XML 20 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2019
Jun. 29, 2018
Current assets:    
Cash and cash equivalents $ 3,455 $ 5,005
Accounts receivable, net 1,204 2,197
Inventories 3,283 2,944
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
Other intangible assets, net 1,711 2,680
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
Accrued expenses 1,296 1,274
Accrued compensation 347 479
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
Other liabilities 2,340 2,255
Total liabilities 16,403 17,704
Commitments and contingencies (Notes 6, 9, 13 and 16)
Shareholders’ equity:    
Preferred stock, $0.01 par value; authorized — 5 shares; issued and outstanding — none 0 0
Common stock, $0.01 par value; authorized — 450 shares; issued — 312 shares in 2019 and 2018; outstanding — 295 shares in 2019 and 296 shares in 2018 3 3
Additional paid-in capital 3,851 4,254
Accumulated other comprehensive loss (68) (39)
Retained earnings 7,449 8,757
Treasury stock — common shares at cost; 17 shares in 2019 and 16 shares in 2018 (1,268) (1,444)
Total shareholders’ equity 9,967 11,531
Total liabilities and shareholders’ equity $ 26,370 $ 29,235