| USD ($) $ in Millions, shares in Millions | Jul 3, 2026 | Jun 27, 2025 | Jun 28, 2024 | Jun 30, 2023 | Jul 1, 2022 | Jul 2, 2021 | Jul 3, 2020 | Jun 28, 2019 | Jun 29, 2018 | Jun 30, 2017 | Jul 1, 2016 | Jul 3, 2015 | Jun 27, 2014 | Jun 28, 2013 | Jun 29, 2012 | Jul 1, 2011 | Jul 2, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue, net | $ 12,919 | $ 9,520 | $ 13,003 | ||||||||||||||
Cost of revenue | 6,608 | 5,828 | 10,058 | ||||||||||||||
Gross profit | 6,311 | 3,692 | 2,945 | ||||||||||||||
Operating expenses: | |||||||||||||||||
Research and development | 1,161 | 994 | 1,907 | ||||||||||||||
Selling, general and administrative | 551 | 568 | 828 | ||||||||||||||
Litigation matter | 0 | 198 | - | ||||||||||||||
Business realignment charges (credits) | 146 | (6) | - | ||||||||||||||
Litigation matter | - | - | 291 | ||||||||||||||
Employee termination, asset impairment, and other | - | - | 139 | ||||||||||||||
Business separation costs | - | - | 97 | ||||||||||||||
Charges related to arbitration award | - | - | - | ||||||||||||||
Charges related to flooding, net | - | - | - | ||||||||||||||
Impairment and other charges | - | - | - | ||||||||||||||
Total operating expenses | 1,858 | 1,358 | 3,262 | ||||||||||||||
Operating income (loss) | 4,453 | 2,334 | (317) | ||||||||||||||
Interest and other income (expense): | |||||||||||||||||
Interest income | 51 | 45 | 39 | ||||||||||||||
Interest expense | (165) | (357) | (417) | ||||||||||||||
Gain (loss) on retained interest in Sandisk | 6,498 | (772) | - | ||||||||||||||
Costs in connection with debt-for-equity exchange | (545) | (100) | - | ||||||||||||||
Costs in connection with convertible notes transactions | 108 | - | - | ||||||||||||||
Costs in connection with equity-for-equity exchanges | 254 | - | - | ||||||||||||||
Other income (expense), net | (25) | (20) | 34 | ||||||||||||||
Interest and other expense | - | - | - | ||||||||||||||
Total interest and other income (expense), net | 5,452 | (1,204) | (344) | ||||||||||||||
Income (loss) before taxes | 9,905 | 1,130 | (661) | ||||||||||||||
Income tax expense (benefit) | 481 | (513) | 137 | ||||||||||||||
Net income (loss) from continuing operations | 9,424 | 1,643 | - | ||||||||||||||
Net income (loss) from discontinued operations, net of taxes | 0 | 246 | - | ||||||||||||||
Net income (loss) from continuing operations | 9,424 | 1,889 | (798) | ||||||||||||||
Less: cumulative dividends allocated to preferred shareholders | - | - | 54 | ||||||||||||||
Net income (loss) attributable to common shareholders | - | - | $ (852) | ||||||||||||||
Net income (loss) per common share: | |||||||||||||||||
Basic: | |||||||||||||||||
Continuing operations - basic (in dollars per share) | $ 26.92 | $ 4.61 | - | ||||||||||||||
Discontinued operations - basic (in dollars per share) | 0 | 0.7 | - | ||||||||||||||
Net income (loss) per share - basic (in dollars per share) | 26.92 | 5.31 | (2.61) | ||||||||||||||
Diluted: | |||||||||||||||||
Continuing operations - diluted (in dollars per share) | 24.28 | 4.45 | - | ||||||||||||||
Discontinued operations - diluted (in dollars per share) | 0 | 0.67 | - | ||||||||||||||
Net income (loss) per share - diluted (in dollars per share) | 24.28 | 5.12 | (2.61) | ||||||||||||||
Weighted average shares outstanding: | |||||||||||||||||
Basic (in shares) | - | - | 326 | ||||||||||||||
Diluted (in shares) | - | - | 326 | ||||||||||||||
Cash dividends declared per share (in USD per share) | - | - | - |