Net Income (Loss) Per Common Share (Tables)

12 Months Ended

Jul. 02, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted income (loss) per common share:

	Year Ended
	2021		2020		2019
	(in millions, except per share data)
Net income (loss)	$	821	$	(250)	$	(754)
Weighted average shares outstanding:
Basic	305		298		292
Employee stock options, RSUs, PSUs and ESPP	4		—		—
Diluted	309		298		292
Income (loss) per common share
Basic	$	2.69	$	(0.84)	$	(2.58)
Diluted	$	2.66	$	(0.84)	$	(2.58)
Anti-dilutive potential common shares excluded	5		15		17