Western Digital (WDC) 10-Q 11 Feb 20 2020 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jan. 03, 2020	Feb. 04, 2020
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jan. 3, 2020
Document Transition Report	false
Entity File Number	1-8703
Entity Registrant Name	WESTERN DIGITAL CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	33-0956711
Entity Address, Address Line One	5601 Great Oaks Parkway
Entity Address, City or Town	San Jose,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95119
City Area Code	408
Local Phone Number	717-6000
Title of 12(b) Security	Common Stock, $.01 Par Value Per Share
Trading Symbol	WDC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		298,931,536
Entity Central Index Key	0000106040
Current Fiscal Year End Date	--07-03
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Current assets:
Cash and cash equivalents	$ 3,137	$ 3,455
Accounts receivable, net	1,791	1,204
Inventories	3,122	3,283
Other current assets	577	535
Total current assets	8,627	8,477
Non-current assets:
Property, plant and equipment, net	2,722	2,843
Notes receivable and investments in Flash Ventures	2,321	2,791
Goodwill	10,069	10,076
Other intangible assets, net	1,311	1,711
Other non-current assets	810	472
Total assets	25,860	26,370
Current liabilities:
Accounts payable	1,736	1,567
Accounts payable to related parties	364	331
Accrued expenses	1,559	1,296
Accrued compensation	537	347
Current portion of long-term debt	286	276
Total current liabilities	4,482	3,817
Non-current liabilities:
Long-term debt	9,547	10,246
Other liabilities	2,452	2,340
Total liabilities	16,481	16,403
Commitments and contingencies (Notes 9, 10, 12 and 15)
Shareholders’ equity:
Preferred stock, $0.01 par value; authorized — 5 shares; issued and outstanding — none	0	0
Common stock, $0.01 par value; authorized — 450 shares; issued — 312 shares; outstanding — 299 shares and 295 shares, respectively	3	3
Additional paid-in capital	3,731	3,851
Accumulated other comprehensive loss	(110)	(68)
Retained earnings	6,717	7,449
Treasury stock — common shares at cost; 13 shares and 17 shares, respectively	(962)	(1,268)
Total shareholders’ equity	9,379	9,967
Total liabilities and shareholders’ equity	$ 25,860	$ 26,370

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 03, 2020	Jun. 28, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	5,000,000	5,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	450,000,000	450,000,000
Common stock, issued (in shares)	312,000,000	312,000,000
Common stock, outstanding (in shares)	299,000,000	295,000,000
Treasury stock (in shares)	13,000,000	17,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Income Statement [Abstract]
Revenue, net	$ 4,234	$ 4,233	$ 8,274	$ 9,261
Cost of revenue	3,299	3,189	6,581	6,553
Gross profit	935	1,044	1,693	2,708
Operating expenses:
Research and development	578	539	1,152	1,115
Selling, general and administrative	298	309	603	665
Employee termination, asset impairment, and other charges	9	20	17	66
Total operating expenses	885	868	1,772	1,846
Operating income (loss)	50	176	(79)	862
Interest and other income (expense):
Interest income	8	15	20	30
Interest expense	(105)	(118)	(227)	(234)
Other income, net	7	8	9	6
Total interest and other expense, net	(90)	(95)	(198)	(198)
Income (loss) before taxes	(40)	81	(277)	664
Income tax expense	99	568	138	640
Net income (loss)	$ (139)	$ (487)	$ (415)	$ 24
Income (loss) per common share
Basic (in dollars per share)	$ (0.47)	$ (1.68)	$ (1.40)	$ 0.08
Diluted (in dollars per share)	$ (0.47)	$ (1.68)	$ (1.40)	$ 0.08
Weighted average shares outstanding:
Basic (in shares)	298	290	297	291
Diluted (in shares)	298	290	297	296
Cash dividends declared per share (in USD per share)	$ 0.50	$ 0.50	$ 1	$ 1

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jan. 03, 2020	Oct. 04, 2019	Dec. 28, 2018	Sep. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (139)	$ (276)	$ (487)	$ 511	$ (415)	$ 24
Other comprehensive income (loss), before tax:
Actuarial pension gain	2		1		3	1
Foreign currency translation adjustment	(15)		31		(10)	(6)
Net unrealized gain (loss) on derivative contracts and available-for-sale securities	(6)		7		(39)	6
Total other comprehensive income (loss), before tax	(19)		39		(46)	1
Income tax benefit (expense) related to items of other comprehensive income (loss), before tax	(1)		2		4	3
Other comprehensive income (loss), net of tax	(20)		41		(42)	4
Total comprehensive income (loss)	$ (159)		$ (446)		$ (457)	$ 28

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018
Cash flows from operating activities
Net income (loss)	$ (415)	$ 24
Adjustments to reconcile net income (loss) to net cash provided by operations:
Depreciation and amortization	805	952
Stock-based compensation	154	158
Deferred income taxes	(42)	281
Loss (gain) on disposal of assets	(12)	1
Amortization of debt discounts	20	19
Other non-cash operating activities, net	(20)	37
Changes in:
Accounts receivable, net	(587)	482
Inventories	155	(483)
Accounts payable	170	(256)
Accounts payable to related parties	33	51
Accrued expenses	327	254
Accrued compensation	191	(134)
Other assets and liabilities, net	(269)	(212)
Net cash provided by operating activities	510	1,174
Cash flows from investing activities
Purchases of property, plant and equipment	(305)	(500)
Proceeds from the sale of property, plant and equipment	0	3
Acquisitions, net of cash acquired	(22)	0
Purchases of investments	0	(33)
Proceeds from sale of investments	0	13
Proceeds from maturities of investments	0	7
Notes receivable issuances to Flash Ventures	(224)	(508)
Notes receivable proceeds from Flash Ventures	690	312
Strategic investments and other, net	21	(19)
Net cash provided by (used in) investing activities	160	(725)
Cash flows from financing activities
Issuance of stock under employee stock plans	72	61
Taxes paid on vested stock awards under employee stock plans	(54)	(69)
Repurchases of common stock	0	(563)
Dividends paid to shareholders	(296)	(292)
Repayment of debt	(707)	(75)
Repayment of revolving credit facility	0	(500)
Net cash used in financing activities	(985)	(1,438)
Effect of exchange rate changes on cash	(3)	(3)
Net decrease in cash and cash equivalents	(318)	(992)
Cash and cash equivalents, beginning of year	3,455	5,005
Cash and cash equivalents, end of period	3,137	4,013
Supplemental disclosure of cash flow information:
Cash paid for income taxes	181	264
Cash paid for interest	$ 206	$ 216

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Treasury Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Beginning balance at Jun. 29, 2018	$ (11,531)	$ (3)	$ (1,444)	$ (4,254)	$ 39	$ (8,757)
Beginning balance (in shares) at Jun. 29, 2018		(312)	(16)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	511					511
Employee stock plans	(58)		$ 198	(256)
Employee stock plans (in shares)			1
Stock-based compensation	79			79
Repurchases of common stock	(563)		$ (563)
Repurchases of common stock (in shares)			8
Dividends to shareholders	(144)			8		(152)
Foreign currency translation adjustment	(37)				(37)
Ending balance at Sep. 28, 2018	(11,375)	$ (3)	$ (1,809)	(4,085)	76	(9,172)
Ending balance (in shares) at Sep. 28, 2018		(312)	(23)
Beginning balance at Jun. 29, 2018	(11,531)	$ (3)	$ (1,444)	(4,254)	39	(8,757)
Beginning balance (in shares) at Jun. 29, 2018		(312)	(16)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	24
Ending balance at Dec. 28, 2018	(10,912)	$ (3)	$ (1,650)	(4,062)	35	(8,532)
Ending balance (in shares) at Dec. 28, 2018		(312)	(21)
Beginning balance at Sep. 28, 2018	(11,375)	$ (3)	$ (1,809)	(4,085)	76	(9,172)
Beginning balance (in shares) at Sep. 28, 2018		(312)	(23)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(487)					(487)
Employee stock plans	50		$ 159	(109)
Employee stock plans (in shares)			2
Stock-based compensation	79			79
Dividends to shareholders	(146)			7		(153)
Actuarial pension gain	1				1
Foreign currency translation adjustment	29				29
Net unrealized loss on derivative contracts	11				11
Ending balance at Dec. 28, 2018	(10,912)	$ (3)	$ (1,650)	(4,062)	35	(8,532)
Ending balance (in shares) at Dec. 28, 2018		(312)	(21)
Beginning balance at Jun. 28, 2019	(9,967)	$ (3)	$ (1,268)	(3,851)	68	(7,449)
Beginning balance (in shares) at Jun. 28, 2019		(312)	(17)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(276)					(276)
Employee stock plans	(26)		$ 181	(207)
Employee stock plans (in shares)			3
Stock-based compensation	77			77
Dividends to shareholders	(149)			7		(156)
Actuarial pension gain	1				1
Foreign currency translation adjustment	4				4
Net unrealized loss on derivative contracts	(27)				(27)
Ending balance at Oct. 04, 2019	(9,566)	$ (3)	$ (1,087)	(3,728)	90	(7,012)
Ending balance (in shares) at Oct. 04, 2019		(312)	(14)
Beginning balance at Jun. 28, 2019	(9,967)	$ (3)	$ (1,268)	(3,851)	68	(7,449)
Beginning balance (in shares) at Jun. 28, 2019		(312)	(17)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(415)
Dividends to shareholders	(298)
Ending balance at Jan. 03, 2020	(9,379)	$ (3)	$ (962)	(3,731)	110	(6,717)
Ending balance (in shares) at Jan. 03, 2020		(312)	(13)
Beginning balance at Oct. 04, 2019	(9,566)	$ (3)	$ (1,087)	(3,728)	90	(7,012)
Beginning balance (in shares) at Oct. 04, 2019		(312)	(14)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(139)					(139)
Employee stock plans	44		$ 125	(81)
Employee stock plans (in shares)			1
Stock-based compensation	77			77
Dividends to shareholders	(149)			7		(156)
Actuarial pension gain	1				1
Foreign currency translation adjustment	(13)				(13)
Net unrealized loss on derivative contracts	(8)				(8)
Ending balance at Jan. 03, 2020	$ (9,379)	$ (3)	$ (962)	$ (3,731)	$ 110	$ (6,717)
Ending balance (in shares) at Jan. 03, 2020		(312)	(13)

Organization and Basis of Prese

Organization and Basis of Presentation	6 Months Ended
	Jan. 03, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	Organization and Basis of Presentation Western Digital Corporation (“Western Digital” or “the Company”) is a leading developer, manufacturer, and provider of data storage devices and solutions that address the evolving needs of the information technology (“IT”) industry and the infrastructure that enables the proliferation of data in virtually every other industry. The Company creates environments for data to thrive. The Company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Everywhere data lives, from advanced data centers to mobile sensors to personal devices, the Company’s industry-leading solutions deliver the possibilities of data. The Company’s broad portfolio of technology and products address the following key end markets: Client Devices; Data Center Devices and Solutions; and Client Solutions. The Company also generates license and royalty revenue from its extensive intellectual property (“IP”), which is included in each of these three end market categories. The accounting policies followed by the Company are set forth in Part II, Item 8, Note 1, Organization and Basis of Presentation, of the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10‑K for the fiscal year ended June 28, 2019 . In the opinion of management, all adjustments necessary to fairly state the Condensed Consolidated Financial Statements have been made. All such adjustments are of a normal, recurring nature. Certain information and footnote disclosures normally included in the Consolidated Financial Statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). These Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and the notes thereto included in the Company’s Annual Report on Form 10‑K for the fiscal year ended June 28, 2019 . The results of operations for interim periods are not necessarily indicative of results to be expected for the full year. Fiscal Year The Company’s fiscal year ends on the Friday nearest to June 30 and typically consists of 52 weeks. Approximately every five to six years, the Company reports a 53-week fiscal year to align the fiscal year with the foregoing policy. Fiscal year 2020 , which ends on July 3, 2020 , will be comprised of 53 weeks, with the first quarter consisting of 14 weeks and the remaining quarters consisting of 13 weeks each. Fiscal year 2019 , which ended on June 28, 2019 , was comprised of 52 weeks, with all quarters presented consisting of 13 weeks. Use of Estimates Company management has made estimates and assumptions relating to the reporting of certain assets and liabilities in conformity with U.S. GAAP. These estimates and assumptions have been applied using methodologies that are consistent throughout the periods presented. However, actual results could differ materially from these estimates.

