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Supplemental Financial Statement Data (Tables)
3 Months Ended
Sep. 27, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventories
Inventories
September 27,
2024
June 28,
2024
(in millions)
Inventories:
Raw materials and component parts$1,897 $1,727 
Work-in-process979 1,066 
Finished goods508 549 
Total inventories$3,384 $3,342 
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net
September 27,
2024
June 28,
2024
(in millions)
Property, plant and equipment:
Land and improvements
$235 $235 
Buildings and improvements1,706 1,820 
Machinery and equipment7,783 8,646 
Computer equipment and software452 471 
Furniture and fixtures51 54 
Construction-in-process798 797 
Property, plant and equipment, gross11,025 12,023 
Accumulated depreciation(8,108)(8,856)
Property, plant and equipment, net$2,917 $3,167 
Schedule of Product Warranty Liability
Product warranty liability

Changes in the warranty accrual were as follows:
Three Months Ended
September 27,
2024
September 29,
2023
(in millions)
Warranty accrual, beginning of period$189 $244 
Charges to operations25 22 
Utilization(37)(43)
Changes in estimate related to pre-existing warranties(17)(5)
Warranty accrual, end of period$160 $218 

The current portion of the warranty accrual was classified in Accrued expenses and the long-term portion was classified in Other liabilities as noted below:
September 27,
2024
June 28,
2024
(in millions)
Warranty accrual:
Current portion
$58 $36 
Long-term portion
102 153 
Total warranty accrual$160 $189 
Schedule of Other Liabilities
Other liabilities
September 27,
2024
June 28,
2024
(in millions)
Other liabilities:
Non-current net tax payable$— $201 
Non-current portion of unrecognized tax benefits595 565 
Other non-current liabilities563 604 
Total other liabilities$1,158 $1,370 
Schedule of Accumulated Other Comprehensive Loss The components of AOCL were as follows:
Actuarial Pension GainsForeign Currency Translation AdjustmentUnrealized Losses on Derivative ContractsTotal Accumulated Comprehensive Loss
(in millions)
Balance at June 28, 2024$14 $(505)$(221)$(712)
Other comprehensive income before reclassifications— 121 182 303 
Amounts reclassified from accumulated other comprehensive loss— — 61 61 
Income tax expense related to items of other comprehensive income— — (52)(52)
Net current-period other comprehensive income— 121 191 312 
Balance at September 27, 2024$14 $(384)$(30)$(400)
Schedule of Assets and Liabilities Classified as Held For Sale Instead, the assets and liabilities of SDSS subject to the Transaction as listed below have been reclassified to held for sale as of September 27, 2024, and will be derecognized in the second quarter of fiscal 2025 in connection with the closing of the Transaction.
September 27,
2024
(in millions)
Cash and cash equivalents$71 
Inventories35 
Other current assets
Property, plant and equipment, net236 
Goodwill (1)
225 
Other non-current assets24 
Total assets held for sale (2)
$597 
Accounts payable$73 
Accrued expenses17 
Accrued compensation15 
Other liabilities
Total liabilities held for sale
$110 
(1)     Goodwill was preliminarily allocated to SDSS based on the indicated fair value of the SDSS business relative to the total estimated fair value of the Flash business unit. This preliminary allocation of goodwill may be revised based on finalization of working capital adjustments and valuations of SDSS and the Flash business unit in connection with the derecognition of SDSS during the second quarter of fiscal 2025.

(2)     An intercompany account receivable and intercompany account payable totaling $110 million between SDSS and another subsidiary of the Company are eliminated in the Company’s Condensed Consolidated Financial Statements and have been excluded from the assets reclassified to held for sale. The intercompany account receivable was sold as part of the Transaction, and thus will be considered when determining the expected gain to be recognized upon the derecognition of SDSS. As a result, during the second quarter of fiscal 2025, the Company will reclassify this intercompany account payable to the applicable liability line item in the Condensed Consolidated Balance Sheets as it will represent a liability to an external third party.