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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Jun. 30, 2023
Jul. 01, 2022
Jul. 02, 2021
Cash flows from operating activities      
Net income (loss) $ (1,706) $ 1,500 $ 821
Adjustments to reconcile net income (loss) to net cash provided by operations:      
Depreciation and amortization 828 929 1,212
Stock-based compensation 318 326 318
Deferred income taxes (34) 114 (242)
Gain on disposal of assets (7) (16) (70)
Non-cash portion of asset impairment 19 0 0
Gain on business divestiture 0 (9) 0
Amortization of debt issuance costs and discounts 13 44 40
Other non-cash operating activities, net 71 67 (6)
Changes in:      
Accounts receivable, net 1,206 (546) 121
Inventories (60) (22) (546)
Accounts payable (459) (129) 11
Accounts payable to related parties (28) (78) (9)
Accrued expenses (352) 246 257
Income taxes payable 130 (74) 95
Accrued compensation (162) (123) 162
Other assets and liabilities, net (185) (349) (266)
Net cash provided by (used in) operating activities (408) 1,880 1,898
Cash flows from investing activities      
Purchases of property, plant and equipment (821) (1,122) (1,146)
Proceeds from the sale of property, plant and equipment 14 15 143
Proceeds from dispositions of business 0 32 0
Notes receivable issuances to Flash Ventures (627) (809) (541)
Notes receivable proceeds from Flash Ventures 641 718 772
Strategic investments and other, net 31 (26) 7
Net cash used in investing activities (762) (1,192) (765)
Cash flows from financing activities      
Issuance of stock under employee stock plans 93 122 134
Taxes paid on vested stock awards under employee stock plans (80) (90) (56)
Net proceeds from convertible preferred stock 881 0 0
Repayment of government grants 0 0 (9)
Repayment of debt (1,180) (3,621) (886)
Proceeds from debt issuance 1,180 1,894 0
Debt issuance costs (19) (23) 0
Net cash provided by (used in) financing activities 875 (1,718) (817)
Effect of exchange rate changes on cash (9) (13) 6
Net increase (decrease) in cash and cash equivalents (304) (1,043) 322
Cash and cash equivalents, beginning of year 2,327 3,370 3,048
Cash and cash equivalents, end of year 2,023 2,327 3,370
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 177 423 348
Cash paid for interest 294 245 283
Noncash exchange of Term Loan A-1 for Term Loan A-2 $ 0 $ 2,104 $ 0