Recently Accounting Pronounceme

Recently Accounting Pronouncements	6 Months Ended
	Jan. 03, 2020
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Pronouncements Recently Adopted In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”). ASU 2016-02 supersedes ASC 840 “Leases”. The amendments in this update require, among other things, that lessees recognize the following for all leases (unless a policy election is made by class of underlying asset to exclude short-term leases) at the commencement date: (1) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) a right-of-use asset, which is an asset that represents the lessee’s right to use, or the direct use of, a specified asset for the lease term. The FASB issued ASU 2018-11 on July 30, 2018, which allows entities to apply the provisions of ASC 842 at the effective date without adjusting comparative periods. The Company adopted this standard effective June 29, 2019, the first day of the fiscal year ending July 3, 2020, and has elected the transition method provided in ASU 2018-11 to apply Topic 842 as of the date of adoption without adjusting comparative periods. The Company has elected the package of practical expedients and did not reassess prior conclusions including (a) whether its contracts are or contain a lease, (b) lease classification and (c) capitalization of initial direct costs. The adoption of Topic 842 resulted in an increase in lease assets and a corresponding increase in lease liabilities on the Condensed Consolidated Balance Sheet of $221 million as of June 29, 2019. The cumulative effect of adopting Topic 842 also included an after-tax decrease to opening retained earnings of $5 million as of June 29, 2019, which was primarily related to previously recorded sublease proceed assumptions on lease exit liabilities for which there was no expected future economic benefit at transition. See Note 10, Leases and Other Commitments , for additional disclosures related to this standard. In October 2018, the FASB issued ASU No. 2018-16, “Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes” (“ASU 2018-16”). ASU 2018-16 allows for the use of the OIS rate based on the SOFR as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, Derivatives and Hedging. The Company adopted this standard in the first quarter of 2020. The Company’s adoption of ASU 2018-16 did not have a material impact on its Condensed Consolidated Financial Statements . Recently Issued Accounting Pronouncements Not Yet Adopted In November 2018, the FASB issued ASU No. 2018-18, “Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606” (“ASU 2018-18”). ASU 2018-18 clarifies that certain transactions between collaborative arrangement participants should be accounted for as revenue when the collaborative arrangement participant is a customer in the context of a unit of account and precludes recognizing as revenue consideration received from a collaborative arrangement participant if the participant is not a customer. This ASU requires retrospective adoption to the date the Company adopted ASC 606 by recognizing a cumulative-effect adjustment to the opening balance of retained earnings of the earliest annual period presented. The amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, which for the Company is the first quarter of fiscal 2021. The Company does not expect this update to have a material impact on its Condensed Consolidated Financial Statements . In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 seeks to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments, including trade receivables, and other commitments to extend credit held by a reporting entity at each reporting date. The amendments require an entity to replace the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects current expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, which for the Company is the first quarter of fiscal 2021. The Company is currently evaluating the impact this update will have on its Condensed Consolidated Financial Statements

Revenues

Revenues	6 Months Ended
	Jan. 03, 2020
Revenue from Contract with Customer [Abstract]
Revenues	Revenues Contract assets represent the Company’s rights to consideration where performance obligations are completed but the customer payments are not due until another performance obligation is satisfied. The Company did not have any contract assets as of either January 3, 2020 or June 28, 2019 . The Company incurs sales commissions and other direct incremental costs to obtain sales contracts. The Company has applied the practical expedient to recognize the direct incremental costs of obtaining contracts as an expense when incurred if the amortization period is expected to be one year or less or the amount is not material, with these costs charged to Selling, general and administrative expenses. Direct incremental costs to obtain contracts that have an expected benefit of greater than one year are amortized over the period of expected cash flows from the related contracts, and the amortization expense is recorded as a reduction to revenue. Total capitalized contract costs as of January 3, 2020 and June 28, 2019 as well as the related amortization for the three and six months ended January 3, 2020 and December 28, 2018 were not material. Contract liabilities relate to customers’ payments in advance of performance under the contract and primarily relate to remaining performance obligations under support and maintenance contracts. As of January 3, 2020 and June 28, 2019 , contract liabilities were not material. The Company applies the practical expedients and does not disclose transaction price allocated to the remaining performance obligations for (i) arrangements that have an original expected duration of one year or less, which mainly consist of the support and maintenance contracts, and (ii) variable consideration amounts for sale-based or usage-based royalties for IP license arrangements, which typically range longer than one year. Remaining performance obligations are mainly attributed to right-to-access patent license arrangements and customer support and service contracts which will be recognized over the remaining contract period. The transaction price allocated to the remaining performance obligations as of January 3, 2020 was $140 million , which is mainly attributable to the functional IP license and service arrangements. The Company expects to recognize this amount as revenue as follows: $24 million during the remainder of fiscal 2020 , $43 million in fiscal 2021 , $40 million in fiscal 2022 and $33 million thereafter. The Company’s disaggregated revenue information is as follows: Three Months Ended Six Months Ended January 3, December 28, 2018 January 3, December 28, 2018 (in millions) Revenue by Product Hard disk drives (“HDD”) $ 2,396 $ 2,060 $ 4,804 $ 4,554 Flash-based 1,838 2,173 3,470 4,707 Total Revenue $ 4,234 $ 4,233 $ 8,274 $ 9,261 Revenue by End Market Client Devices $ 1,797 $ 2,214 $ 3,413 $ 4,864 Data Center Devices & Solutions 1,489 1,074 3,021 2,520 Client Solutions 948 945 1,840 1,877 Total Revenue $ 4,234 $ 4,233 $ 8,274 $ 9,261 Revenue by Geography Americas $ 1,296 $ 1,015 $ 2,609 $ 2,296 Europe, Middle East and Africa 811 817 1,590 1,701 Asia 2,127 2,401 4,075 5,264 Total Revenue $ 4,234 $ 4,233 $ 8,274 $ 9,261 The Company’s top 10 customers accounted for 44% and 43% of its net revenue for the three and six months ended January 3, 2020 , respectively, and 47% of its net revenue for both the three and six months ended December 28, 2018 . For the three and six months ended January 3, 2020 and December 28, 2018 , no single customer accounted for 10% or more of the Company’s net revenue.

Supplemental Financial Statemen

Supplemental Financial Statement Data	6 Months Ended
	Jan. 03, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Financial Statement Data	Supplemental Financial Statement Data Accounts receivable, net From time to time, in connection with factoring agreements, the Company sells trade accounts receivable without recourse to third party purchasers in exchange for cash. During the six months ended January 3, 2020 and December 28, 2018 , the Company sold trade accounts receivable and received cash proceeds of $198 million and $370 million , respectively. The discounts on the trade accounts receivable sold during the periods were not material and were recorded within Other income, net in the Condensed Consolidated Statements of Operations . As of January 3, 2020 and June 28, 2019 , the amount of factored receivables that remained outstanding was $113 million and $318 million , respectively. Inventories January 3, June 28, (in millions) Inventories: Raw materials and component parts $ 1,334 $ 1,142 Work-in-process 847 968 Finished goods 941 1,173 Total inventories $ 3,122 $ 3,283 Property, plant and equipment, net January 3, June 28, (in millions) Property, plant and equipment: Land $ 294 $ 294 Buildings and improvements 1,806 1,743 Machinery and equipment 7,171 7,267 Computer equipment and software 447 441 Furniture and fixtures 55 56 Construction-in-process 184 202 Property, plant and equipment, gross 9,957 10,003 Accumulated depreciation (7,235 ) (7,160 ) Property, plant and equipment, net $ 2,722 $ 2,843 Goodwill Carrying Amount (in millions) Balance at June 28, 2019 $ 10,076 Goodwill recorded in connection with an acquisition 14 Reduction in goodwill in connection with disposition of business (20 ) Foreign currency translation adjustment (1 ) Balance at January 3, 2020 $ 10,069 Acquisition On September 10, 2019 , the Company acquired substantially all the assets of Kazan Networks, Inc., an innovator in high-performance networking and non-volatile memory express over fabrics technology ("NVMe-oF"), and an industry leader in application-specific integrated circuit and adapter solutions to connect storage platforms and systems over ethernet fabrics. The purchase price of this acquisition was $22 million in cash, with net assets acquired primarily consisting of in-process research and development (“IPR&D”) of $8 million and $14 million allocated to Goodwill . Goodwill is primarily attributable to the benefits the Company expects to derive from diversifying product offerings in its Data Center Devices and Solutions and Client Solutions end markets as well as the acquired workforce. The expenses incurred by the Company related to the acquisition as well as the revenues and earnings related to the acquisition were not material to the Condensed Consolidated Financial Statements. Dispositions In September 2019, the Company announced the sale of its IntelliFlash business and intention to exit Storage Systems, which consists of IntelliFlash and ActiveScale. These actions will allow the Company to redirect investments to other high value priorities. In November 2019, the Company completed its sale of IntelliFlash for a price of $28 million , to be collected over the next three years . The sale of the IntelliFlash business included an immaterial amount of inventory, other tangible and intangible assets, and goodwill and resulted in a gain of approximately $17 million recorded in Employee termination, asset impairment, and other charges in the Condensed Consolidated Statements of Operations for both the three and six months ended January 3, 2020 . Additionally, in February 2020, the Company entered into an agreement for the sale of ActiveScale. The net assets sold and the proceeds from the sale of ActiveScale were not material. The revenues and expenses related to these businesses were not material to the Condensed Consolidated Financial Statements and did not qualify to be reported as discontinued operations. The operating results of these businesses have and will be reflected in the Company’s results from continuing operations in the Condensed Consolidated Statements of Operations for all periods presented through the date of disposition. Intangible assets January 3, June 28, (in millions) Finite-lived intangible assets $ 5,798 $ 5,824 In-process research and development 80 72 Accumulated amortization (4,567 ) (4,185 ) Intangible assets, net $ 1,311 $ 1,711 As part of prior acquisitions, the Company recorded at the time of the acquisition acquired IPR&D for projects in progress that had not yet reached technological feasibility. IPR&D is initially accounted for as an indefinite-lived intangible asset. Once a project reaches technological feasibility, the Company reclassifies the balance to existing technology and begins to amortize the intangible asset over its estimated useful life. Product warranty liability Changes in the warranty accrual were as follows: Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions) Warranty accrual, beginning of period $ 357 $ 323 $ 350 $ 318 Charges to operations 50 47 99 81 Utilization (35 ) (42 ) (83 ) (68 ) Changes in estimate related to pre-existing warranties 6 9 12 6 Warranty accrual, end of period $ 378 $ 337 $ 378 $ 337 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: January 3, June 28, (in millions) Warranty accrual Current portion (included in Accrued expenses) $ 193 $ 188 Long-term portion (included in Other liabilities) 185 162 Total warranty accrual $ 378 $ 350 Other liabilities January 3, June 28, (in millions) Other liabilities: Non-current net tax payable $ 839 $ 928 Payables related to unrecognized tax benefits 708 699 Other non-current liabilities 905 713 Total other liabilities $ 2,452 $ 2,340 Accumulated other comprehensive income (loss) Other comprehensive income (loss) (“OCI”), net of tax refers to expenses, gains and losses that are recorded as an element of shareholders’ equity but are excluded from net income. The following table illustrates the changes in the balances of each component of Accumulated other comprehensive income (loss) (“AOCI”): Actuarial Pension Gains (Losses) Foreign Currency Translation Adjustment Unrealized Gains (Losses) on Derivative Contracts Total Accumulated Comprehensive Income (Loss) (in millions) Balance at June 28, 2019 $ (53 ) $ 4 $ (19 ) $ (68 ) Other comprehensive income (loss) before reclassifications 3 (10 ) (20 ) (27 ) Amounts reclassified from accumulated other comprehensive income (loss) — — (19 ) (19 ) Income tax benefit (expense) related to items of other comprehensive income (loss) (1 ) 1 4 4 Net current-period other comprehensive income (loss) 2 (9 ) (35 ) (42 ) Balance at January 3, 2020 $ (51 ) $ (5 ) $ (54 ) $ (110 ) During the three and six months ended January 3, 2020 and December 28, 2018 , the amounts reclassified out of AOCI related to derivative contracts were not material and substantially all were charged to Cost of revenue in the Condensed Consolidated Statements of Operations.

