XML 60 R32.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Supplemental Financial Statement Data (Tables)
12 Months Ended
Jun. 28, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventories
Inventories
June 28,
2024
June 30,
2023
(in millions)
Inventories:
Raw materials and component parts$1,727 $2,096 
Work-in-process1,066 979 
Finished goods549 623 
Total inventories$3,342 $3,698 
Schedule of Property, Plant and Equipment
Property, plant and equipment, net
June 28,
2024
June 30,
2023
(in millions)
Property, plant and equipment:
Land and improvements
$235 $269 
Buildings and improvements1,820 1,955 
Machinery and equipment8,646 8,704 
Computer equipment and software471 470 
Furniture and fixtures54 54 
Construction-in-process797 798 
Property, plant and equipment, gross12,023 12,250 
Accumulated depreciation(8,856)(8,630)
Property, plant and equipment, net$3,167 $3,620 
Schedule of Movement in Standard Product Warranty Accrual and Total Warranty Accrual
Product warranty liability

Changes in the warranty accrual were as follows:
202420232022
(in millions)
Warranty accrual, beginning of period$244 $345 $363 
Charges to operations107 106 146 
Utilization(154)(169)(103)
Changes in estimate related to pre-existing warranties(8)(38)(61)
Warranty accrual, end of period$189 $244 $345 

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:
20242023
(in millions)
Warranty accrual:
Current portion (included in Accrued expenses)$36 $97 
Long-term portion (included in Other liabilities)153 147 
Total warranty accrual$189 $244 
Schedule of Other Noncurrent Liabilities
Other liabilities
20242023
(in millions)
Other liabilities:
Non-current net tax payable$201 $464 
Non-current portion of unrecognized tax benefits565 408 
Other non-current liabilities604 543 
Total other liabilities$1,370 $1,415 
Schedule of Accumulated Other Comprehensive Loss The following table illustrates the changes in the balances of each component of AOCL:
Actuarial Pension Gains (Losses)
Foreign Currency Translation Adjustment
Unrealized Gains (Losses) on Derivative Contracts
Total Accumulated Comprehensive Loss
(in millions)
Balance at July 1, 2022$(11)$(302)$(266)$(579)
Other comprehensive income (loss) before reclassifications12 (88)(213)(289)
Amounts reclassified from accumulated other comprehensive loss— — 351 351 
Income tax benefit (expense) related to items of other comprehensive income (loss)(3)(29)(31)
Net current-period other comprehensive income (loss)(87)109 31 
Balance at June 30, 2023(2)(389)(157)(548)
Other comprehensive income (loss) before reclassifications23 (115)(331)(423)
Amounts reclassified from accumulated other comprehensive loss— — 244 244 
Income tax benefit (expense) related to items of other comprehensive loss(7)(1)23 15 
Net current-period other comprehensive loss16 (116)(64)(164)
Balance at June 28, 2024$14 $(505)$(221)$(712)