XML 123 R105.htm IDEA: XBRL DOCUMENT v3.19.2
Separate Financial Information of Guarantor Subsidiaries - Balance Sheet (Details) - USD ($)
$ in Millions
Jun. 28, 2019
Jun. 29, 2018
Jun. 30, 2017
Jul. 05, 2016
Jul. 01, 2016
Current assets:          
Cash and cash equivalents $ 3,455 $ 5,005      
Accounts receivable, net 1,204 2,197      
Intercompany receivables 0        
Inventories 3,283 2,944      
Loans due from consolidated affiliates 0 0      
Other current assets 535 492      
Total current assets 8,477 10,638      
Non-current assets:          
Property, plant and equipment, net 2,843 3,095      
Notes receivable and investments in Flash Ventures 2,791 2,105      
Goodwill 10,076 10,075 $ 10,014    
Other intangible assets, net 1,711 2,680      
Investments in consolidated subsidiaries 0 0      
Loans due from consolidated affiliates 0 0      
Other non-current assets 472 642      
Total assets 26,370 29,235      
Current liabilities:          
Accounts payable 1,567 2,265      
Accounts payable to related parties 331 259      
Intercompany payables 0        
Accrued expenses 1,296 1,274      
Accrued compensation 347 479      
Loans due to consolidated affiliates 0 0      
Current portion of long-term debt 276 179      
Total current liabilities 3,817 4,456      
Non-current liabilities:          
Long-term debt 10,246 10,993      
Loans due to consolidated affiliates 0 0      
Other liabilities 2,340 2,255      
Total liabilities 16,403 17,704      
Shareholders’ equity:          
Total shareholders’ equity 9,967 11,531 11,418   $ 11,145
Total liabilities and shareholders’ equity 26,370 29,235      
Parent          
Current assets:          
Cash and cash equivalents 8 40 18 $ 0  
Accounts receivable, net 0 0      
Intercompany receivables 2,409        
Inventories 0 0      
Loans due from consolidated affiliates 0 1,903      
Other current assets 2 20      
Total current assets 2,419 1,963      
Non-current assets:          
Property, plant and equipment, net 0 0      
Notes receivable and investments in Flash Ventures 0 0      
Goodwill 0 0      
Other intangible assets, net 0 0      
Investments in consolidated subsidiaries 20,772 20,847      
Loans due from consolidated affiliates 0 943      
Other non-current assets 60 182      
Total assets 23,251 23,935      
Current liabilities:          
Accounts payable 0 0      
Accounts payable to related parties 0 0      
Intercompany payables 1,871        
Accrued expenses 195 198      
Accrued compensation 0 0      
Loans due to consolidated affiliates 0 1,066      
Current portion of long-term debt 276 179      
Total current liabilities 2,342 1,443      
Non-current liabilities:          
Long-term debt 10,213 10,962      
Loans due to consolidated affiliates 674 0      
Other liabilities 55 (1)      
Total liabilities 13,284 12,404      
Shareholders’ equity:          
Total shareholders’ equity 9,967 11,531      
Total liabilities and shareholders’ equity 23,251 23,935      
Guarantor Subsidiaries          
Current assets:          
Cash and cash equivalents 985 668 1,212 1,206  
Accounts receivable, net 779 1,358      
Intercompany receivables 5,808        
Inventories 990 990      
Loans due from consolidated affiliates 0 4,256      
Other current assets 251 195      
Total current assets 8,813 7,467      
Non-current assets:          
Property, plant and equipment, net 873 1,092      
Notes receivable and investments in Flash Ventures 0 0      
Goodwill 388 387      
Other intangible assets, net 23 38      
Investments in consolidated subsidiaries 16,355 19,893      
Loans due from consolidated affiliates 674 16      
Other non-current assets 51 29      
Total assets 27,177 28,922      
Current liabilities:          
Accounts payable 195 279      
Accounts payable to related parties 0 0      
Intercompany payables 3,515        
Accrued expenses 522 505      
Accrued compensation 214 297      
Loans due to consolidated affiliates 50 4,648      
Current portion of long-term debt 0 0      
Total current liabilities 4,496 5,729      
Non-current liabilities:          
Long-term debt 0 0      
Loans due to consolidated affiliates 0 427      
Other liabilities 1,795 1,768      
Total liabilities 6,291 7,924      
Shareholders’ equity:          
Total shareholders’ equity 20,886 20,998      
Total liabilities and shareholders’ equity 27,177 28,922      
Non-Guarantor Subsidiaries          
Current assets:          
Cash and cash equivalents 2,462 4,297 5,124 6,945  
Accounts receivable, net 425 839      
Intercompany receivables 1,581        
Inventories 2,438 2,159      
Loans due from consolidated affiliates 50 2,674      
Other current assets 282 277      
Total current assets 7,238 10,246      
Non-current assets:          
Property, plant and equipment, net 1,970 2,003      
Notes receivable and investments in Flash Ventures 2,791 2,105      
Goodwill 9,688 9,688      
Other intangible assets, net 1,688 2,642      
Investments in consolidated subsidiaries 0 0      
Loans due from consolidated affiliates 0 0      
Other non-current assets 361 431      
Total assets 23,736 27,115      
Current liabilities:          
Accounts payable 1,372 1,986      
Accounts payable to related parties 331 259      
Intercompany payables 4,412        
Accrued expenses 579 571      
Accrued compensation 133 182      
Loans due to consolidated affiliates 0 3,119      
Current portion of long-term debt 0 0      
Total current liabilities 6,827 6,117      
Non-current liabilities:          
Long-term debt 33 31      
Loans due to consolidated affiliates 0 532      
Other liabilities 490 488      
Total liabilities 7,350 7,168      
Shareholders’ equity:          
Total shareholders’ equity 16,386 19,947      
Total liabilities and shareholders’ equity 23,736 27,115      
Eliminations          
Current assets:          
Cash and cash equivalents 0 0 $ 0 $ 0  
Accounts receivable, net 0 0      
Intercompany receivables (9,798)        
Inventories (145) (205)      
Loans due from consolidated affiliates (50) (8,833)      
Other current assets 0 0      
Total current assets (9,993) (9,038)      
Non-current assets:          
Property, plant and equipment, net 0 0      
Notes receivable and investments in Flash Ventures 0 0      
Goodwill 0 0      
Other intangible assets, net 0 0      
Investments in consolidated subsidiaries (37,127) (40,740)      
Loans due from consolidated affiliates (674) (959)      
Other non-current assets 0 0      
Total assets (47,794) (50,737)      
Current liabilities:          
Accounts payable 0 0      
Accounts payable to related parties 0 0      
Intercompany payables (9,798)        
Accrued expenses 0 0      
Accrued compensation 0 0      
Loans due to consolidated affiliates (50) (8,833)      
Current portion of long-term debt 0 0      
Total current liabilities (9,848) (8,833)      
Non-current liabilities:          
Long-term debt 0 0      
Loans due to consolidated affiliates (674) (959)      
Other liabilities 0 0      
Total liabilities (10,522) (9,792)      
Shareholders’ equity:          
Total shareholders’ equity (37,272) (40,945)      
Total liabilities and shareholders’ equity $ (47,794) $ (50,737)