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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Apr. 03, 2020
Mar. 29, 2019
Cash flows from operating activities    
Net income (loss) $ (398) $ (557)
Adjustments to reconcile net loss to net cash provided by operations:    
Depreciation and amortization 1,189 1,396
Stock-based compensation 232 242
Deferred income taxes (53) 253
Loss (gain) on disposal of assets (9) 4
Amortization of debt discounts 30 28
Other non-cash operating activities, net (8) 19
Changes in:    
Accounts receivable, net (774) 975
Inventories 179 (496)
Accounts payable 131 (549)
Accounts payable to related parties 66 53
Accrued expenses 331 373
Accrued compensation 87 (78)
Other assets and liabilities, net (351) (285)
Net cash provided by operating activities 652 1,378
Cash flows from investing activities    
Purchases of property, plant and equipment (432) (722)
Proceeds from the sale of property, plant and equipment 0 3
Acquisitions, net of cash acquired (22) 0
Purchases of investments 0 (69)
Proceeds from sale of investments 0 49
Proceeds from maturities of investments 0 7
Notes receivable issuances to Flash Ventures (353) (858)
Notes receivable proceeds from Flash Ventures 980 570
Strategic investments and other, net 19 (22)
Net cash provided by (used in) investing activities 192 (1,042)
Cash flows from financing activities    
Issuance of stock under employee stock plans 79 66
Taxes paid on vested stock awards under employee stock plans (69) (109)
Repurchases of common stock 0 (563)
Dividends paid to shareholders (445) (438)
Repayment of debt (919) (113)
Repayment of revolving credit facility 0 (500)
Net cash used in financing activities (1,354) (1,657)
Effect of exchange rate changes on cash (2) (2)
Net decrease in cash and cash equivalents (512) (1,323)
Cash and cash equivalents, beginning of year 3,455 5,005
Cash and cash equivalents, end of period 2,943 3,682
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 303 323
Cash paid for interest $ 327 $ 355