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v3.23.1

Supplemental Financial Statement Data (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Inventories | Inventories
| March 31, 2023 |  | July 1, 2022
| (in millions)
Inventories: |  |  |
Raw materials and component parts | $ | 2,204 |  |  | $ | 1,603 |
Work-in-process | 1,025 |  |  | 1,162 |
Finished goods | 750 |  |  | 873 |
Total inventories | $ | 3,979 |  |  | $ | 3,638 |
Schedule of Property, Plant and Equipment, Net | Property, plant and equipment, net
| March 31, 2023 |  | July 1, 2022
| (in millions)
Property, plant and equipment: |  |  |
Land | $ | 269 |  |  | $ | 269 |
Buildings and improvements | 1,957 |  |  | 1,920 |
Machinery and equipment | 8,716 |  |  | 8,642 |
Computer equipment and software | 510 |  |  | 494 |
Furniture and fixtures | 55 |  |  | 54 |
Construction-in-process | 756 |  |  | 591 |
Property, plant and equipment, gross | 12,263 |  |  | 11,970 |
Accumulated depreciation | (8,595) |  |  | (8,300) |
Property, plant and equipment, net | $ | 3,668 |  |  | $ | 3,670 |
Schedule of Other Intangible Assets | Other Intangible assets, net
| March 31, 2023 |  | July 1, 2022
| (in millions)
Other Intangible assets: |  |  |
Finite-lived intangible assets | $ | 5,493 |  |  | $ | 5,493 |
In-process research and development | 80 |  |  | 80 |
Accumulated amortization | (5,476) |  |  | (5,360) |
Other Intangible assets, net | $ | 97 |  |  | $ | 213 |
Schedule of Product Warranty Liability | Product warranty liability Changes in the warranty accrual were as follows:
| Three Months Ended |  | Nine Months Ended |  |
| March 31, 2023 |  | April 1, 2022 |  | March 31, 2023 |  | April 1, 2022 |  |
| (in millions)
Warranty accrual, beginning of period | $ | 289 |  |  | $ | 351 |  |  | $ | 345 |  |  | $ | 363 |  |  |
Charges to operations | 26 |  |  | 35 |  |  | 83 |  |  | 111 |  |  |
Utilization | (43) |  |  | (20) |  |  | (137) |  |  | (71) |  |  |
Changes in estimate related to pre-existing warranties | — |  |  | (11) |  |  | (19) |  |  | (48) |  |  |
Warranty accrual, end of period | $ | 272 |  |  | $ | 355 |  |  | $ | 272 |  |  | $ | 355 |  |  |
The current portion of the warranty accrual is classified in Accrued expenses and the long-term portion is classified in Other liabilities as noted below:
| March 31, 2023 |  | July 1, 2022 |  |  |  |  |  |
| (in millions)
Warranty accrual: |  |  |  |  |  |  |  |  |
Current portion (included in Accrued expenses) | $ | 117 |  |  | $ | 162 |  |  |  |  |  |  |
Long-term portion (included in Other liabilities) | 155 |  |  | 183 |  |  |  |  |  |  |
Total warranty accrual | $ | 272 |  |  | $ | 345 |  |  |  |  |  |  |
Schedule of Other Liabilities | Other liabilities
| March 31, 2023 |  | July 1, 2022
| (in millions)
Other liabilities: |  |  |
Non-current net tax payable | $ | 462 |  |  | $ | 659 |
Non-current portion of unrecognized tax benefits | 439 |  |  | 477 |
Other non-current liabilities | 604 |  |  | 643 |
Total other liabilities | $ | 1,505 |  |  | $ | 1,779 |
Schedule of Accumulated Other Comprehensive Loss | The following table illustrates the changes in the balances of each component of AOCI:
| Actuarial Pension Losses |  | Foreign Currency Translation Adjustment |  |  |  |  |  | Unrealized Losses on Derivative Contracts |  | Total Accumulated Comprehensive Loss
| (in millions)
Balance at July 1, 2022 | $ | (11) |  |  | $ | (277) |  |  |  |  |  |  | $ | (266) |  |  | $ | (554) |
Other comprehensive income before reclassifications | (1) |  |  | 8 |  |  |  |  |  |  | (17) |  |  | (10) |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | — |  |  |  |  |  |  | 250 |  |  | 250 |
Income tax benefit related to items of other comprehensive loss | — |  |  | 1 |  |  |  |  |  |  | (49) |  |  | (48) |
Net current-period other comprehensive income | (1) |  |  | 9 |  |  |  |  |  |  | 184 |  |  | 192 |
Balance at March 31, 2023 | $ | (12) |  |  | $ | (268) |  |  |  |  |  |  | $ | (82) |  |  | $ | (362) |

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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126907703&loc=d3e12565-110249 + Details
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