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Shareholders' Equity (Tables)
6 Months Ended
Dec. 29, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
The following tables present the Company’s stock-based compensation for equity-settled awards by type and financial statement line as well as the related tax benefit included in the Company’s Condensed Consolidated Statements of Operations:
 
Three Months Ended
 
Six Months Ended
 
December 29,
2017
 
December 30,
2016
 
December 29,
2017
 
December 30,
2016
 
(in millions)
Options
$
6

 
$
11

 
$
13

 
$
23

Restricted and performance stock units
88

 
90

 
171

 
169

Employee stock purchase plan
5

 
1

 
12

 
9

Subtotal
99

 
102

 
196

 
201

Tax benefit
(10
)
 
(29
)
 
(34
)
 
(54
)
Total
$
89

 
$
73

 
$
162

 
$
147


 
Three Months Ended
 
Six Months Ended
 
December 29,
2017
 
December 30,
2016
 
December 29,
2017
 
December 30,
2016
 
(in millions)
Cost of revenue
$
13

 
$
11

 
$
26

 
$
24

Research and development
45

 
43

 
89

 
87

Selling, general and administrative
41

 
43

 
81

 
85

Employee termination, asset impairment, and other charges

 
5

 

 
5

Subtotal
99

 
102

 
196

 
201

Tax benefit
(10
)
 
(29
)
 
(34
)
 
(54
)
Total
$
89

 
$
73

 
$
162

 
$
147



Employee Service Share-based Compensation , Unrecognized Costs
The following table presents the unamortized compensation cost and weighted average service period of all unvested outstanding awards as of December 29, 2017.
 
Unamortized Compensation Costs
 
Weighted Average Service Period
 
(in millions)
 
(years)
Options
$
38

 
2.1
RSUs and PSUs (1)
600

 
2.2
ESPP
15

 
0.6
Total unamortized compensation cost
$
653

 
 
 
 
(1) 
Weighted average service period assumes the performance metrics are met for the PSUs.
Stock Option Activity
The following table summarizes stock option activity under the Company’s incentive plans:
 
Number of Shares
 
Weighted Average Exercise Price Per Share
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic Value
 
(in millions)
 
 
 
(in years)
 
(in millions)
Options outstanding at June 30, 2017
7.4

 
$
58.14

 
 
 
 
Exercised
(1.0
)
 
43.16

 
 
 
$
46

Canceled or expired
(0.2
)
 
63.44

 
 
 
 
Options outstanding at December 29, 2017
6.2

 
$
60.39

 
4.1
 
$
145

Exercisable at December 29, 2017
3.6

 
$
64.14

 
3.4
 
$
77

Restricted Stock Unit
The following table summarizes RSU and PSU activity under the Company’s incentive plans:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
 
Aggregate Intrinsic Value at Vest Date
 
(in millions)
 
 
 
(in millions)
RSUs and PSUs outstanding at June 30, 2017
13.7

 
$
45.01

 
 
Granted
4.0

 
84.95

 
 
Vested
(2.4
)
 
53.31

 
$
206

Forfeited
(0.7
)
 
47.75

 
 
RSUs and PSUs outstanding at December 29, 2017
14.6

 
$
53.41