Fair Value Measurements (Tables)

3 Months Ended

Sep. 27, 2013

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of September 27, 2013, and indicates the fair value hierarchy of the valuation techniques utilized to determine such value (in millions):

	Fair Value Measurements at Reporting Date Using
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	2,158	$	—	$	—	$	2,158
Foreign exchange contracts	—		5		—		5
Auction-rate securities	—		—		14		14
Total assets at fair value	$	2,158	$	5	$	14	$	2,177
Liabilities:
Foreign exchange contracts	$	—	$	41	$	—	$	41
Total liabilities at fair value	$	—	$	41	$	—	$	41

The following table presents information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of June 28, 2013, and indicates the fair value hierarchy of the valuation techniques utilized to determine such value (in millions):

	Fair Value Measurements at Reporting Date Using
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	1,227	$	—	$	—	$	1,227
Auction-rate securities	—		—		14		14
Total assets at fair value	$	1,227	$	—	$	14	$	1,241
Liabilities:
Foreign exchange contracts	$	—	$	57	$	—	$	57
Total liabilities at fair value	$	—	$	57	$	—	$	57