Fair Value Measurements and Inv

Fair Value Measurements and Investments	6 Months Ended
	Jan. 03, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements and Investments	Fair Value Measurements and Investments Financial Instruments Carried at Fair Value Financial assets and liabilities that are remeasured and reported at fair value at each reporting period are classified and disclosed in one of the following three levels: Level 1. Quoted prices in active markets for identical assets or liabilities. Level 2. Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3. Inputs that are unobservable for the asset or liability and that are significant to the fair value of the assets or liabilities. The following tables present information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of January 3, 2020 and June 28, 2019 , and indicate the fair value hierarchy of the valuation techniques utilized to determine such values: January 3, 2020 Level 1 Level 2 Level 3 Total (in millions) Assets: Cash equivalents - Money market funds $ 1,051 $ — $ — $ 1,051 Foreign exchange contracts — 31 — 31 Total assets at fair value $ 1,051 $ 31 $ — $ 1,082 Liabilities: Foreign exchange contracts $ — $ 14 $ — $ 14 Interest rate swap contract — 69 — 69 Total liabilities at fair value $ — $ 83 $ — $ 83 June 28, 2019 Level 1 Level 2 Level 3 Total (in millions) Assets: Cash equivalents: Money market funds $ 1,388 $ — $ — $ 1,388 Certificates of deposit — 17 — 17 Total cash equivalents 1,388 17 — 1,405 Foreign exchange contracts — 44 — 44 Interest rate swap contracts — 2 — 2 Total assets at fair value $ 1,388 $ 63 $ — $ 1,451 Liabilities: Foreign exchange contracts $ — $ 40 $ — $ 40 Interest rate swap contract — 65 — 65 Total liabilities at fair value $ — $ 105 $ — $ 105 During the three and six months ended January 3, 2020 , the Company had no transfers of financial assets and liabilities between levels and there were no changes in valuation techniques and the inputs used in the fair value measurement. Financial Instruments Not Carried at Fair Value The carrying value of the Company’s revolving credit facility approximates its fair value given the revolving nature of the balance and the variable market interest rate. For financial instruments where the carrying value (which includes principal adjusted for any unamortized issuance costs, and discounts or premiums) differs from fair value (which is based on quoted market prices), the following table represents the related carrying value and fair value for each of the Company’s outstanding financial instruments. Each of the financial instruments presented below was categorized as Level 2 for all periods presented, based on the frequency of trading immediately prior to the end of the second quarter of 2020 and the fourth quarter of 2019 , respectively. January 3, 2020 June 28, 2019 Carrying Value Fair Value Carrying Fair (in millions) 0.50% convertible senior notes due 2020 $ 33 $ 33 $ 33 $ 31 Variable interest rate Term Loan A-1 maturing 2023 4,700 4,720 4,824 4,780 Variable interest rate U.S. Term Loan B-4 maturing 2023 1,843 1,857 2,424 2,370 1.50% convertible notes due 2024 973 1,085 958 986 4.75% senior unsecured notes due 2026 2,284 2,419 2,283 2,263 Total $ 9,833 $ 10,115 $ 10,522 $ 10,430

Derivatives Instruments and Hed

Derivatives Instruments and Hedging Activities	6 Months Ended
	Jan. 03, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities As of January 3, 2020 , the Company had outstanding foreign exchange forward contracts that were designated as either cash flow hedges or non-designated hedges. Substantially all of the contract maturity dates of these foreign exchange forward contracts do not exceed 12 months . In addition, the Company had outstanding pay-fixed interest rate swaps that were designated as cash flow hedges of variable rate interest payments on a portion of its term loans through February 2023. As of January 3, 2020 , the amount of existing net losses related to cash flow hedges recorded in AOCI included $51 million related to the Company’s interest rate swaps that is expected to be reclassified to earnings after twelve months. In addition, as of January 3, 2020 , the Company did not have any foreign exchange forward contracts with credit-risk-related contingent features. Changes in fair values of the non-designated foreign exchange contracts are recognized in Other income, net and are largely offset by corresponding changes in the fair values of the foreign currency denominated monetary assets and liabilities. For each of the three and six months ended January 3, 2020 and December 28, 2018 , total net realized and unrealized transaction and foreign exchange contract currency gains and losses were not material to the Company’s Condensed Consolidated Financial Statements . Netting Arrangements Under certain provisions and conditions within agreements with counterparties to the Company’s foreign exchange forward contracts, subject to applicable requirements, the Company has the right of offset associated with the Company’s foreign exchange forward contracts and is allowed to net settle transactions of the same currency with a single net amount payable by one party to the other. As of January 3, 2020 and June 28, 2019 , the effect of rights of offset was not material and the Company did not offset or net the fair value amounts of derivative instruments in its Condensed Consolidated Balance Sheets.

Debt

Debt	6 Months Ended
	Jan. 03, 2020
Debt Disclosure [Abstract]
Debt	Debt Debt consisted of the following as of January 3, 2020 and June 28, 2019 : January 3, June 28, (in millions) 0.50% convertible senior notes due 2020 $ 35 $ 35 Variable interest rate Term Loan A-1 maturing 2023 4,708 4,834 Variable interest rate U.S. Term Loan B-4 maturing 2023 1,843 2,425 1.50% convertible notes due 2024 1,100 1,100 4.75% senior unsecured notes due 2026 2,300 2,300 Total debt 9,986 10,694 Issuance costs and debt discounts (153 ) (172 ) Subtotal 9,833 10,522 Less current portion of long-term debt (286 ) (276 ) Long-term debt $ 9,547 $ 10,246 The credit agreement governing the revolving credit facility and Term Loan A-1 requires the Company to comply with certain financial covenants, consisting of a leverage ratio and an interest coverage ratio. As of January 3, 2020 , the Company was in compliance with these financial covenants. On October 4, 2019 and January 3, 2020 , the Company made voluntary prepayments of $250 million and $325 million , respectively, on its U.S. Term Loan B-4, which were applied toward the remaining scheduled amortization and the remainder towards the principal due at maturity. As of January 3, 2020 , there are no longer any scheduled amortization payments due under the U.S. Term Loan B-4 prior to its maturity on April 29, 2023. On January 31, 2020, the Company made an incremental voluntary prepayment of $150 million on its Term Loan B-4.

Pensions and Other Post-retirem

Pensions and Other Post-retirement Benefit Plans	6 Months Ended
	Jan. 03, 2020
Retirement Benefits [Abstract]
Pensions and Other Post-retirement Benefit Plans	Pension and Other Post-Retirement Benefit Plans The Company has pension and other post-retirement benefit plans in various countries. The Company’s principal pension plans are in Japan. All pension and other post-retirement benefit plans outside of the Company’s Japanese defined benefit pension plan (the “Japanese Plan”) are immaterial to the Condensed Consolidated Financial Statements . The expected long-term rate of return on the Japanese Plan assets is 2.5% . Obligations and Funded Status The following table presents the unfunded status of the benefit obligations for the Japanese Plan: January 3, June 28, (in millions) Benefit obligation at end of period $ 278 $ 280 Fair value of plan assets at end of period 210 208 Unfunded status $ 68 $ 72 The following table presents the unfunded amounts related to the Japanese Plan as recognized on the Company’s Condensed Consolidated Balance Sheets : January 3, June 28, (in millions) Current liabilities $ 1 $ 1 Non-current liabilities 67 71 Net amount recognized $ 68 $ 72 Net periodic benefit costs were not material for either the three or six months ended January 3, 2020

Related Parties and Related Com

Related Parties and Related Commitments and Contingencies	6 Months Ended
	Jan. 03, 2020
Commitments and Contingencies Disclosure [Abstract]
Related Parties and Related Commitments and Contingencies	Related Parties and Related Commitments and Contingencies Flash Ventures The Company’s business ventures with Kioxia Corporation (“Kioxia”) consist of three separate legal entities: Flash Partners Ltd. (“Flash Partners”), Flash Alliance Ltd. (“Flash Alliance”), and Flash Forward Ltd. (“Flash Forward”), collectively referred to as “Flash Ventures”. The following table presents the notes receivable from, and equity investments in, Flash Ventures as of January 3, 2020 and June 28, 2019 : January 3, June 28, (in millions) Notes receivable, Flash Partners $ 412 $ 551 Notes receivable, Flash Alliance 625 878 Notes receivable, Flash Forward 663 743 Investment in Flash Partners 200 200 Investment in Flash Alliance 297 296 Investment in Flash Forward 124 123 Total notes receivable and investments in Flash Ventures $ 2,321 $ 2,791 During the three and six months ended January 3, 2020 and during the three and six months ended December 28, 2018 , the Company made net payments to Flash Ventures of $648 million and $1.33 billion , and $1.12 billion and $1.86 billion respectively, for purchased flash-based memory wafers and net loans and investments. The Company makes, or will make, loans to Flash Ventures to fund equipment investments for new process technologies and additional wafer capacity. The Company aggregates its Flash Ventures’ notes receivable into one class of financing receivables due to the similar ownership interest and common structure in each Flash Venture entity. For all reporting periods presented, no loans were past due and no loan impairments were recorded. The Company’s notes receivable from each Flash Ventures entity, denominated in Japanese yen, are secured by equipment owned by that Flash Ventures entity. As of January 3, 2020 and June 28, 2019 , the Company had Accounts payable balances due to Flash Ventures of $364 million and $331 million , respectively. The Company’s maximum reasonably estimable loss exposure (excluding lost profits) as a result of its involvement with Flash Ventures, based upon the Japanese yen to U.S. dollar exchange rate at January 3, 2020 , is presented below. Investments in Flash Ventures are denominated in Japanese yen, and the maximum estimable loss exposure excludes any cumulative translation adjustment due to revaluation from the Japanese yen to the U.S. dollar. January 3, Notes receivable $ 1,700 Equity investments 621 Operating lease guarantees 1,746 Inventory and prepayments 462 Maximum estimable loss exposure $ 4,529 The Company is obligated to pay for variable costs incurred in producing its share of Flash Ventures’ flash-based memory wafer supply, based on its three-month forecast, which generally equals 50% of Flash Ventures’ output. In addition, the Company is obligated to pay for half of Flash Ventures’ fixed costs regardless of the output the Company chooses to purchase. The Company is not able to estimate its total wafer purchase commitment obligation beyond its rolling three-month purchase commitment because the price is determined by reference to the future cost of producing the semiconductor wafers. In addition, the Company is committed to fund 49.9% to 50.0% of each Flash Ventures entity’s capital investments to the extent that each Flash Ventures entity’s operating cash flow is insufficient to fund these investments. In June 2019, an unexpected power outage incident occurred at the flash-based memory manufacturing facilities operated by Flash Ventures in Yokkaichi, Japan. The power outage incident impacted the facilities and process tools and resulted in the damage of flash wafers in production and a reduction in the Company’s flash wafer availability. As a result of this incident, the Company incurred charges of $68 million in its fiscal 2020, all incurred in the three months ended October 4, 2019 , which were recorded in Cost of revenue and primarily consisted of unabsorbed manufacturing overhead costs. The Company is pursuing recovery of its losses associated with this event; however, the amount of any recovery cannot be estimated at this time. In May 2019, the Company entered into additional agreements with Kioxia to extend Flash Ventures to a new wafer fabrication facility, known as “K1,” located in Kitakami, Japan. The primary purpose of K1 is to provide clean room space to continue the transition of existing flash-based wafer capacity to newer technology nodes. Output from the initial production line at K1 began in the second half of fiscal year 2020, although meaningful output from K1 is not expected to begin until the first half of fiscal year 2021. The Company’s share of the initial commitment for K1 will result in equipment investments, relocation and other start-up costs which are expected to be incurred primarily through the second half of fiscal year 2020. The Company also agreed to prepay an aggregate of approximately $360 million over a 3-year period beginning in the first half of fiscal year 2020 toward K1 building depreciation, to be credited against future wafer charges. As of January 3, 2020 , remaining committed prepayments totaled $265 million . Inventory Purchase Commitments with Flash Ventures. Purchase orders placed under Flash Ventures for up to three months are binding and cannot be canceled. Research and Development Activities. The Company participates in common Research and development (“R&D”) activities with Kioxia and is contractually committed to a minimum funding level. R&D commitments are immaterial to the Condensed Consolidated Financial Statements . Off-Balance Sheet Liabilities Flash Ventures sells to and leases back from a consortium of financial institutions a portion of its tools and has entered into equipment lease agreements of which the Company guarantees half or all of the outstanding obligations under each lease agreement. The lease agreements are subject to customary covenants and cancellation events related to Flash Ventures and each of the guarantors. The occurrence of a cancellation event could result in an acceleration of Flash Ventures’ obligations and a call on the Company’s guarantees. The following table presents the Company’s portion of the remaining guarantee obligations under the Flash Ventures’ lease facilities in both Japanese yen and U.S. dollar-equivalent, based upon the Japanese yen to U.S. dollar exchange rate as of January 3, 2020 . Lease Amounts (Japanese yen, in billions) (U.S. dollar, in millions) Total guarantee obligations ¥ 189 $ 1,746 The following table details the breakdown of the Company’s remaining guarantee obligations between the principal amortization and the purchase option exercise price at the end of the term of the Flash Ventures lease agreements, in annual installments as of January 3, 2020 in U.S. dollars, based upon the Japanese yen to U.S. dollar exchange rate as of January 3, 2020 : Annual Installments Payment of Principal Amortization Purchase Option Exercise Price at Final Lease Terms Guarantee Amount (in millions) Remaining six months of 2020 $ 239 $ 35 $ 274 2021 406 108 514 2022 323 49 372 2023 215 67 282 2024 98 120 218 Thereafter 12 74 86 Total guarantee obligations $ 1,293 $ 453 $ 1,746 The Company and Kioxia have agreed to mutually contribute to, and indemnify each other and Flash Ventures for, environmental remediation costs or liability resulting from Flash Ventures’ manufacturing operations in certain circumstances. The Company has not made any indemnification payments, nor recorded any indemnification receivables, under any such agreements. As of January 3, 2020 , no amounts have been accrued in the Condensed Consolidated Financial Statements with respect to these indemnification agreements. Unis Venture The Company has a joint venture with Unisplendour Corporation Limited and Unissoft (Wuxi) Group Co. Ltd. (“ Unis ”), referred to as the “ Unis Venture ”, to market and sell the Company’s products in China and to develop data storage systems for the Chinese market in the future. The Unis Venture is 49% owned by the Company and 51% owned by Unis . The Company accounts for its investment in the Unis Venture under the equity method of accounting. Revenue on products distributed by the Unis Venture is recognized upon sell through to third-party customers. For both the three and six months ended January 3, 2020 and December 28, 2018 , the Company recognized approximately 1% of its consolidated revenue on products distributed by the Unis Venture. The outstanding accounts receivable due from and investment in the Unis Venture were not material to the Condensed Consolidated Financial Statements as of January 3, 2020 or June 28, 2019 .

