Net Income (Loss) Per Common Share (Tables)

3 Months Ended

Oct. 01, 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:

	Three Months Ended
	October 1, 2021		October 2, 2020
	(in millions, except per share data)
Net income (loss)	$	610	$	(60)
Weighted average shares outstanding:
Basic	310		303
Employee stock options, RSUs, PSUs and ESPP	6		—
Basic and diluted	316		303
Income (loss) per common share
Basic	$	1.97	$	(0.20)
Diluted	$	1.93	$	(0.20)
Anti-dilutive potential common shares excluded	1		16