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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 29, 2023
Sep. 30, 2022
OPERATING ACTIVITIES    
Net (loss) income $ (184) $ 29
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 76 135
Share-based compensation 25 29
Deferred income taxes 28 (5)
Other non-cash operating activities, net (50) 13
Changes in operating assets and liabilities:    
Accounts receivable, net 100 434
Inventories 88 (41)
Accounts payable (70) (300)
Accrued employee compensation (12) (146)
Accrued expenses, income taxes and warranty 54 4
Other assets and liabilities 65 93
Net cash provided by operating activities 127 245
INVESTING ACTIVITIES    
Acquisition of property, equipment and leasehold improvements (70) (133)
Proceeds from the sale of assets 0 1
Purchases of investments 0 (1)
Net cash used in investing activities (70) (133)
FINANCING ACTIVITIES    
Redemption and repurchase of debt (1,288) 0
Dividends to shareholders (145) (147)
Repurchases of ordinary shares 0 (408)
Taxes paid related to net share settlement of equity awards (25) (39)
Proceeds from issuance of long-term debt 1,500 600
Proceeds from issuance of ordinary shares under employee stock plans 35 29
Other financing activities, net (126) (1)
Net cash (used in) provided by financing activities (49) 34
Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash 1 0
Increase in cash, cash equivalents and restricted cash 9 146
Cash, cash equivalents and restricted cash at the beginning of the period 788 617
Cash, cash equivalents and restricted cash at the end of the period 797 763
Gain (loss) on repurchase of debt instrument $ 7 $ 0