Leases and Other Commitments

Leases and Other Commitments	6 Months Ended
	Jan. 03, 2020
Leases [Abstract]
Leases and Other Commitments	Leases and Other Commitments Leases The Company leases certain domestic and international facilities and data center space under long-term, non-cancelable operating leases that expire at various dates through 2034. These leases include no material variable or contingent lease payments. Operating lease assets and liabilities are recognized based on the present value of the remaining lease payments discounted using the Company’s incremental borrowing rate. Operating lease assets also include prepaid lease payments minus any lease incentives. Extension or termination options present in the Company’s lease agreements are included in determining the right-of-use asset and lease liability when it is reasonably certain the Company will exercise that option. Lease expense is recognized on a straight-line basis over the lease term. The following table summarizes supplemental balance sheet information related to operating leases as of January 3, 2020 : Lease Amounts Minimum lease payments by fiscal year: (in millions) Remaining six months of 2020 $ 26 2021 45 2022 30 2023 25 2024 27 Thereafter 168 Total future minimum lease payments 321 Less: Imputed Interest (63 ) Present value of lease liabilities 258 Less: Current portion (included in Accrued expenses) 41 Long-term operating lease liabilities (included in Other liabilities) $ 217 Operating lease right-of-use assets (included in Other non-current assets) $ 242 Weighted average remaining lease term in years 9.4 Weighted average discount rate 4.2 % The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases for the three and six months ended January 3, 2020 : Three Months Ended Six Months Ended January 3, January 3, (in millions) Cost of operating leases $ 18 $ 30 Cash paid for operating leases 13 29 Operating lease assets obtained in exchange for operating lease liabilities 1 50 Purchase Agreements and Other Commitments In the normal course of business, the Company enters into purchase orders with suppliers for the purchase of components used to manufacture its products. These purchase orders generally cover forecasted component supplies needed for production during the next quarter, are recorded as a liability upon receipt of the components, and generally may be changed or canceled at any time prior to shipment of the components. The Company also enters into long-term agreements with suppliers that contain fixed future commitments, which are contingent on certain conditions such as performance, quality and technology of the vendor’s components. As of January 3, 2020 , the Company had the following minimum long-term commitments: Long-term commitments (in millions) Fiscal year: Remaining six months of 2020 $ 123 2021 304 2022 390 2023 407 2024 180 Thereafter 338 Total $ 1,742

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jan. 03, 2020
Share-based Payment Arrangement [Abstract]
Shareholders' Equity	Shareholders’ Equity Stock-based Compensation Expense The following tables present the Company’s stock-based compensation for equity-settled awards by type and financial statement line as well as the related tax benefit included in the Company’s Condensed Consolidated Statements of Operations : Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions) Options $ 2 $ 4 $ 4 $ 9 Restricted and performance stock units 70 70 136 137 Employee stock purchase plan 5 5 14 12 Total $ 77 $ 79 $ 154 $ 158 Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions) Cost of revenue $ 13 $ 13 $ 25 $ 24 Research and development 41 42 82 81 Selling, general and administrative 23 24 47 53 Subtotal 77 79 154 158 Tax benefit (11 ) (14 ) (23 ) (25 ) Total $ 66 $ 65 $ 131 $ 133 Windfall tax benefits related to the vesting and exercise of stock-based awards, which are recognized as a component of the Company’s Income tax expense , were immaterial for the periods presented. Compensation cost related to unvested stock options, restricted stock units (“RSUs”), performance-based stock units (“PSUs”), and rights to purchase shares of common stock under the Company’s Employee Stock Purchase Plan (“ESPP”) will generally be amortized on a straight-line basis over the remaining average service period. The following table presents the unamortized compensation cost and weighted average service period of all unvested outstanding awards as of January 3, 2020 : Unamortized Compensation Costs Weighted Average Service Period (in millions) (years) Options $ 3 0.6 RSUs and PSUs (1) 640 2.7 ESPP 50 1.4 Total unamortized compensation cost $ 693 (1) Weighted average service period assumes the performance metrics are met for the PSUs. Plan Activities Stock Options The following table summarizes stock option activity under the Company’s incentive plans: Number of Shares Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (in millions) (in years) (in millions) Options outstanding at June 28, 2019 3.9 $ 65.72 Exercised (0.6 ) 43.48 $ 8 Canceled or expired (0.3 ) 93.23 Options outstanding at January 3, 2020 3.0 67.85 2.6 $ 28 Exercisable at January 3, 2020 2.7 70.60 2.5 $ 22 RSUs and PSUs The following table summarizes RSU and PSU activity under the Company’s incentive plans: Number of Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value at Vest Date (in millions) (in millions) RSUs and PSUs outstanding at June 28, 2019 11.6 $ 62.07 Granted 5.8 58.13 Vested (3.3 ) 63.15 $ 186 Forfeited (0.8 ) 63.37 RSUs and PSUs outstanding at January 3, 2020 13.3 60.88 RSUs and PSUs are generally settled in an equal number of shares of the Company’s common stock at the time of vesting of the units. Stock Repurchase Program The Company’s Board of Directors has authorized a stock repurchase program for the repurchase of up to $5.00 billion of the Company’s common stock, which authorization is effective through July 25, 2023 . For the six months ended January 3, 2020 , the Company did not make any stock repurchases. The remaining amount available to be repurchased under the Company’s current stock repurchase program as of January 3, 2020 was $4.50 billion . Repurchases under the stock repurchase program may be made in the open market or in privately negotiated transactions and may be made under a Rule 10b5-1 plan. The Company expects stock repurchases to be funded principally by operating cash flows. Dividends to Shareholders Since the first quarter of 2013, the Company has issued a quarterly cash dividend. During the six months ended January 3, 2020 , the Company declared aggregate cash dividends of $1.00 per share on its outstanding common stock totaling $298 million , of which $149 million was paid on January 21, 2020

Income Tax Expense

Income Tax Expense	6 Months Ended
	Jan. 03, 2020
Income Tax Disclosure [Abstract]
Income Tax Expense	Income Tax Expense The Tax Cuts and Jobs Act (the “2017 Act”), enacted on December 22, 2017, includes a broad range of tax reform proposals affecting businesses. The Company completed its accounting for the tax effects of the enactment of the 2017 Act during the second quarter of fiscal 2019. However, the U.S. Treasury and the Internal Revenue Service (“IRS”) have issued tax guidance on certain provisions of the 2017 Act since the enactment date, and the Company anticipates the issuance of additional regulatory and interpretive guidance. The Company applied a reasonable interpretation of the 2017 Act along with the then-available guidance in finalizing its accounting for the tax effects of the 2017 Act. Any additional regulatory or interpretive guidance would constitute new information, which may require further refinements to the Company’s estimates in future periods. The following table presents the Company’s Income tax expense and the effective tax rate: Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, (in millions) Income (loss) before taxes $ (40 ) $ 81 $ (277 ) $ 664 Income tax expense 99 568 138 640 Effective tax rate (248 )% 701 % (50 )% 96 % The primary drivers of the difference between the effective tax rate for the three and six months ended January 3, 2020 and the U.S. Federal statutory rate of 21% are the relative mix of earnings and losses by jurisdiction, the deduction for foreign derived intangible income, credits and tax holidays in Malaysia, Philippines and Thailand that will expire at various dates during fiscal years 2020 through 2030. In addition, the effective tax rate for the six months ended January 3, 2020 includes the discrete effect of a de-recognition of $33 million for certain deferred tax assets associated with the Company’s creditable foreign withholding taxes due to the issuance of final regulatory guidance. The regulatory guidance does not preclude the Company from potentially claiming these creditable taxes as a period benefit when paid. The primary drivers of the difference between the effective tax rate for the three and six months ended December 28, 2018 and the U.S. Federal statutory rate of 21% is the discrete effect of the finalization of the accounting for the tax effects of the enactment of the 2017 Act. For the three months ended December 28, 2018 , these discrete effects consist of $230 million related to the mandatory deemed repatriation tax and $134 million related to the Company’s decision to change its indefinite reinvestment assertion. For the six months ended December 28, 2018 , these discrete effects consist of $178 million related to the mandatory deemed repatriation tax and $144 million related to the Company’s decision to change its indefinite reinvestment assertion. For both periods, the remaining difference is attributable primarily to the changes in the relative mix of our U.S. earnings compared to foreign earnings. The IRS previously completed its field examination of the Company’s federal income tax returns for fiscal years 2008 through 2012 and proposed certain adjustments. As previously disclosed, the Company received Revenue Agent Reports from the IRS for fiscal years 2008 through 2009, proposing adjustments relating to transfer pricing with the Company’s foreign subsidiaries and intercompany payable balances. The Company disagrees with the proposed adjustments and in September 2015, filed a protest with the IRS Appeals Office and received the IRS rebuttal in July 2016. The Company and the IRS Appeals Office did not reach a settlement on the disputed matters. On June 28, 2018, the IRS issued a statutory notice of deficiency with respect to the disputed matters for fiscal years 2008 through 2009, seeking to increase the Company’s U.S. taxable income by an amount that would result in additional federal tax through fiscal year 2009 totaling approximately $516 million , subject to interest. The Company filed a petition with the U.S. Tax Court in September 2018. On December 10, 2018, the IRS issued a statutory notice of deficiency with respect to fiscal years 2010 through 2012, seeking to increase the Company’s U.S. taxable income by an amount that would result in additional federal tax for fiscal years 2010 through 2012 totaling approximately $549 million , subject to interest. Approximately $535 million of the total additional federal tax for fiscal years 2010 through 2012 relates to proposed adjustments for transfer pricing with the Company’s foreign subsidiaries, intercompany payable balances and the utilization of certain tax attributes. The Company filed a petition with the U.S. Tax Court in March 2019. The U.S. Tax Court consolidated the case for fiscal years 2008 through 2009 with the case for fiscal years 2010 through 2012. The Company believes that its tax positions are properly supported and will vigorously contest the position taken by the IRS. The Company believes that adequate provision has been made for any adjustments that may result from tax examinations. However, the outcome of tax examinations cannot be predicted with certainty. If any issues addressed in the Company’s tax examinations are resolved in a manner not consistent with management’s expectations, the Company could be required to adjust its provision for income taxes in the period such resolution occurs. As of January 3, 2020 , it was not possible to estimate the amount of change, if any, in the unrecognized tax benefits that is reasonably possible within the next twelve months. Any significant change in the amount of the Company’s liability for unrecognized tax benefits would most likely result from additional information or settlements relating to the examination of the Company’s tax returns. As of January 3, 2020 , the liability for unrecognized tax benefits (excluding accrued interest and penalties) was approximately $696 million . Accrued interest and penalties related to unrecognized tax benefits as of January 3, 2020 was approximately $131 million . Of these amounts, approximately $708 million could result in potential cash payments. The Company is not able to provide a reasonable estimate of the timing of future tax payments related to these obligations.

Net Income (Loss) Per Common Sh

Net Income (Loss) Per Common Share	6 Months Ended
	Jan. 03, 2020
Earnings Per Share [Abstract]
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share The following table presents the computation of basic and diluted income (loss) per common share: Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions, except per share data) Net income (loss) $ (139 ) $ (487 ) $ (415 ) $ 24 Weighted average shares outstanding: Basic 298 290 297 291 Employee stock options, RSUs, PSUs and ESPP — — — 5 Diluted 298 290 297 296 Income (loss) per common share Basic $ (0.47 ) $ (1.68 ) $ (1.40 ) $ 0.08 Diluted $ (0.47 ) $ (1.68 ) $ (1.40 ) $ 0.08 Anti-dilutive potential common shares excluded 15 19 15 8 The Company computes basic income (loss) per common share using Net income (loss) and the weighted average number of common shares outstanding during the period. Diluted income (loss) per common share is computed using Net income (loss) and the weighted average number of common shares and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares include dilutive outstanding employee stock options, RSUs and PSUs, and rights to purchase shares of common stock under the Company’s ESPP. For the six months ended December 28, 2018 , the Company excluded common shares subject to outstanding equity awards from the calculation of diluted shares because their impact would have been anti-dilutive based on the Company’s average stock price during the period. For the three and six months ended January 3, 2020 , and the three months ended December 28, 2018 , the Company recorded net losses , and all shares subject to outstanding equity awards have been excluded for those periods because including them would be anti-dilutive.

