CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 02, 2021	Jul. 03, 2020
Current assets:
Cash and cash equivalents	$ 2,734	$ 3,048
Accounts receivable, net	1,905	2,379
Inventories	3,683	3,070
Other current assets	710	551
Total current assets	9,032	9,048
Non-current assets:
Property, plant and equipment, net	3,061	2,854
Notes receivable and investments in Flash Ventures	1,694	1,875
Goodwill	10,066	10,067
Other intangible assets, net	519	941
Other non-current assets	1,037	877
Total assets	25,409	25,662
Current liabilities:
Accounts payable	1,807	1,945
Accounts payable to related parties	397	407
Accrued expenses	1,552	1,296
Accrued compensation	494	472
Current portion of long-term debt	251	286
Total current liabilities	4,501	4,406
Non-current liabilities:
Long-term debt	8,678	9,289
Other liabilities	2,281	2,416
Total liabilities	15,460	16,111
Commitments and contingencies (Notes 9, 10, 12 and 15)
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 — 306 shares and 302 shares, respectively	3	3
Additional paid-in capital	3,603	3,717
Accumulated other comprehensive loss	(210)	(157)
Retained earnings	6,917	6,725
Treasury stock — common shares at cost; 6 shares and 10 shares, respectively	(364)	(737)
Total shareholders’ equity	9,949	9,551
Total liabilities and shareholders’ equity	$ 25,409	$ 25,662