XML 12 R3.htm IDEA: XBRL DOCUMENT v3.23.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Dec. 29, 2023
Dec. 30, 2022
Income Statement [Abstract]        
Revenue $ 1,555 $ 1,887 $ 3,009 $ 3,922
Cost of revenue 1,193 1,641 2,498 3,194
Product development 161 200 332 434
Marketing and administrative 108 125 213 254
Amortization of intangibles 0 0 0 3
Restructuring Charges (31) 81 (29) 90
Total operating expenses 1,431 2,047 3,014 3,975
Income (loss) from operations 124 (160) (5) (53)
Interest income 3 1 5 2
Interest expense (84) (77) (168) (148)
Net gain recognized from termination of interest rate swap 0 0 104 0
Net gain (loss) recognized from early redemption of debt 0 204 (29) 204
Other, net (47) (6) (58) (16)
Other (expense) income, net (128) 122 (146) 42
Loss before income taxes (4) (38) (151) (11)
Provision for (benefit from) income taxes 15 (5) 52 (7)
Net loss $ (19) $ (33) $ (203) $ (4)
Net loss per share:        
Basic (in dollars per share) $ (0.09) $ (0.16) $ (0.97) $ (0.02)
Diluted (in dollars per share) $ (0.09) $ (0.16) $ (0.97) $ (0.02)
Number of shares used in per share calculations:        
Basic (in shares) 209,000 206,000 209,000 207,000
Diluted (in shares) 209,000 206,000 209,000 207,000
Cash dividends declared per ordinary share (in dollars per share) $ 1.4