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CONDENSED CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFRRED STOCK AND SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Treasury Stock
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Common stock, beginning balance (in shares) at Jul. 02, 2021     312.0            
Beginning balance at Jul. 02, 2021 $ 10,721   $ 3 $ (232) $ 3,608   $ (197) $ 7,539  
Treasury stock, beginning balance (in shares) at Jul. 02, 2021       (4.0)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 610             610  
Employee stock plans (in shares)       3.0          
Employee stock plans (76)     $ 207 (283)        
Stock-based compensation 76       76        
Actuarial pension gain 1           1    
Foreign currency translation adjustment 4           4    
Net unrealized gain (loss) on derivative contracts 25           25    
Common stock, ending balance (in shares) at Oct. 01, 2021     312.0            
Ending balance at Oct. 01, 2021 11,361   $ 3 $ (25) 3,401   (167) 8,149  
Treasury stock, ending balance (in shares) at Oct. 01, 2021       (1.0)          
Common stock, beginning balance (in shares) at Jul. 02, 2021     312.0            
Beginning balance at Jul. 02, 2021 10,721   $ 3 $ (232) 3,608   (197) 7,539  
Treasury stock, beginning balance (in shares) at Jul. 02, 2021       (4.0)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 1,199                
Common stock, ending balance (in shares) at Apr. 01, 2022     313.0            
Ending balance at Apr. 01, 2022 11,984   $ 3 $ 0 3,600   (357) 8,738  
Treasury stock, ending balance (in shares) at Apr. 01, 2022       0.0          
Common stock, beginning balance (in shares) at Oct. 01, 2021     312.0            
Beginning balance at Oct. 01, 2021 11,361   $ 3 $ (25) 3,401   (167) 8,149  
Treasury stock, beginning balance (in shares) at Oct. 01, 2021       (1.0)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 564             564  
Employee stock plans (in shares)     1.0 1.0          
Employee stock plans 56     $ 25 31        
Stock-based compensation 87       87        
Foreign currency translation adjustment (45)           (45)    
Net unrealized gain (loss) on derivative contracts (5)           (5)    
Common stock, ending balance (in shares) at Dec. 31, 2021     313.0            
Ending balance at Dec. 31, 2021 12,018   $ 3 $ 0 3,519   (217) 8,713  
Treasury stock, ending balance (in shares) at Dec. 31, 2021       0.0          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 25             25  
Employee stock plans (5)       (5)        
Stock-based compensation 86       86        
Actuarial pension gain 1           1    
Foreign currency translation adjustment (82)           (82)    
Net unrealized gain (loss) on derivative contracts (59)           (59)    
Common stock, ending balance (in shares) at Apr. 01, 2022     313.0            
Ending balance at Apr. 01, 2022 $ 11,984   $ 3 $ 0 3,600   (357) 8,738  
Treasury stock, ending balance (in shares) at Apr. 01, 2022       0.0          
Beginning balance (in shares) at Jul. 01, 2022 0.0                
Beginning balance at Jul. 01, 2022 $ 0                
Ending balance (in shares) at Sep. 30, 2022 0.0                
Ending balance at Sep. 30, 2022 $ 0                
Common stock, beginning balance (in shares) at Jul. 01, 2022 315.0   315.0            
Beginning balance at Jul. 01, 2022 $ 12,221 $ (37) $ 3   3,733 $ (128) (554) 9,039 $ 91
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 27             27  
Employee stock plans (in shares)     3.0            
Employee stock plans (50)       (50)        
Stock-based compensation 86       86        
Foreign currency translation adjustment (80)           (80)    
Net unrealized gain (loss) on derivative contracts (60)           (60)    
Common stock, ending balance (in shares) at Sep. 30, 2022     318.0            
Ending balance at Sep. 30, 2022 $ 12,107   $ 3   3,641   (694) 9,157  
Beginning balance (in shares) at Jul. 01, 2022 0.0                
Beginning balance at Jul. 01, 2022 $ 0                
Ending balance (in shares) at Mar. 31, 2023 0.9                
Ending balance at Mar. 31, 2023 $ 876                
Common stock, beginning balance (in shares) at Jul. 01, 2022 315.0   315.0            
Beginning balance at Jul. 01, 2022 $ 12,221 $ (37) $ 3   3,733 $ (128) (554) 9,039 $ 91
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) $ (991)                
Common stock, ending balance (in shares) at Mar. 31, 2023 320.0   320.0            
Ending balance at Mar. 31, 2023 $ 11,611   $ 3   3,831   (362) 8,139  
Beginning balance (in shares) at Sep. 30, 2022 0.0                
Beginning balance at Sep. 30, 2022 $ 0                
Ending balance (in shares) at Dec. 30, 2022 0.0                
Ending balance at Dec. 30, 2022 $ 0                
Common stock, beginning balance (in shares) at Sep. 30, 2022     318.0            
Beginning balance at Sep. 30, 2022 12,107   $ 3   3,641   (694) 9,157  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (446)             (446)  
Employee stock plans (in shares)     1.0            
Employee stock plans 43       43        
Stock-based compensation 86       86        
Foreign currency translation adjustment 97           97    
Net unrealized gain (loss) on derivative contracts 228           228    
Common stock, ending balance (in shares) at Dec. 30, 2022     319.0            
Ending balance at Dec. 30, 2022 $ 12,115   $ 3   3,770   (369) 8,711  
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Issuance of Convertible preferred stock, net of issuance costs (in shares) 1.0                
Issuance of convertible preferred stock, net of issuance costs $ 876                
Ending balance (in shares) at Mar. 31, 2023 0.9                
Ending balance at Mar. 31, 2023 $ 876                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (572)             (572)  
Employee stock plans (13)       (13)        
Stock-based compensation 74       74        
Actuarial pension gain (1)           (1)    
Foreign currency translation adjustment (8)           (8)    
Net unrealized gain (loss) on derivative contracts $ 16           16    
Common stock, ending balance (in shares) at Mar. 31, 2023 320.0   320.0            
Ending balance at Mar. 31, 2023 $ 11,611   $ 3   $ 3,831   $ (362) $ 8,139