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Summarized Financial Information | 12 Months Ended
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Jun. 28, 2024
The Flash Business of Western Digital Corporation [Member] |
Schedule of Equity Method Investments [Line Items] |
Summarized Financial Information | Note 15. Summarized Financial Information Pursuant to Rule 4-08(g) of Regulation S-X under the Securities Act, the Business presents summarized financial information for the combined accounts of its non-consolidated joint ventures, which are accounted for using the equity method. This includes the portions attributable to both the Business and Kioxia. Flash Ventures has a fiscal year-end of March 31. The Summarized Financial Information below shows the financial position and results of operations for Flash Ventures on a three-month lag. Summarized financial information for equity method investments in Flash Ventures is as follows:
|  | June 28, 2024 |  |  | June 30, 2023 |
|  | (in millions) |
Current assets |  | $ | 777 |  |  | $ | 666 |
Non-current assets |  |  | 5,783 |  |  |  | 7,585 |
Total assets |  |  | 6,560 |  |  |  | 8,251 |
Current liabilities |  |  | 2,225 |  |  |  | 2,716 |
Non-current liabilities |  |  | 3,312 |  |  |  | 4,297 |
Total liabilities |  |  | 5,537 |  |  |  | 7,013 |
Total net equity of investees |  | $ | 1,023 |  |  | $ | 1,238 |
|  | June 28, 2024 |  |  | June 30, 2023 |  |  | July 1, 2022 |
|  | (in millions) |
Net sales |  | $ | 2,252 |  |  | $ | 2,788 |  |  | $ | 3,368 |
Gross profit (loss) |  |  | (51 | ) |  |  | 138 |  |  |  | 240 |
Net income (loss) |  | $ | (9 | ) |  | $ | 89 |  |  | $ | 102 |

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