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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 30, 2018
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 4,963 $ 6,354
Short-term investments 20 24
Accounts receivable, net 2,011 1,948
Inventories 2,670 2,341
Other current assets 500 389
Total current assets 10,164 11,056
Non-current assets:    
Property, plant and equipment, net 3,011 3,033
Notes receivable and investments in Flash Ventures 2,160 1,340
Goodwill 10,079 10,014
Other intangible assets, net 2,956 3,823
Other non-current assets 634 594
Total assets 29,004 29,860
Current liabilities:    
Accounts payable 2,134 2,144
Accounts payable to related parties 282 206
Accrued expenses 1,015 1,069
Accrued compensation 509 506
Accrued warranty 195 186
Current portion of long-term debt 124 233
Total current liabilities 4,259 4,344
Non-current liabilities:    
Long-term debt 11,076 12,918
Other liabilities 2,369 1,180
Total liabilities 17,704 18,442
Commitments and contingencies (Notes 6, 8, 10 and 13)
Shareholders’ equity:    
Preferred stock, $0.01 par value; authorized — 5 shares; issued and outstanding — none 0 0
Common stock, $0.01 par value; authorized — 450 shares; issued — 312 shares; outstanding — 299 shares and 294 shares, respectively 3 3
Additional paid-in capital 4,277 4,506
Accumulated other comprehensive income (loss) 46 (58)
Retained earnings 8,155 8,633
Treasury stock — common shares at cost; 13 shares and 18 shares, respectively (1,181) (1,666)
Total shareholders’ equity 11,300 11,418
Total liabilities and shareholders’ equity $ 29,004 $ 29,860