Employee Termination, Asset Imp

Employee Termination, Asset Impairment and Other Charges	6 Months Ended
	Jan. 03, 2020
Postemployment Benefits [Abstract]
Employee Termination, Asset Impairment and Other Charges	Employee Termination, Asset Impairment and Other Charges The Company recorded the following charges related to employee terminations benefits, asset impairment, and other charges: Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, (in millions) Employee termination and other charges: Closure of Foreign Manufacturing Facilities $ — $ 7 $ 4 $ 11 Business Realignment 26 13 30 55 Total employee termination and other charges 26 20 34 66 Gain on disposition of assets: Business Realignment (17 ) — (17 ) — Total gain on disposition of assets (17 ) — (17 ) — Total employee termination, asset impairment, and other charges $ 9 $ 20 $ 17 $ 66 Closure of Foreign Manufacturing Facilities In July 2018, the Company announced the closing of its HDD manufacturing facility in Kuala Lumpur, Malaysia, in order to reduce its manufacturing costs and consolidate HDD operations into Thailand. The Company substantially completed the closure in fiscal year 2019. The following table presents an analysis of the components of the restructuring charges, payments and adjustments made against the reserve during the six months ended January 3, 2020 : Employee Termination Benefits Contract Termination and Other Total (in millions) Accrual balance at June 28, 2019 $ 30 $ 2 $ 32 Charges 2 2 4 Cash payments (21 ) (4 ) (25 ) Accrual balance at January 3, 2020 $ 11 $ — $ 11 Business Realignment The Company periodically incurs charges as part of the integration process of recent acquisitions and to realign its operations with anticipated market demand, primarily consisting of organization rationalization designed to streamline its business, reduce its cost structure and focus its resources. In addition to the amounts recognized under Business Realignment as presented above, the Company recognized $5 million of accelerated depreciation on facility assets in Cost of revenue and Operating expenses in the Condensed Consolidated Statements of Operations for the six months ended January 3, 2020 . The following table presents an analysis of the components of the activity against the reserve during the six months ended January 3, 2020 : Employee Termination Benefits Contract Termination and Other Total (in millions) Accrual balance at June 28, 2019 $ 37 $ 8 $ 45 Charges 26 4 30 Cash payments (35 ) (11 ) (46 ) Accrual balance at January 3, 2020 $ 28 $ 1 $ 29

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jan. 03, 2020
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	Legal Proceedings Tax For disclosures regarding statutory notices of deficiency issued by the IRS on June 28, 2018 and December 10, 2018, and petitions filed by the Company with the U.S. Tax Court in September 2018 and March 2019, see Note 12 , Income Tax Expense. Other Matters In the normal course of business, the Company is subject to legal proceedings, lawsuits and other claims. Although the ultimate aggregate amount of probable monetary liability or financial impact with respect to these other matters is subject to many uncertainties, management believes that any monetary liability or financial impact to the Company from these matters, individually and in the aggregate, would not be material to the Company’s financial condition, results of operations or cash flows. However, any monetary liability and financial impact to the Company from these matters could differ materially from the Company’s expectations.

Separate Financial Information

Separate Financial Information of Guarantor Subsidiaries	6 Months Ended
	Jan. 03, 2020
Condensed Financial Information Disclosure [Abstract]
Separate Financial Information of Guarantor Subsidiaries	Separate Financial Information of Guarantor Subsidiaries The Company’s 4.750% senior unsecured notes due 2026 (the “2026 Senior Unsecured Notes”) are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis, subject to certain customary guarantor release conditions, by certain 100% owned material domestic subsidiaries of the Company (or the “Guarantor Subsidiaries”). The guarantee by a Guarantor Subsidiary will be released in the event of (i) the release of a Guarantor Subsidiary from its guarantee of indebtedness under the credit agreement governing the revolving credit facility and term loans or other indebtedness that would have required the Guarantor Subsidiary to guarantee the 2026 Senior Unsecured Notes, (ii) the sale, issuance or other disposition of capital stock of a Guarantor Subsidiary such that it is no longer a restricted subsidiary under the indenture governing the 2026 Senior Unsecured Notes, (iii) the sale of all or substantially all of a Guarantor Subsidiary’s assets, (iv) the Company’s exercise of its defeasance options under the indenture governing the 2026 Senior Unsecured Notes, (v) the dissolution or liquidation of a Guarantor Subsidiary or (vi) the sale of all the equity interest in a Guarantor Subsidiary. The Company’s other domestic subsidiaries and its foreign subsidiaries (collectively, the “Non-Guarantor Subsidiaries”) do not guarantee the 2026 Senior Unsecured Notes. The following condensed consolidating financial information reflects the summarized financial information of Western Digital Corporation (“Parent”), the Guarantor Subsidiaries on a combined basis, and the Non-Guarantor Subsidiaries on a combined basis. Condensed Consolidating Balance Sheet As of January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) ASSETS Current assets: Cash and cash equivalents $ 11 $ 786 $ 2,340 $ — $ 3,137 Accounts receivable, net — 1,172 619 — 1,791 Intercompany receivables 2,617 7,840 2,839 (13,296 ) — Inventories — 716 2,472 (66 ) 3,122 Loans due from consolidated affiliates — — 258 (258 ) — Other current assets — 364 213 — 577 Total current assets 2,628 10,878 8,741 (13,620 ) 8,627 Property, plant and equipment, net — 820 1,902 — 2,722 Notes receivable and investments in Flash Ventures — — 2,321 — 2,321 Goodwill — 374 9,695 — 10,069 Other intangible assets, net — 10 1,301 — 1,311 Investments in consolidated subsidiaries 20,637 15,471 — (36,108 ) — Loans due from consolidated affiliates — 1,626 — (1,626 ) — Other non-current assets 56 255 499 — 810 Total assets $ 23,321 $ 29,434 $ 24,459 $ (51,354 ) $ 25,860 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ — $ 153 $ 1,583 $ — $ 1,736 Accounts payable to related parties — 364 — — 364 Intercompany payables 2,285 4,953 6,058 (13,296 ) — Accrued expenses 206 837 516 — 1,559 Accrued compensation — 356 181 — 537 Loans due to consolidated affiliates — 258 — (258 ) — Current portion of long-term debt 251 — 35 — 286 Total current liabilities 2,742 6,921 8,373 (13,554 ) 4,482 Long-term debt 9,547 — — — 9,547 Loans due to consolidated affiliates 1,603 — 23 (1,626 ) — Other liabilities 50 1,843 559 — 2,452 Total liabilities 13,942 8,764 8,955 (15,180 ) 16,481 Total shareholders’ equity 9,379 20,670 15,504 (36,174 ) 9,379 Total liabilities and shareholders’ equity $ 23,321 $ 29,434 $ 24,459 $ (51,354 ) $ 25,860 Condensed Consolidating Balance Sheet As of June 28, 2019 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) ASSETS Current assets: Cash and cash equivalents $ 8 $ 985 $ 2,462 $ — $ 3,455 Accounts receivable, net — 779 425 — 1,204 Intercompany receivables 2,409 5,808 1,581 (9,798 ) — Inventories — 990 2,438 (145 ) 3,283 Loans due from consolidated affiliates — — 50 (50 ) — Other current assets 2 251 282 — 535 Total current assets 2,419 8,813 7,238 (9,993 ) 8,477 Property, plant and equipment, net — 873 1,970 — 2,843 Notes receivable and investments in Flash Ventures — — 2,791 — 2,791 Goodwill — 388 9,688 — 10,076 Other intangible assets, net — 23 1,688 — 1,711 Investments in consolidated subsidiaries 20,772 16,355 — (37,127 ) — Loans due from consolidated affiliates — 674 — (674 ) — Other non-current assets 60 51 361 — 472 Total assets $ 23,251 $ 27,177 $ 23,736 $ (47,794 ) $ 26,370 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ — $ 195 $ 1,372 $ — $ 1,567 Accounts payable to related parties — — 331 — 331 Intercompany payables 1,871 3,515 4,412 (9,798 ) — Accrued expenses 195 522 579 — 1,296 Accrued compensation — 214 133 — 347 Loans due to consolidated affiliates — 50 — (50 ) — Current portion of long-term debt 276 — — — 276 Total current liabilities 2,342 4,496 6,827 (9,848 ) 3,817 Long-term debt 10,213 — 33 — 10,246 Loans due to consolidated affiliates 674 — — (674 ) — Other liabilities 55 1,795 490 — 2,340 Total liabilities 13,284 6,291 7,350 (10,522 ) 16,403 Total shareholders’ equity 9,967 20,886 16,386 (37,272 ) 9,967 Total liabilities and shareholders’ equity $ 23,251 $ 27,177 $ 23,736 $ (47,794 ) $ 26,370 Condensed Consolidating Statement of Operations For the three months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 3,304 $ 4,041 $ (3,111 ) $ 4,234 Cost of revenue — 2,881 3,643 (3,225 ) 3,299 Gross profit — 423 398 114 935 Operating expenses: Research and development — 362 216 — 578 Selling, general and administrative — 196 102 — 298 Intercompany operating expense (income) 4 (397 ) 393 — — Employee termination, asset impairment, and other charges — (5 ) 14 — 9 Total operating expenses 4 156 725 — 885 Operating income (loss) (4 ) 267 (327 ) 114 50 Interest and other income (expense): Interest income — 16 5 (13 ) 8 Interest expense (118 ) — — 13 (105 ) Other income, net — — 7 — 7 Total interest and other income (expense), net (118 ) 16 12 — (90 ) Income (loss) before taxes (122 ) 283 (315 ) 114 (40 ) Equity in earnings from subsidiaries (42 ) (384 ) — 426 — Income tax expense (benefit) (25 ) 55 69 — 99 Net loss $ (139 ) $ (156 ) $ (384 ) $ 540 $ (139 ) Condensed Consolidating Statement of Operations For the six months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 6,665 $ 8,025 $ (6,416 ) $ 8,274 Cost of revenue — 5,833 7,333 (6,585 ) 6,581 Gross profit — 832 692 169 1,693 Operating expenses: Research and development — 726 426 — 1,152 Selling, general and administrative 1 399 203 — 603 Intercompany operating expense (income) 7 (822 ) 815 — — Employee termination, asset impairment, and other charges — (5 ) 22 — 17 Total operating expenses 8 298 1,466 — 1,772 Operating income (loss) (8 ) 534 (774 ) 169 (79 ) Interest and other income (expense): Interest income — 28 15 (23 ) 20 Interest expense (249 ) — (1 ) 23 (227 ) Other income, net — — 9 — 9 Total interest and other income (expense), net (249 ) 28 23 — (198 ) Income (loss) before taxes (257 ) 562 (751 ) 169 (277 ) Equity in earnings from subsidiaries (206 ) (844 ) — 1,050 — Income tax expense (benefit) (48 ) 94 92 — 138 Net loss $ (415 ) $ (376 ) $ (843 ) $ 1,219 $ (415 ) Condensed Consolidating Statement of Operations For the three months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 3,392 $ 4,857 $ (4,016 ) $ 4,233 Cost of revenue — 2,942 4,215 (3,968 ) 3,189 Gross profit — 450 642 (48 ) 1,044 Operating expenses: Research and development — 334 205 — 539 Selling, general and administrative — 214 95 — 309 Intercompany operating expense (income) — (347 ) 347 — — Employee termination, asset impairment, and other charges — 6 14 — 20 Total operating expenses — 207 661 — 868 Operating income (loss) — 243 (19 ) (48 ) 176 Interest and other income (expense): Interest income 2 4 12 (3 ) 15 Interest expense (118 ) (2 ) (1 ) 3 (118 ) Other income (expense), net — (2 ) 8 2 8 Total interest and other income (expense), net (116 ) — 19 2 (95 ) Income (loss) before taxes (116 ) 243 — (46 ) 81 Equity in earnings from subsidiaries (468 ) (133 ) — 601 — Income tax expense (benefit) (97 ) 532 133 — 568 Net loss $ (487 ) $ (422 ) $ (133 ) $ 555 $ (487 ) Condensed Consolidating Statement of Operations For the six months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 6,877 $ 9,853 $ (7,469 ) $ 9,261 Cost of revenue — 5,947 8,039 (7,433 ) 6,553 Gross profit — 930 1,814 (36 ) 2,708 Operating expenses: Research and development — 697 418 — 1,115 Selling, general and administrative 1 465 199 — 665 Intercompany operating expense (income) — (754 ) 754 — — Employee termination, asset impairment, and other charges — 38 28 — 66 Total operating expenses 1 446 1,399 — 1,846 Operating income (loss) (1 ) 484 415 (36 ) 862 Interest and other income (expense): Interest income 10 7 24 (11 ) 30 Interest expense (234 ) (8 ) (3 ) 11 (234 ) Other income (expense), net 1 (2 ) 7 — 6 Total interest and other income (expense), net (223 ) (3 ) 28 — (198 ) Income (loss) before taxes (224 ) 481 443 (36 ) 664 Equity in earnings from subsidiaries 7 212 — (219 ) — Income tax expense (benefit) (241 ) 650 231 — 640 Net income $ 24 $ 43 $ 212 $ (255 ) $ 24 Condensed Consolidating Statement of Comprehensive Income (Loss) For the three months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net loss $ (139 ) $ (156 ) $ (384 ) $ 540 $ (139 ) Other comprehensive loss, before tax: Actuarial pension gain 2 2 2 (4 ) 2 Foreign currency translation adjustment (15 ) (13 ) (13 ) 26 (15 ) Net unrealized loss, on derivative contracts and available-for-sale securities (6 ) (26 ) (14 ) 40 (6 ) Total other comprehensive loss, before tax (19 ) (37 ) (25 ) 62 (19 ) Income tax benefit (expense) related to items of other comprehensive loss (1 ) 4 1 (5 ) (1 ) Other comprehensive loss, net of tax (20 ) (33 ) (24 ) 57 (20 ) Total comprehensive loss $ (159 ) $ (189 ) $ (408 ) $ 597 $ (159 ) Condensed Consolidating Statement of Comprehensive Income (Loss) For the six months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net loss $ (415 ) $ (376 ) $ (843 ) $ 1,219 $ (415 ) Other comprehensive loss, before tax: Actuarial pension gain 3 3 3 (6 ) 3 Foreign currency translation adjustment (10 ) (8 ) (8 ) 16 (10 ) Net unrealized loss, on derivative contracts and available-for-sale securities (39 ) (34 ) (23 ) 57 (39 ) Total other comprehensive loss, before tax (46 ) (39 ) (28 ) 67 (46 ) Income tax benefit (expense) related to items of other comprehensive loss 4 3 — (3 ) 4 Other comprehensive loss, net of tax (42 ) (36 ) (28 ) 64 (42 ) Total comprehensive loss $ (457 ) $ (412 ) $ (871 ) $ 1,283 $ (457 ) Condensed Consolidating Statement of Comprehensive Income (Loss) For the three months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net income $ (487 ) $ (422 ) $ (133 ) $ 555 $ (487 ) Other comprehensive income, before tax: Actuarial pension gain 1 1 1 (2 ) 1 Foreign currency translation adjustment 31 32 32 (64 ) 31 Net unrealized gain, on derivative contracts and available-for-sale securities 7 30 30 (60 ) 7 Total other comprehensive income, before tax 39 63 63 (126 ) 39 Income tax benefit (expense) related to items of other comprehensive income 3 (2 ) (2 ) 3 2 Other comprehensive income, net of tax 42 61 61 (123 ) 41 Total comprehensive loss $ (445 ) $ (361 ) $ (72 ) $ 432 $ (446 ) Condensed Consolidating Statement of Comprehensive Income (Loss) For the six months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net income $ 24 $ 43 $ 212 $ (255 ) $ 24 Other comprehensive income, before tax: Actuarial pension gain 1 1 1 (2 ) 1 Foreign currency translation adjustment (6 ) (2 ) (2 ) 4 (6 ) Net unrealized gain, on derivative contracts and available-for-sale securities 6 22 20 (42 ) 6 Total other comprehensive income, before tax 1 21 19 (40 ) 1 Income tax benefit (expense) related to items of other comprehensive income 4 (2 ) (1 ) 2 3 Other comprehensive income, net of tax 5 19 18 (38 ) 4 Total comprehensive income $ 29 $ 62 $ 230 $ (293 ) $ 28 Condensed Consolidating Statement of Cash Flows For the six months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Cash flows from operating activities Net cash provided by (used in) operating activities $ (24 ) $ 499 $ (125 ) $ 160 $ 510 Cash flows from investing activities Purchases of property, plant and equipment — (84 ) (221 ) — (305 ) Acquisitions, net of cash acquired — (2 ) (20 ) — (22 ) Notes receivable issuances to Flash Ventures — — (224 ) — (224 ) Notes receivable proceeds from Flash Ventures — — 690 — 690 Strategic investments and other, net — 6 15 — 21 Intercompany loan from (to) consolidated affiliates — (952 ) (208 ) 1,160 — Advances from (to) parent and consolidated affiliates (71 ) 71 — — — Net cash provided by (used in) investing activities (71 ) (961 ) 32 1,160 160 Cash flows from financing activities Issuance of stock under employee stock plans 72 — — — 72 Taxes paid on vested stock awards under employee stock plans (54 ) — — — (54 ) Dividends paid to shareholders (296 ) — — — (296 ) Repayment of debt (707 ) — — — (707 ) Intercompany loan from (to) consolidated affiliates 929 208 23 (1,160 ) — Change in investment in consolidated subsidiaries 154 55 (49 ) (160 ) — Net cash provided by (used in) financing activities 98 263 (26 ) (1,320 ) (985 ) Effect of exchange rate changes on cash — — (3 ) — (3 ) Net increase (decrease) in cash and cash equivalents 3 (199 ) (122 ) — (318 ) Cash and cash equivalents, beginning of year 8 985 2,462 — 3,455 Cash and cash equivalents, end of period $ 11 $ 786 $ 2,340 $ — $ 3,137 Condensed Consolidating Statement of Cash Flows For the six months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Cash flows from operating activities Net cash provided by (used in) operating activities $ 103 $ (819 ) $ 1,934 $ (44 ) $ 1,174 Cash flows from investing activities Purchases of property, plant and equipment — (129 ) (371 ) — (500 ) Proceeds from the sale of property, plant and equipment — — 3 — 3 Purchases of investments — (11 ) (22 ) — (33 ) Proceeds from sale of investments — — 13 — 13 Proceeds from maturities of investments — — 7 — 7 Notes receivable issuances to Flash Ventures — — (508 ) — (508 ) Notes receivable proceeds from Flash Ventures — — 312 — 312 Strategic investments and other, net — (1 ) (18 ) — (19 ) Intercompany loan from (to) consolidated affiliates 943 (370 ) — (573 ) — Advances from (to) parent and consolidated affiliates (215 ) 215 — — — Net cash provided by (used in) investing activities 728 (296 ) (584 ) (573 ) (725 ) Cash flows from financing activities Issuance of stock under employee stock plans 61 — — — 61 Taxes paid on vested stock awards under employee stock plans (69 ) — — — (69 ) Repurchases of common stock (563 ) — — — (563 ) Dividends paid to shareholders (292 ) — — — (292 ) Repayment of debt (75 ) — — — (75 ) Proceeds from (repayment of) revolving credit facility (500 ) — — — (500 ) Intercompany loan from (to) consolidated affiliates 370 (387 ) (556 ) 573 — Change in investment in consolidated subsidiaries 214 1,997 (2,255 ) 44 — Net cash provided by (used in) financing activities (854 ) 1,610 (2,811 ) 617 (1,438 ) Effect of exchange rate changes on cash — — (3 ) — (3 ) Net increase (decrease) in cash and cash equivalents (23 ) 495 (1,464 ) — (992 ) Cash and cash equivalents, beginning of year 40 668 4,297 — 5,005 Cash and cash equivalents, end of period $ 17 $ 1,163 $ 2,833 $ — $ 4,013

