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Shareholders' Equity (Tables) | 12 Months Ended
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Jun. 28, 2019
Share-based Payment Arrangement [Abstract] |
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award | The following tables present the Company’s stock-based compensation for equity-settled awards by type and financial statement line as well as the related tax benefit included in the Company’s Consolidated Statements of Operations:
| 2019 |  | 2018 |  | 2017
| (in millions)
Options | $ | 16 |  |  | $ | 25 |  |  | $ | 41 |
Restricted and performance stock units | 263 |  |  | 325 |  |  | 330 |
Employee stock purchase plan | 27 |  |  | 27 |  |  | 23 |
Total | $ | 306 |  |  | $ | 377 |  |  | $ | 394 |
| 2019 |  | 2018 |  | 2017
| (in millions)
Cost of revenue | $ | 48 |  |  | $ | 49 |  |  | $ | 49 |
Research and development | 155 |  |  | 170 |  |  | 173 |
Selling, general and administrative | 103 |  |  | 157 |  |  | 161 |
Employee termination, asset impairment, and other charges | — |  |  | 1 |  |  | 11 |
Subtotal | 306 |  |  | 377 |  |  | 394 |
Tax benefit | (50 | ) |  | (66 | ) |  | (105 | )
Total | $ | 256 |  |  | $ | 311 |  |  | $ | 289 |
Employee Service Share-based Compensation , Unrecognized Costs | The following table presents the unamortized compensation cost and weighted average service period of all unvested outstanding awards as of June 28, 2019:
| Unamortized Compensation Costs |  | Weighted Average Service Period
| (in millions) |  | (years)
Options | $ | 7 |  |  | 1.0
RSUs and PSUs (1) | 485 |  |  | 2.4
ESPP | 65 |  |  | 1.9
Total unamortized compensation cost | $ | 557 |  |  |
(1) Weighted average service period assumes the performance metrics are met for the PSUs.
Stock Option Activity | The following table summarizes stock option activity under the Company’s incentive plans:
| Number of Shares |  | Weighted Average Exercise Price Per Share |  | Weighted Average Remaining Contractual Life |  | Aggregate Intrinsic Value
| (in millions) |  |  |  | (in years) |  | (in millions)
Options outstanding at July 1, 2016 | 9.0 |  |  | $ | 55.74 |  |  |  |  |
Granted | 2.8 |  |  | 44.83 |  |  |  |  |
Exercised | (3.5 | ) |  | 37.72 |  |  |  |  | $ | 120 |
Canceled or expired | (0.9 | ) |  | 71.31 |  |  |  |  |
Options outstanding at June 30, 2017 | 7.4 |  |  | 58.14 |  |  |  |  |
Exercised | (2.2 | ) |  | 44.52 |  |  |  |  | $ | 99 |
Canceled or expired | (0.4 | ) |  | 60.85 |  |  |  |  |
Options outstanding at June 29, 2018 | 4.8 |  |  | 64.23 |  |  |  |  |
Exercised | (0.4 | ) |  | 39.58 |  |  |  |  | $ | 8 |
Canceled or expired | (0.5 | ) |  | 74.79 |  |  |  |  |
Options outstanding at June 28, 2019 | 3.9 |  |  | $ | 65.72 |  |  | 2.6 |  | $ | 8 |
Exercisable at June 28, 2019 | 3.3 |  |  | $ | 68.97 |  |  | 2.3 |  | $ | 6 |
Restricted Stock Unit | The following table summarizes RSU and PSU activity under the Company’s incentive plans:
| Number of Shares |  | Weighted Average Grant Date Fair Value |  | Aggregate Intrinsic Value at Vest Date
| (in millions) |  |  |  | (in millions)
RSUs and PSUs outstanding at July 1, 2016 | 15.7 |  |  | $ | 41.92 |  |  |
Granted | 6.0 |  |  | 44.13 |  |  |
Vested | (5.9 | ) |  | 46.98 |  |  | $ | 399 |
Forfeited | (2.1 | ) |  | 43.89 |  |  |
RSUs and PSUs outstanding at June 30, 2017 | 13.7 |  |  | 45.01 |  |  |
Granted | 6.3 |  |  | 74.68 |  |  |
Vested | (6.3 | ) |  | 45.20 |  |  | $ | 552 |
Forfeited | (1.1 | ) |  | 50.35 |  |  |
RSUs and PSUs outstanding at June 29, 2018 | 12.6 |  |  | 58.31 |  |  |
Granted | 7.3 |  |  | 54.82 |  |  |
Vested | (6.3 | ) |  | 53.21 |  |  | $ | 360 |
Forfeited | (2.0 | ) |  | 58.63 |  |  |
RSUs and PSUs outstanding at June 28, 2019 | 11.6 |  |  | $ | 62.07 |  |  |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The fair value of stock options granted in 2017 was estimated using the following weighted average assumptions:
| 2017
Suboptimal exercise factor | 2.69
Range of risk-free interest rates | 0.59% to 1.42%
Range of expected stock price volatility | 0.35 to 0.49
Weighted-average expected volatility | 0.40
Post-vesting termination rate | 1.71%
Dividend yield | 3.42%
Fair value | $13.72
Weighted-average expected term (in years) | 3.6
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions | The fair values of all outstanding ESPP purchase rights have been estimated at the date of grant using a Black-Scholes-Merton option-pricing model with the following weighted average assumptions:
| 2019 |  | 2018 |  | 2017
Weighted-average expected term (in years) | 1.26 |  | 1.24 |  | 1.26
Risk-free interest rate | 2.39% |  | 2.25% |  | 0.81%
Stock price volatility | 0.41 |  | 0.35 |  | 0.42
Dividend yield | 4.92% |  | 2.42% |  | 4.02%
Fair value | $8.28 |  | $16.89 |  | $10.06
Shares of Common Stock Reserved for Issuance Table | The following table summarizes all common stock reserved for issuance at June 28, 2019:
| Number of Shares
| (in millions)
Outstanding awards and shares available for award grants | 33 |
ESPP | 12 |
Total | 45 |

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