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Commitments
3 Months Ended
Sep. 27, 2024
Commitments Disclosure [Abstract]  
Commitments Commitments
Unconditional Long-Term Purchase Obligations. As of September 27, 2024, the Company had unconditional long-term purchase obligations of approximately $53 million. The Company expects the commitment to be paid to total $28 million, $16 million, $6 million and $3 million for fiscal years 2026, 2027, 2028 and 2029 respectively. In addition, the Company also had certain long-term market share based inventory purchase commitments as of September 27, 2024.
The Company recorded order cancellation fees to terminate certain purchase commitments related to the purchase of inventory components and equipment. As of September 27, 2024, cumulative unpaid order cancellation fees on the Condensed Consolidated Balance Sheets were $58 million, with $32 million in Accounts payable and $26 million in Accrued expenses, all of which is expected to be paid within one year.