Organization and Basis of Pre_2

Organization and Basis of Presentation (Policies)	6 Months Ended
	Jan. 03, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Western Digital Corporation (“Western Digital” or “the Company”) is a leading developer, manufacturer, and provider of data storage devices and solutions that address the evolving needs of the information technology (“IT”) industry and the infrastructure that enables the proliferation of data in virtually every other industry. The Company creates environments for data to thrive. The Company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Everywhere data lives, from advanced data centers to mobile sensors to personal devices, the Company’s industry-leading solutions deliver the possibilities of data. The Company’s broad portfolio of technology and products address the following key end markets: Client Devices; Data Center Devices and Solutions; and Client Solutions. The Company also generates license and royalty revenue from its extensive intellectual property (“IP”), which is included in each of these three end market categories. The accounting policies followed by the Company are set forth in Part II, Item 8, Note 1, Organization and Basis of Presentation, of the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10‑K for the fiscal year ended June 28, 2019 . In the opinion of management, all adjustments necessary to fairly state the Condensed Consolidated Financial Statements have been made. All such adjustments are of a normal, recurring nature. Certain information and footnote disclosures normally included in the Consolidated Financial Statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). These Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and the notes thereto included in the Company’s Annual Report on Form 10‑K for the fiscal year ended June 28, 2019 . The results of operations for interim periods are not necessarily indicative of results to be expected for the full year.
Fiscal Year	Fiscal Year The Company’s fiscal year ends on the Friday nearest to June 30 and typically consists of 52 weeks. Approximately every five to six years, the Company reports a 53-week fiscal year to align the fiscal year with the foregoing policy. Fiscal year 2020 , which ends on July 3, 2020 , will be comprised of 53 weeks, with the first quarter consisting of 14 weeks and the remaining quarters consisting of 13 weeks each. Fiscal year 2019 , which ended on June 28, 2019 , was comprised of 52 weeks, with all quarters presented consisting of 13 weeks.
Use of Estimates	Use of Estimates Company management has made estimates and assumptions relating to the reporting of certain assets and liabilities in conformity with U.S. GAAP. These estimates and assumptions have been applied using methodologies that are consistent throughout the periods presented. However, actual results could differ materially from these estimates.
Accounting Pronouncements Recently Adopted	Accounting Pronouncements Recently Adopted In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”). ASU 2016-02 supersedes ASC 840 “Leases”. The amendments in this update require, among other things, that lessees recognize the following for all leases (unless a policy election is made by class of underlying asset to exclude short-term leases) at the commencement date: (1) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) a right-of-use asset, which is an asset that represents the lessee’s right to use, or the direct use of, a specified asset for the lease term. The FASB issued ASU 2018-11 on July 30, 2018, which allows entities to apply the provisions of ASC 842 at the effective date without adjusting comparative periods. The Company adopted this standard effective June 29, 2019, the first day of the fiscal year ending July 3, 2020, and has elected the transition method provided in ASU 2018-11 to apply Topic 842 as of the date of adoption without adjusting comparative periods. The Company has elected the package of practical expedients and did not reassess prior conclusions including (a) whether its contracts are or contain a lease, (b) lease classification and (c) capitalization of initial direct costs. The adoption of Topic 842 resulted in an increase in lease assets and a corresponding increase in lease liabilities on the Condensed Consolidated Balance Sheet of $221 million as of June 29, 2019. The cumulative effect of adopting Topic 842 also included an after-tax decrease to opening retained earnings of $5 million as of June 29, 2019, which was primarily related to previously recorded sublease proceed assumptions on lease exit liabilities for which there was no expected future economic benefit at transition. See Note 10, Leases and Other Commitments , for additional disclosures related to this standard. In October 2018, the FASB issued ASU No. 2018-16, “Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes” (“ASU 2018-16”). ASU 2018-16 allows for the use of the OIS rate based on the SOFR as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, Derivatives and Hedging. The Company adopted this standard in the first quarter of 2020. The Company’s adoption of ASU 2018-16 did not have a material impact on its Condensed Consolidated Financial Statements . Recently Issued Accounting Pronouncements Not Yet Adopted In November 2018, the FASB issued ASU No. 2018-18, “Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606” (“ASU 2018-18”). ASU 2018-18 clarifies that certain transactions between collaborative arrangement participants should be accounted for as revenue when the collaborative arrangement participant is a customer in the context of a unit of account and precludes recognizing as revenue consideration received from a collaborative arrangement participant if the participant is not a customer. This ASU requires retrospective adoption to the date the Company adopted ASC 606 by recognizing a cumulative-effect adjustment to the opening balance of retained earnings of the earliest annual period presented. The amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, which for the Company is the first quarter of fiscal 2021. The Company does not expect this update to have a material impact on its Condensed Consolidated Financial Statements . In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 seeks to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments, including trade receivables, and other commitments to extend credit held by a reporting entity at each reporting date. The amendments require an entity to replace the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects current expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, which for the Company is the first quarter of fiscal 2021. The Company is currently evaluating the impact this update will have on its Condensed Consolidated Financial Statements
Fair Value Measurements and Investments	Financial assets and liabilities that are remeasured and reported at fair value at each reporting period are classified and disclosed in one of the following three levels: Level 1. Quoted prices in active markets for identical assets or liabilities. Level 2. Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3. Inputs that are unobservable for the asset or liability and that are significant to the fair value of the assets or liabilities.

