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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 02, 2021
Apr. 03, 2020
Apr. 02, 2021
Apr. 03, 2020
Income Statement [Abstract]        
Revenue, net $ 4,137 $ 4,175 $ 12,002 $ 12,449
Cost of revenue 3,046 3,170 9,047 9,751
Gross profit 1,091 1,005 2,955 2,698
Operating expenses:        
Research and development 555 563 1,645 1,715
Selling, general and administrative 287 281 808 884
Employee termination, asset impairment, and other charges (68) 8 (43) 25
Total operating expenses 774 852 2,410 2,624
Operating income 317 153 545 74
Interest and other income (expense):        
Interest income 2 6 6 26
Interest expense (81) (99) (246) (326)
Other income (expense), net 11 (14) 26 (5)
Total interest and other expense, net (68) (107) (214) (305)
Income (loss) before taxes 249 46 331 (231)
Income tax expense 52 29 132 167
Net income (loss) $ 197 $ 17 $ 199 $ (398)
Income (loss) per common share        
Basic (in USD per share) $ 0.64 $ 0.06 $ 0.65 $ (1.34)
Diluted (in USD per share) $ 0.63 $ 0.06 $ 0.65 $ (1.34)
Weighted average shares outstanding:        
Basic (in shares) 306 299 305 298
Diluted (in shares) 313 303 308 298
Cash dividends declared per share (in USD per share) $ 0 $ 0.50 $ 0 $ 1.50