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Business Segments, Geographic Information, and Concentrations of Risk (Tables)
 3 Months Ended
Sep. 27, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes the operating performance of the Company’s reportable segments for the periods presented:
Three Months Ended
September 27,
2024		September 29,
2023
(in millions, except percentages)
Net revenue:
HDD
$2,211 $1,194 
Flash
1,884 1,556 
Total net revenue$4,095 $2,750 
Gross profit:
HDD
$843 $273 
Flash
732 (161)
Total gross profit for segments1,575 112 
Unallocated corporate items:
Stock-based compensation expense(14)(13)
Amortization of acquired intangible assets(1)— 
Amortization of licenses related to a litigation matter
(9)— 
Total unallocated corporate items(24)(13)
Consolidated gross profit$1,551 $99 
Gross margin:
HDD
38.1 %22.9 %
Flash
38.9 %(10.3)%
Consolidated gross margin37.9 %3.6 %
Schedule of Disaggregation of Revenue
The Company’s disaggregated revenue information was as follows:
Three Months Ended
September 27,
2024		September 29,
2023
(in millions)
Revenue by end market
Cloud$2,208 $872 
Client1,209 1,147 
Consumer678 731 
Total revenue
$4,095 $2,750 
Revenue by geography
Asia$1,837 $1,551 
Americas1,690 662 
Europe, Middle East and Africa568 537 
Total revenue
$4,095 $2,750 
Schedule of Goodwill The following table provides a summary of goodwill activity for the period:
HDDFlashTotal
(in millions)
Balance at June 28, 2024$4,319 $5,713 $10,032 
Foreign currency translation adjustment2 3 5 
Goodwill reclassified to assets held for sale (1)
— (225)(225)
Balance at September 27, 2024$4,321 $5,491 $9,812 
(1)     As of September 27, 2024, $225 million of Goodwill was reclassified to assets held for sale due to the sale of a majority interest in a subsidiary. See further discussion in Note 4, Supplemental Financial Statement Data.