Revenues (Tables)

Revenues (Tables)	6 Months Ended
	Jan. 03, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The Company’s disaggregated revenue information is as follows: Three Months Ended Six Months Ended January 3, December 28, 2018 January 3, December 28, 2018 (in millions) Revenue by Product Hard disk drives (“HDD”) $ 2,396 $ 2,060 $ 4,804 $ 4,554 Flash-based 1,838 2,173 3,470 4,707 Total Revenue $ 4,234 $ 4,233 $ 8,274 $ 9,261 Revenue by End Market Client Devices $ 1,797 $ 2,214 $ 3,413 $ 4,864 Data Center Devices & Solutions 1,489 1,074 3,021 2,520 Client Solutions 948 945 1,840 1,877 Total Revenue $ 4,234 $ 4,233 $ 8,274 $ 9,261 Revenue by Geography Americas $ 1,296 $ 1,015 $ 2,609 $ 2,296 Europe, Middle East and Africa 811 817 1,590 1,701 Asia 2,127 2,401 4,075 5,264 Total Revenue $ 4,234 $ 4,233 $ 8,274 $ 9,261

Supplemental Financial Statem_2

Supplemental Financial Statement Data (Tables)	6 Months Ended
	Jan. 03, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Inventories	Inventories January 3, June 28, (in millions) Inventories: Raw materials and component parts $ 1,334 $ 1,142 Work-in-process 847 968 Finished goods 941 1,173 Total inventories $ 3,122 $ 3,283
Property, Plant and Equipment	Property, plant and equipment, net January 3, June 28, (in millions) Property, plant and equipment: Land $ 294 $ 294 Buildings and improvements 1,806 1,743 Machinery and equipment 7,171 7,267 Computer equipment and software 447 441 Furniture and fixtures 55 56 Construction-in-process 184 202 Property, plant and equipment, gross 9,957 10,003 Accumulated depreciation (7,235 ) (7,160 ) Property, plant and equipment, net $ 2,722 $ 2,843
Schedule of Goodwill	Goodwill Carrying Amount (in millions) Balance at June 28, 2019 $ 10,076 Goodwill recorded in connection with an acquisition 14 Reduction in goodwill in connection with disposition of business (20 ) Foreign currency translation adjustment (1 ) Balance at January 3, 2020 $ 10,069
Schedule of Intangible Assets	Intangible assets January 3, June 28, (in millions) Finite-lived intangible assets $ 5,798 $ 5,824 In-process research and development 80 72 Accumulated amortization (4,567 ) (4,185 ) Intangible assets, net $ 1,311 $ 1,711
Schedule of Product Warranty Liability	Product warranty liability Changes in the warranty accrual were as follows: Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions) Warranty accrual, beginning of period $ 357 $ 323 $ 350 $ 318 Charges to operations 50 47 99 81 Utilization (35 ) (42 ) (83 ) (68 ) Changes in estimate related to pre-existing warranties 6 9 12 6 Warranty accrual, end of period $ 378 $ 337 $ 378 $ 337 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: January 3, June 28, (in millions) Warranty accrual Current portion (included in Accrued expenses) $ 193 $ 188 Long-term portion (included in Other liabilities) 185 162 Total warranty accrual $ 378 $ 350
Schedule of Other Noncurrent Liabilities	Other liabilities January 3, June 28, (in millions) Other liabilities: Non-current net tax payable $ 839 $ 928 Payables related to unrecognized tax benefits 708 699 Other non-current liabilities 905 713 Total other liabilities $ 2,452 $ 2,340
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table illustrates the changes in the balances of each component of Accumulated other comprehensive income (loss) (“AOCI”): Actuarial Pension Gains (Losses) Foreign Currency Translation Adjustment Unrealized Gains (Losses) on Derivative Contracts Total Accumulated Comprehensive Income (Loss) (in millions) Balance at June 28, 2019 $ (53 ) $ 4 $ (19 ) $ (68 ) Other comprehensive income (loss) before reclassifications 3 (10 ) (20 ) (27 ) Amounts reclassified from accumulated other comprehensive income (loss) — — (19 ) (19 ) Income tax benefit (expense) related to items of other comprehensive income (loss) (1 ) 1 4 4 Net current-period other comprehensive income (loss) 2 (9 ) (35 ) (42 ) Balance at January 3, 2020 $ (51 ) $ (5 ) $ (54 ) $ (110 )

Fair Value Measurements and I_2

Fair Value Measurements and Investments (Tables)	6 Months Ended
	Jan. 03, 2020
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of January 3, 2020 and June 28, 2019 , and indicate the fair value hierarchy of the valuation techniques utilized to determine such values: January 3, 2020 Level 1 Level 2 Level 3 Total (in millions) Assets: Cash equivalents - Money market funds $ 1,051 $ — $ — $ 1,051 Foreign exchange contracts — 31 — 31 Total assets at fair value $ 1,051 $ 31 $ — $ 1,082 Liabilities: Foreign exchange contracts $ — $ 14 $ — $ 14 Interest rate swap contract — 69 — 69 Total liabilities at fair value $ — $ 83 $ — $ 83 June 28, 2019 Level 1 Level 2 Level 3 Total (in millions) Assets: Cash equivalents: Money market funds $ 1,388 $ — $ — $ 1,388 Certificates of deposit — 17 — 17 Total cash equivalents 1,388 17 — 1,405 Foreign exchange contracts — 44 — 44 Interest rate swap contracts — 2 — 2 Total assets at fair value $ 1,388 $ 63 $ — $ 1,451 Liabilities: Foreign exchange contracts $ — $ 40 $ — $ 40 Interest rate swap contract — 65 — 65 Total liabilities at fair value $ — $ 105 $ — $ 105
Related Costs And Fair Values Based On Quoted Market Prices	For financial instruments where the carrying value (which includes principal adjusted for any unamortized issuance costs, and discounts or premiums) differs from fair value (which is based on quoted market prices), the following table represents the related carrying value and fair value for each of the Company’s outstanding financial instruments. Each of the financial instruments presented below was categorized as Level 2 for all periods presented, based on the frequency of trading immediately prior to the end of the second quarter of 2020 and the fourth quarter of 2019 , respectively. January 3, 2020 June 28, 2019 Carrying Value Fair Value Carrying Fair (in millions) 0.50% convertible senior notes due 2020 $ 33 $ 33 $ 33 $ 31 Variable interest rate Term Loan A-1 maturing 2023 4,700 4,720 4,824 4,780 Variable interest rate U.S. Term Loan B-4 maturing 2023 1,843 1,857 2,424 2,370 1.50% convertible notes due 2024 973 1,085 958 986 4.75% senior unsecured notes due 2026 2,284 2,419 2,283 2,263 Total $ 9,833 $ 10,115 $ 10,522 $ 10,430

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jan. 03, 2020
Debt Disclosure [Abstract]
Schedule of Debt	Debt consisted of the following as of January 3, 2020 and June 28, 2019 : January 3, June 28, (in millions) 0.50% convertible senior notes due 2020 $ 35 $ 35 Variable interest rate Term Loan A-1 maturing 2023 4,708 4,834 Variable interest rate U.S. Term Loan B-4 maturing 2023 1,843 2,425 1.50% convertible notes due 2024 1,100 1,100 4.75% senior unsecured notes due 2026 2,300 2,300 Total debt 9,986 10,694 Issuance costs and debt discounts (153 ) (172 ) Subtotal 9,833 10,522 Less current portion of long-term debt (286 ) (276 ) Long-term debt $ 9,547 $ 10,246

Pensions and Other Post-retir_2

Pensions and Other Post-retirement Benefit Plans (Tables)	6 Months Ended
	Jan. 03, 2020
Retirement Benefits [Abstract]
Obligations and Funded Status	The following table presents the unfunded status of the benefit obligations for the Japanese Plan: January 3, June 28, (in millions) Benefit obligation at end of period $ 278 $ 280 Fair value of plan assets at end of period 210 208 Unfunded status $ 68 $ 72
Unfunded Amounts Recognized on Consolidated Balance Sheets	The following table presents the unfunded amounts related to the Japanese Plan as recognized on the Company’s Condensed Consolidated Balance Sheets : January 3, June 28, (in millions) Current liabilities $ 1 $ 1 Non-current liabilities 67 71 Net amount recognized $ 68 $ 72

Related Parties and Related C_2

Related Parties and Related Commitments and Contingencies (Tables)	6 Months Ended
	Jan. 03, 2020
Commitments and Contingencies Disclosure [Abstract]
Notes Receivable and Investments in Related Parties	The following table presents the notes receivable from, and equity investments in, Flash Ventures as of January 3, 2020 and June 28, 2019 : January 3, June 28, (in millions) Notes receivable, Flash Partners $ 412 $ 551 Notes receivable, Flash Alliance 625 878 Notes receivable, Flash Forward 663 743 Investment in Flash Partners 200 200 Investment in Flash Alliance 297 296 Investment in Flash Forward 124 123 Total notes receivable and investments in Flash Ventures $ 2,321 $ 2,791
Variable Interest Entity Maximum Loss Exposure	The Company’s maximum reasonably estimable loss exposure (excluding lost profits) as a result of its involvement with Flash Ventures, based upon the Japanese yen to U.S. dollar exchange rate at January 3, 2020 , is presented below. Investments in Flash Ventures are denominated in Japanese yen, and the maximum estimable loss exposure excludes any cumulative translation adjustment due to revaluation from the Japanese yen to the U.S. dollar. January 3, Notes receivable $ 1,700 Equity investments 621 Operating lease guarantees 1,746 Inventory and prepayments 462 Maximum estimable loss exposure $ 4,529
Schedule of Guarantor Obligations	The following table presents the Company’s portion of the remaining guarantee obligations under the Flash Ventures’ lease facilities in both Japanese yen and U.S. dollar-equivalent, based upon the Japanese yen to U.S. dollar exchange rate as of January 3, 2020 . Lease Amounts (Japanese yen, in billions) (U.S. dollar, in millions) Total guarantee obligations ¥ 189 $ 1,746
Remaining Guarantee Obligations	The following table details the breakdown of the Company’s remaining guarantee obligations between the principal amortization and the purchase option exercise price at the end of the term of the Flash Ventures lease agreements, in annual installments as of January 3, 2020 in U.S. dollars, based upon the Japanese yen to U.S. dollar exchange rate as of January 3, 2020 : Annual Installments Payment of Principal Amortization Purchase Option Exercise Price at Final Lease Terms Guarantee Amount (in millions) Remaining six months of 2020 $ 239 $ 35 $ 274 2021 406 108 514 2022 323 49 372 2023 215 67 282 2024 98 120 218 Thereafter 12 74 86 Total guarantee obligations $ 1,293 $ 453 $ 1,746

Leases and Other Commitments (T

Leases and Other Commitments (Tables)	6 Months Ended
	Jan. 03, 2020
Leases [Abstract]
Supplemental Balance Sheet Disclosures	The following table summarizes supplemental balance sheet information related to operating leases as of January 3, 2020 : Lease Amounts Minimum lease payments by fiscal year: (in millions) Remaining six months of 2020 $ 26 2021 45 2022 30 2023 25 2024 27 Thereafter 168 Total future minimum lease payments 321 Less: Imputed Interest (63 ) Present value of lease liabilities 258 Less: Current portion (included in Accrued expenses) 41 Long-term operating lease liabilities (included in Other liabilities) $ 217 Operating lease right-of-use assets (included in Other non-current assets) $ 242 Weighted average remaining lease term in years 9.4 Weighted average discount rate 4.2 %
Supplemental Cash Flow Disclosures	The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases for the three and six months ended January 3, 2020 : Three Months Ended Six Months Ended January 3, January 3, (in millions) Cost of operating leases $ 18 $ 30 Cash paid for operating leases 13 29 Operating lease assets obtained in exchange for operating lease liabilities 1 50
Long-term Purchase Agreements	As of January 3, 2020 , the Company had the following minimum long-term commitments: Long-term commitments (in millions) Fiscal year: Remaining six months of 2020 $ 123 2021 304 2022 390 2023 407 2024 180 Thereafter 338 Total $ 1,742

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jan. 03, 2020
Share-based Payment Arrangement [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	The following tables present the Company’s stock-based compensation for equity-settled awards by type and financial statement line as well as the related tax benefit included in the Company’s Condensed Consolidated Statements of Operations : Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions) Options $ 2 $ 4 $ 4 $ 9 Restricted and performance stock units 70 70 136 137 Employee stock purchase plan 5 5 14 12 Total $ 77 $ 79 $ 154 $ 158 Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions) Cost of revenue $ 13 $ 13 $ 25 $ 24 Research and development 41 42 82 81 Selling, general and administrative 23 24 47 53 Subtotal 77 79 154 158 Tax benefit (11 ) (14 ) (23 ) (25 ) Total $ 66 $ 65 $ 131 $ 133
Employee Service Share-based Compensation , Unrecognized Costs	The following table presents the unamortized compensation cost and weighted average service period of all unvested outstanding awards as of January 3, 2020 : Unamortized Compensation Costs Weighted Average Service Period (in millions) (years) Options $ 3 0.6 RSUs and PSUs (1) 640 2.7 ESPP 50 1.4 Total unamortized compensation cost $ 693 (1) Weighted average service period assumes the performance metrics are met for the PSUs.
Stock Option Activity	The following table summarizes stock option activity under the Company’s incentive plans: Number of Shares Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Aggregate Intrinsic Value (in millions) (in years) (in millions) Options outstanding at June 28, 2019 3.9 $ 65.72 Exercised (0.6 ) 43.48 $ 8 Canceled or expired (0.3 ) 93.23 Options outstanding at January 3, 2020 3.0 67.85 2.6 $ 28 Exercisable at January 3, 2020 2.7 70.60 2.5 $ 22
Restricted Stock Unit	The following table summarizes RSU and PSU activity under the Company’s incentive plans: Number of Shares Weighted Average Grant Date Fair Value Aggregate Intrinsic Value at Vest Date (in millions) (in millions) RSUs and PSUs outstanding at June 28, 2019 11.6 $ 62.07 Granted 5.8 58.13 Vested (3.3 ) 63.15 $ 186 Forfeited (0.8 ) 63.37 RSUs and PSUs outstanding at January 3, 2020 13.3 60.88

Income Tax Expense (Tables)

Income Tax Expense (Tables)	6 Months Ended
	Jan. 03, 2020
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The following table presents the Company’s Income tax expense and the effective tax rate: Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, (in millions) Income (loss) before taxes $ (40 ) $ 81 $ (277 ) $ 664 Income tax expense 99 568 138 640 Effective tax rate (248 )% 701 % (50 )% 96 %

