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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 01, 2021
Jan. 03, 2020
Jan. 01, 2021
Jan. 03, 2020
Income Statement [Abstract]        
Revenue, net $ 3,943 $ 4,234 $ 7,865 $ 8,274
Cost of revenue 2,983 3,299 6,001 6,581
Gross profit 960 935 1,864 1,693
Operating expenses:        
Research and development 535 578 1,090 1,152
Selling, general and administrative 265 298 521 603
Employee termination, asset impairment, and other charges 2 9 25 17
Total operating expenses 802 885 1,636 1,772
Operating income (loss) 158 50 228 (79)
Interest and other income (expense):        
Interest income 2 8 4 20
Interest expense (81) (105) (165) (227)
Other income, net 6 7 15 9
Total interest and other expense, net (73) (90) (146) (198)
Income (loss) before taxes 85 (40) 82 (277)
Income tax expense 23 99 80 138
Net income (loss) $ 62 $ (139) $ 2 $ (415)
Income (loss) per common share        
Basic (in USD per share) $ 0.20 $ (0.47) $ 0.01 $ (1.40)
Diluted (in USD per share) $ 0.20 $ (0.47) $ 0.01 $ (1.40)
Weighted average shares outstanding:        
Basic (in shares) 305 298 304 297
Diluted (in shares) 307 298 305 297
Cash dividends declared per share (in USD per share) $ 0 $ 0.50 $ 0 $ 1.00