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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Sep. 27, 2024
Sep. 29, 2023
OPERATING ACTIVITIES    
Net income (loss) $ 305 $ (184)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 64 76
Share-based compensation 38 25
Net loss from redemption and repurchase of debt 0 7
Deferred income taxes (3) 28
Other non-cash operating activities, net 23 (50)
Changes in operating assets and liabilities:    
Accounts receivable, net (199) 100
Inventories, net (144) 88
Accounts payable 10 (70)
Accrued employee compensation 37 (12)
BIS settlement penalty (15) 0
Accrued expenses, income taxes and warranty 16 54
Other assets and liabilities (37) 65
Net cash provided by operating activities 95 127
INVESTING ACTIVITIES    
Acquisition of property, equipment and leasehold improvements (68) (70)
Net cash used in investing activities (68) (70)
FINANCING ACTIVITIES    
Redemption and repurchase of debt 0 (1,288)
Dividends to shareholders (147) (145)
Taxes paid related to net share settlement of equity awards (28) (25)
Proceeds from issuance of long-term debt 0 1,500
Proceeds from issuance of ordinary shares under employee stock plans 29 35
Other financing activities, net 0 (126)
Net cash used in financing activities (146) (49)
Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash 0 1
(Decrease) increase in cash, cash equivalents and restricted cash (119) 9
Cash, cash equivalents and restricted cash at the beginning of the period 1,360 788
Cash, cash equivalents and restricted cash at the end of the period $ 1,241 $ 797