantially all were charged to Cost of revenue in the Consolidated Statements of Operations.

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration