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Business Segments, Geographic Information, and Concentrations of Risk (Tables)

12 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table summarizes the operating performance of the Company’s reportable segments:

			2023						2022						2021
			(in millions, except percentages)
Net revenue:
Flash			$	6,063					$	9,753					$	8,706
HDD			6,255						9,040						8,216
Total net revenue			$	12,318					$	18,793					$	16,922
Gross profit:
Flash			$	433					$	3,527					$	2,611
HDD			1,505						2,661						2,221
Total gross profit for segments			1,938						6,188						4,832
Unallocated corporate items:
Stock-based compensation expense			(49)						(48)						(55)
Amortization of acquired intangible assets			—						(66)						(331)
Contamination related charges			—						(207)						—
Recoveries from a power outage incident			—						7						75
Other			(2)						—						—
Total unallocated corporate items			(51)						(314)						(311)
Consolidated gross profit			$	1,887					$	5,874					$	4,521
Gross margin:
Flash			7.1		%				36.2		%				30.0		%
HDD			24.1		%				29.4		%				27.0		%
Consolidated gross margin			15.3		%				31.3		%				26.7		%

Schedule of Disaggregation of Revenue

The Company’s disaggregated revenue information is as follows:

			2023						2022						2021
			(in millions)
Revenue by End Market
Cloud			$	5,252					$	8,017					$	5,723
Client			4,328						7,076						7,281
Consumer			2,738						3,700						3,918
Total Revenue			$	12,318					$	18,793					$	16,922

Schedule of Revenue from External Customers by Geographic Areas

The Company’s operations outside the United States include manufacturing facilities in China, Japan, Malaysia, the Philippines and Thailand, as well as sales offices throughout the Americas, Asia Pacific, Europe, the Middle East, and Africa. The following tables summarize the Company’s operations by geographic area:

			2023						2022						2021
			(in millions)
Net revenue (1)
United States			$	3,810					$	5,411					$	3,789
China			2,773						4,525						4,339
Hong Kong			1,829						3,645						3,624
Rest of Asia			1,444						1,884						1,492
Europe, Middle East and Africa			2,100						2,872						3,061
Other			362						456						617
Total			$	12,318					$	18,793					$	16,922

(1)    Net revenue is attributed to geographic regions based on the ship-to location of the customer. License and royalty revenue is attributed to countries based upon the location of the headquarters of the licensee.

Schedule of Long-lived Assets by Geographic Areas

			2023						2022
			(in millions)
Long-lived assets (1)
United States			$	1,071					$	1,130
Malaysia			861						831
China			397						441
Thailand			851						816
Rest of Asia			393						406
Europe, Middle East and Africa			47						46
Total			$	3,620					$	3,670

(1)    Long-lived assets include property, plant and equipment and are attributed to the geographic location in which they are located.

Schedule of Goodwill

The following table provides a summary of goodwill activity for the period:

			Flash						HDD						Total
			(in millions)
Balance at July 1, 2022			$	5,718					$	4,323					$	10,041
Foreign currency translation adjustment			(2)						(2)						(4)
Balance at June 30, 2023			$	5,716					$	4,321					$	10,037

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