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Net Loss Per Common Share (Tables)
6 Months Ended
Dec. 29, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the computation of basic and diluted loss per common share:
Three Months EndedSix Months Ended
 December 29,
2023
December 30,
2022
December 29,
2023
December 30,
2022
(in millions, except per share data)
Net loss$(287)$(451)$(972)$(404)
Less: cumulative dividends on Preferred Stock14 — 29 — 
Net loss attributable to common shareholders
$(301)$(451)$(1,001)$(404)
Weighted average shares outstanding:
Basic325 318 324 317 
Diluted325 318 324 317 
Net loss per common share
Basic$(0.93)$(1.42)$(3.09)$(1.27)
Diluted$(0.93)$(1.42)$(3.09)$(1.27)
Anti-dilutive potential common shares excluded14 15 14 15