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Shareholders' Equity and Convertible Preferred Stock (Tables)

9 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation Arrangements by Share-based Payment Award

The following tables present the Company’s stock-based compensation for equity-settled awards by type (i.e. restricted stock units (“RSUs”), restricted stock unit awards with performance conditions or market conditions (“PSUs”), and rights to purchase shares of common stock under the Company’s Employee Stock Purchase Plan (“ESPP”)) and financial statement line as well as the related tax benefit included in the Company’s Condensed Consolidated Statements of Operations:

			Three Months Ended												Nine Months Ended
			March 31, 2023						April 1, 2022						March 31, 2023						April 1, 2022
			(in millions)
RSUs and PSUs			$	63					$	75					$	217					$	220
ESPP			11						11						29						29
Total			$	74					$	86					$	246					$	249

			Three Months Ended												Nine Months Ended
			March 31, 2023						April 1, 2022						March 31, 2023						April 1, 2022
			(in millions)
Cost of revenue			$	12					$	13					$	38					$	36
Research and development			37						43						116						126
Selling, general and administrative			25						30						92						87
Subtotal			74						86						246						249
Tax benefit			(11)						(9)						(35)						(37)
Total			$	63					$	77					$	211					$	212

Schedule of Employee Service Share-based Compensation, Unrecognized Costs

The following table presents the unamortized compensation cost and weighted average service period of all unvested outstanding awards as of March 31, 2023:

			Unamortized Compensation Costs						Weighted Average Service Period
			(in millions)						(years)
RSUs and PSUs (1)			$	521					2.4
ESPP			77						1.7
Total unamortized compensation cost			$	598

(1)    Weighted average service period assumes the performance metrics are met for the PSUs.

Schedule of Stock Option Activity

The following table summarizes stock option activity under the Company’s incentive plans. All outstanding options were exercisable at March 31, 2023:

			Number of Shares						Weighted Average Exercise Price Per Share						Weighted Average Remaining Contractual Life
			(in millions)												(in years)
Options outstanding at July 1, 2022			0.9						$	66.76					0.54
Canceled or expired			(0.5)						83.10
Options outstanding at March 31, 2023			0.4						$	44.76					0.33

Schedule of Restricted Stock Unit

The following table summarizes RSU and PSU activity under the Company’s incentive plans:

			Number of Shares						Weighted Average Grant Date Fair Value						Aggregate Intrinsic Value at Vest Date
			(in millions)												(in millions)
RSUs and PSUs outstanding at July 1, 2022			15.4						$	52.89
Granted			6.1						41.52
Vested			(5.7)						53.78						$	237
Forfeited			(1.3)						55.61
RSUs and PSUs outstanding at March 31, 2023			14.5						$	47.50

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