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Shareholders' Equity and Convertible Preferred Stock (Tables) | 6 Months Ended
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Dec. 29, 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 |  | Six Months Ended |
| December 29, 2023 |  | December 30, 2022 |  | December 29, 2023 |  | December 30, 2022 |
| (in millions)
RSUs and PSUs | $ | 68 |  |  | $ | 79 |  |  | $ | 133 |  |  | $ | 154 |  |
ESPP | 4 |  |  | 7 |  |  | 16 |  |  | 18 |  |
Total | $ | 72 |  |  | $ | 86 |  |  | $ | 149 |  |  | $ | 172 |  |
| Three Months Ended |  | Six Months Ended |
| December 29, 2023 |  | December 30, 2022 |  | December 29, 2023 |  | December 30, 2022 |
| (in millions)
Cost of revenue | $ | 13 |  |  | $ | 12 |  |  | $ | 26 |  |  | $ | 26 |  |
Research and development | 32 |  |  | 40 |  |  | 66 |  |  | 79 |  |
Selling, general and administrative | 27 |  |  | 34 |  |  | 57 |  |  | 67 |  |
Subtotal | 72 |  |  | 86 |  |  | 149 |  |  | 172 |  |
Tax benefit | (10) |  |  | (11) |  |  | (20) |  |  | (24) |  |
Total | $ | 62 |  |  | $ | 75 |  |  | $ | 129 |  |  | $ | 148 |  |
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 December 29, 2023:
| Unamortized Compensation Costs |  | Weighted Average Service Period
| (in millions) |  | (years)
RSUs and PSUs (1) | $ | 516 |  |  | 2.6
ESPP | 45 |  |  | 1.0
Total unamortized compensation cost | $ | 561 |  |  |
(1) Weighted average service period assumes the performance conditions are met for the PSUs.
Schedule of Stock Option Activity | The following table summarizes stock option activity under the Company’s incentive plans. As of December 29, 2023, there were no remaining outstanding options.
| Number of Shares |  | Weighted Average Exercise Price Per Share |  | Weighted Average Remaining Contractual Life |  |
| (in millions) |  |  |  | (in years) |  |
Options outstanding at June 30, 2023 | 0.3 |  |  | $ | 44.95 |  |  | 0.10 |  |
Canceled or expired | (0.3) |  |  | 44.95 |  |  |  |  |
Options outstanding at December 29, 2023 | — |  |  | $ | — |  |  |  |  |
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 June 30, 2023 | 13.8 |  |  | $ | 46.56 |  |  |
Granted | 5.6 |  |  | 38.04 |  |  |
Vested | (4.0) |  |  | 47.65 |  |  | $ | 173 |
Forfeited | (1.0) |  |  | 46.58 |  |  |
RSUs and PSUs outstanding at December 29, 2023 | 14.4 |  |  | $ | 43.56 |  |  |

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