Supplemental Financial Statement Data (Tables)

9 Months Ended

Apr. 01, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventories

Inventories

	April 1, 2022		July 2, 2021
	(in millions)
Inventories:
Raw materials and component parts	$	1,662	$	1,623
Work-in-process	1,028		1,088
Finished goods	971		905
Total inventories	$	3,661	$	3,616

Schedule of Property, Plant and Equipment, Net

Property, plant and equipment, net

	April 1, 2022		July 2, 2021
	(in millions)
Property, plant and equipment:
Land	$	272	$	278
Buildings and improvements	1,898		1,854
Machinery and equipment	8,438		7,860
Computer equipment and software	479		440
Furniture and fixtures	54		51
Construction-in-process	566		476
Property, plant and equipment, gross	11,707		10,959
Accumulated depreciation	(8,219)		(7,771)
Property, plant and equipment, net	$	3,488	$	3,188

Schedule of Intangible Assets

Intangible assets

	April 1, 2022		July 2, 2021
	(in millions)
Finite-lived intangible assets	$	5,495	$	5,508
In-process research and development	80		80
Accumulated amortization	(5,323)		(5,146)
Intangible assets, net	$	252	$	442

Schedule of Product Warranty Liability

Product warranty liability

Changes in the warranty accrual were as follows:

	Three Months Ended				Nine Months Ended
	April 1, 2022		April 2, 2021		April 1, 2022		April 2, 2021
	(in millions)
Warranty accrual, beginning of period	$	351	$	366	$	363	$	408
Charges to operations	35		27		111		86
Utilization	(20)		(27)		(71)		(82)
Changes in estimate related to pre-existing warranties	(11)		(9)		(48)		(55)
Warranty accrual, end of period	$	355	$	357	$	355	$	357

The current portion of the warranty accrual is classified in Accrued expenses and the long-term portion is classified in Other liabilities as noted below:

	April 1, 2022		July 2, 2021
	(in millions)
Warranty accrual:
Current portion (included in Accrued expenses)	$	167	$	175
Long-term portion (included in Other liabilities)	188		188
Total warranty accrual	$	355	$	363

Schedule of Other Liabilities

Other liabilities

	April 1, 2022		July 2, 2021
	(in millions)
Other liabilities:
Non-current net tax payable	$	547	$	684
Payables related to unrecognized tax benefits	996		750
Other non-current liabilities	688		633
Total other liabilities	$	2,231	$	2,067

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table illustrates the changes in the balances of each component of AOCI:

	Actuarial Pension Gains (Losses)		Foreign Currency Translation Adjustment		Unrealized Gains (Losses) on Derivative Contracts		Total Accumulated Comprehensive Income (Loss)
	(in millions)
Balance at July 2, 2021	$	(35)	$	(38)	$	(124)	$	(197)
Other comprehensive income (loss) before reclassifications	2		(123)		(172)		(293)
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		121		121
Income tax benefit related to items of other comprehensive income (loss)	—		—		12		12
Net current-period other comprehensive income (loss)	2		(123)		(39)		(160)
Balance at April 1, 2022	$	(33)	$	(161)	$	(163)	$	(357)