CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2017	Jul. 01, 2016
Current assets:
Cash and cash equivalents	$ 2,539	$ 1,125
Short-term investments	0	6
Accounts receivable, net	1,199	1,318
Inventories	982	868
Other current assets	321	216
Total current assets	5,041	3,533
Property, equipment and leasehold improvements, net	1,875	2,160
Goodwill	1,238	1,237
Other intangible assets, net	281	448
Deferred income taxes	609	616
Other assets, net	224	219
Total Assets	9,268	8,213
Current liabilities:
Accounts payable	1,626	1,517
Accrued employee compensation	237	184
Accrued warranty	113	104
Accrued expenses	650	444
Total current liabilities	2,626	2,249
Long-term accrued warranty	120	102
Long-term accrued income taxes	15	14
Other non-current liabilities	122	164
Long-term debt	5,021	4,091
Total Liabilities	7,904	6,620
Seagate Technology plc shareholders' equity:
Preferred shares, $0.00001 par value per share—100,000,000 authorized; no shares issued or outstanding	0	0
Ordinary shares, $0.00001 par value per share—1,250,000,000 authorized; 291,799,561 issued and outstanding at June 30, 2017 and 298,572,217 issued and outstanding at July 1, 2016	0	0
Additional paid-in capital	6,152	5,929
Accumulated other comprehensive loss	(17)	(25)
Accumulated deficit	(4,771)	(4,311)
Total Shareholders' Equity	1,364	1,593
Total Liabilities and Equity	$ 9,268	$ 8,213

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.