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Shareholders' Equity (Tables)
9 Months Ended
Mar. 29, 2019
Disclosure of Compensation Related Costs, Share-based Payments [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 Condensed Consolidated Statements of Operations:
 
Three Months Ended
 
Nine Months Ended
 
March 29,
2019
 
March 30,
2018
 
March 29,
2019
 
March 30,
2018
 
(in millions)
Options
$
3

 
$
6

 
$
12

 
$
19

Restricted and performance stock units
71

 
89

 
208

 
260

Employee stock purchase plan
10

 
8

 
22

 
20

Subtotal
84

 
103

 
242

 
299

Tax benefit
(14
)
 
(17
)
 
(39
)
 
(51
)
Total
$
70

 
$
86

 
$
203

 
$
248


 
Three Months Ended
 
Nine Months Ended
 
March 29,
2019
 
March 30,
2018
 
March 29,
2019
 
March 30,
2018
 
(in millions)
Cost of revenue
$
13

 
$
11

 
$
37

 
$
37

Research and development
41

 
45

 
122

 
134

Selling, general and administrative
30

 
46

 
83

 
127

Employee termination, asset impairment, and other charges

 
1

 

 
1

Subtotal
84

 
103

 
242

 
299

Tax benefit
(14
)
 
(17
)
 
(39
)
 
(51
)
Total
$
70

 
$
86

 
$
203

 
$
248



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 March 29, 2019:
 
Unamortized Compensation Costs
 
Weighted Average Service Period
 
(in millions)
 
(years)
Options
$
12

 
1.2
RSUs and PSUs (1)
577

 
2.5
ESPP
62

 
1.7
Total unamortized compensation cost
$
651

 
 
 
 
(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 June 29, 2018
4.8

 
$
64.23

 
 
 
 
Exercised
(0.4
)
 
39.11

 
 
 
$
7

Canceled or expired
(0.3
)
 
80.18

 
 
 
 
Options outstanding at March 29, 2019
4.1

 
$
65.07

 
3.1
 
$
9

Exercisable at March 29, 2019
3.2

 
$
69.46

 
2.8
 
$
7

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 June 29, 2018
12.6

 
$
58.31

 
 
Granted
6.9

 
56.01

 
 
Vested
(6.0
)
 
52.36

 
$
345

Forfeited
(1.1
)
 
56.68

 
 
RSUs and PSUs outstanding at March 29, 2019
12.4

 
$
62.63