Net Income (Loss) Per Common _2

Net Income (Loss) Per Common Share (Tables)	6 Months Ended
	Jan. 03, 2020
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 Six Months Ended January 3, December 28, January 3, December 28, 2018 (in millions, except per share data) Net income (loss) $ (139 ) $ (487 ) $ (415 ) $ 24 Weighted average shares outstanding: Basic 298 290 297 291 Employee stock options, RSUs, PSUs and ESPP — — — 5 Diluted 298 290 297 296 Income (loss) per common share Basic $ (0.47 ) $ (1.68 ) $ (1.40 ) $ 0.08 Diluted $ (0.47 ) $ (1.68 ) $ (1.40 ) $ 0.08 Anti-dilutive potential common shares excluded 15 19 15 8

Employee Termination, Asset I_2

Employee Termination, Asset Impairment and Other Charges (Tables)	6 Months Ended
	Jan. 03, 2020
Postemployment Benefits [Abstract]
Schedule of Restructuring Reserve by Type of Cost	The Company recorded the following charges related to employee terminations benefits, asset impairment, and other charges: Three Months Ended Six Months Ended January 3, December 28, January 3, December 28, (in millions) Employee termination and other charges: Closure of Foreign Manufacturing Facilities $ — $ 7 $ 4 $ 11 Business Realignment 26 13 30 55 Total employee termination and other charges 26 20 34 66 Gain on disposition of assets: Business Realignment (17 ) — (17 ) — Total gain on disposition of assets (17 ) — (17 ) — Total employee termination, asset impairment, and other charges $ 9 $ 20 $ 17 $ 66 The following table presents an analysis of the components of the restructuring charges, payments and adjustments made against the reserve during the six months ended January 3, 2020 : Employee Termination Benefits Contract Termination and Other Total (in millions) Accrual balance at June 28, 2019 $ 30 $ 2 $ 32 Charges 2 2 4 Cash payments (21 ) (4 ) (25 ) Accrual balance at January 3, 2020 $ 11 $ — $ 11 The following table presents an analysis of the components of the activity against the reserve during the six months ended January 3, 2020 : Employee Termination Benefits Contract Termination and Other Total (in millions) Accrual balance at June 28, 2019 $ 37 $ 8 $ 45 Charges 26 4 30 Cash payments (35 ) (11 ) (46 ) Accrual balance at January 3, 2020 $ 28 $ 1 $ 29

Separate Financial Informatio_2

Separate Financial Information of Guarantor Subsidiaries (Tables)	6 Months Ended
	Jan. 03, 2020
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheet	Condensed Consolidating Balance Sheet As of January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) ASSETS Current assets: Cash and cash equivalents $ 11 $ 786 $ 2,340 $ — $ 3,137 Accounts receivable, net — 1,172 619 — 1,791 Intercompany receivables 2,617 7,840 2,839 (13,296 ) — Inventories — 716 2,472 (66 ) 3,122 Loans due from consolidated affiliates — — 258 (258 ) — Other current assets — 364 213 — 577 Total current assets 2,628 10,878 8,741 (13,620 ) 8,627 Property, plant and equipment, net — 820 1,902 — 2,722 Notes receivable and investments in Flash Ventures — — 2,321 — 2,321 Goodwill — 374 9,695 — 10,069 Other intangible assets, net — 10 1,301 — 1,311 Investments in consolidated subsidiaries 20,637 15,471 — (36,108 ) — Loans due from consolidated affiliates — 1,626 — (1,626 ) — Other non-current assets 56 255 499 — 810 Total assets $ 23,321 $ 29,434 $ 24,459 $ (51,354 ) $ 25,860 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ — $ 153 $ 1,583 $ — $ 1,736 Accounts payable to related parties — 364 — — 364 Intercompany payables 2,285 4,953 6,058 (13,296 ) — Accrued expenses 206 837 516 — 1,559 Accrued compensation — 356 181 — 537 Loans due to consolidated affiliates — 258 — (258 ) — Current portion of long-term debt 251 — 35 — 286 Total current liabilities 2,742 6,921 8,373 (13,554 ) 4,482 Long-term debt 9,547 — — — 9,547 Loans due to consolidated affiliates 1,603 — 23 (1,626 ) — Other liabilities 50 1,843 559 — 2,452 Total liabilities 13,942 8,764 8,955 (15,180 ) 16,481 Total shareholders’ equity 9,379 20,670 15,504 (36,174 ) 9,379 Total liabilities and shareholders’ equity $ 23,321 $ 29,434 $ 24,459 $ (51,354 ) $ 25,860 Condensed Consolidating Balance Sheet As of June 28, 2019 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) ASSETS Current assets: Cash and cash equivalents $ 8 $ 985 $ 2,462 $ — $ 3,455 Accounts receivable, net — 779 425 — 1,204 Intercompany receivables 2,409 5,808 1,581 (9,798 ) — Inventories — 990 2,438 (145 ) 3,283 Loans due from consolidated affiliates — — 50 (50 ) — Other current assets 2 251 282 — 535 Total current assets 2,419 8,813 7,238 (9,993 ) 8,477 Property, plant and equipment, net — 873 1,970 — 2,843 Notes receivable and investments in Flash Ventures — — 2,791 — 2,791 Goodwill — 388 9,688 — 10,076 Other intangible assets, net — 23 1,688 — 1,711 Investments in consolidated subsidiaries 20,772 16,355 — (37,127 ) — Loans due from consolidated affiliates — 674 — (674 ) — Other non-current assets 60 51 361 — 472 Total assets $ 23,251 $ 27,177 $ 23,736 $ (47,794 ) $ 26,370 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ — $ 195 $ 1,372 $ — $ 1,567 Accounts payable to related parties — — 331 — 331 Intercompany payables 1,871 3,515 4,412 (9,798 ) — Accrued expenses 195 522 579 — 1,296 Accrued compensation — 214 133 — 347 Loans due to consolidated affiliates — 50 — (50 ) — Current portion of long-term debt 276 — — — 276 Total current liabilities 2,342 4,496 6,827 (9,848 ) 3,817 Long-term debt 10,213 — 33 — 10,246 Loans due to consolidated affiliates 674 — — (674 ) — Other liabilities 55 1,795 490 — 2,340 Total liabilities 13,284 6,291 7,350 (10,522 ) 16,403 Total shareholders’ equity 9,967 20,886 16,386 (37,272 ) 9,967 Total liabilities and shareholders’ equity $ 23,251 $ 27,177 $ 23,736 $ (47,794 ) $ 26,370
Condensed Income Statement	Condensed Consolidating Statement of Operations For the three months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 3,304 $ 4,041 $ (3,111 ) $ 4,234 Cost of revenue — 2,881 3,643 (3,225 ) 3,299 Gross profit — 423 398 114 935 Operating expenses: Research and development — 362 216 — 578 Selling, general and administrative — 196 102 — 298 Intercompany operating expense (income) 4 (397 ) 393 — — Employee termination, asset impairment, and other charges — (5 ) 14 — 9 Total operating expenses 4 156 725 — 885 Operating income (loss) (4 ) 267 (327 ) 114 50 Interest and other income (expense): Interest income — 16 5 (13 ) 8 Interest expense (118 ) — — 13 (105 ) Other income, net — — 7 — 7 Total interest and other income (expense), net (118 ) 16 12 — (90 ) Income (loss) before taxes (122 ) 283 (315 ) 114 (40 ) Equity in earnings from subsidiaries (42 ) (384 ) — 426 — Income tax expense (benefit) (25 ) 55 69 — 99 Net loss $ (139 ) $ (156 ) $ (384 ) $ 540 $ (139 ) Condensed Consolidating Statement of Operations For the six months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 6,665 $ 8,025 $ (6,416 ) $ 8,274 Cost of revenue — 5,833 7,333 (6,585 ) 6,581 Gross profit — 832 692 169 1,693 Operating expenses: Research and development — 726 426 — 1,152 Selling, general and administrative 1 399 203 — 603 Intercompany operating expense (income) 7 (822 ) 815 — — Employee termination, asset impairment, and other charges — (5 ) 22 — 17 Total operating expenses 8 298 1,466 — 1,772 Operating income (loss) (8 ) 534 (774 ) 169 (79 ) Interest and other income (expense): Interest income — 28 15 (23 ) 20 Interest expense (249 ) — (1 ) 23 (227 ) Other income, net — — 9 — 9 Total interest and other income (expense), net (249 ) 28 23 — (198 ) Income (loss) before taxes (257 ) 562 (751 ) 169 (277 ) Equity in earnings from subsidiaries (206 ) (844 ) — 1,050 — Income tax expense (benefit) (48 ) 94 92 — 138 Net loss $ (415 ) $ (376 ) $ (843 ) $ 1,219 $ (415 ) Condensed Consolidating Statement of Operations For the three months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 3,392 $ 4,857 $ (4,016 ) $ 4,233 Cost of revenue — 2,942 4,215 (3,968 ) 3,189 Gross profit — 450 642 (48 ) 1,044 Operating expenses: Research and development — 334 205 — 539 Selling, general and administrative — 214 95 — 309 Intercompany operating expense (income) — (347 ) 347 — — Employee termination, asset impairment, and other charges — 6 14 — 20 Total operating expenses — 207 661 — 868 Operating income (loss) — 243 (19 ) (48 ) 176 Interest and other income (expense): Interest income 2 4 12 (3 ) 15 Interest expense (118 ) (2 ) (1 ) 3 (118 ) Other income (expense), net — (2 ) 8 2 8 Total interest and other income (expense), net (116 ) — 19 2 (95 ) Income (loss) before taxes (116 ) 243 — (46 ) 81 Equity in earnings from subsidiaries (468 ) (133 ) — 601 — Income tax expense (benefit) (97 ) 532 133 — 568 Net loss $ (487 ) $ (422 ) $ (133 ) $ 555 $ (487 ) Condensed Consolidating Statement of Operations For the six months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Revenue, net $ — $ 6,877 $ 9,853 $ (7,469 ) $ 9,261 Cost of revenue — 5,947 8,039 (7,433 ) 6,553 Gross profit — 930 1,814 (36 ) 2,708 Operating expenses: Research and development — 697 418 — 1,115 Selling, general and administrative 1 465 199 — 665 Intercompany operating expense (income) — (754 ) 754 — — Employee termination, asset impairment, and other charges — 38 28 — 66 Total operating expenses 1 446 1,399 — 1,846 Operating income (loss) (1 ) 484 415 (36 ) 862 Interest and other income (expense): Interest income 10 7 24 (11 ) 30 Interest expense (234 ) (8 ) (3 ) 11 (234 ) Other income (expense), net 1 (2 ) 7 — 6 Total interest and other income (expense), net (223 ) (3 ) 28 — (198 ) Income (loss) before taxes (224 ) 481 443 (36 ) 664 Equity in earnings from subsidiaries 7 212 — (219 ) — Income tax expense (benefit) (241 ) 650 231 — 640 Net income $ 24 $ 43 $ 212 $ (255 ) $ 24
Condensed Statement of Comprehensive Income	Condensed Consolidating Statement of Comprehensive Income (Loss) For the three months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net loss $ (139 ) $ (156 ) $ (384 ) $ 540 $ (139 ) Other comprehensive loss, before tax: Actuarial pension gain 2 2 2 (4 ) 2 Foreign currency translation adjustment (15 ) (13 ) (13 ) 26 (15 ) Net unrealized loss, on derivative contracts and available-for-sale securities (6 ) (26 ) (14 ) 40 (6 ) Total other comprehensive loss, before tax (19 ) (37 ) (25 ) 62 (19 ) Income tax benefit (expense) related to items of other comprehensive loss (1 ) 4 1 (5 ) (1 ) Other comprehensive loss, net of tax (20 ) (33 ) (24 ) 57 (20 ) Total comprehensive loss $ (159 ) $ (189 ) $ (408 ) $ 597 $ (159 ) Condensed Consolidating Statement of Comprehensive Income (Loss) For the six months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net loss $ (415 ) $ (376 ) $ (843 ) $ 1,219 $ (415 ) Other comprehensive loss, before tax: Actuarial pension gain 3 3 3 (6 ) 3 Foreign currency translation adjustment (10 ) (8 ) (8 ) 16 (10 ) Net unrealized loss, on derivative contracts and available-for-sale securities (39 ) (34 ) (23 ) 57 (39 ) Total other comprehensive loss, before tax (46 ) (39 ) (28 ) 67 (46 ) Income tax benefit (expense) related to items of other comprehensive loss 4 3 — (3 ) 4 Other comprehensive loss, net of tax (42 ) (36 ) (28 ) 64 (42 ) Total comprehensive loss $ (457 ) $ (412 ) $ (871 ) $ 1,283 $ (457 ) Condensed Consolidating Statement of Comprehensive Income (Loss) For the three months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net income $ (487 ) $ (422 ) $ (133 ) $ 555 $ (487 ) Other comprehensive income, before tax: Actuarial pension gain 1 1 1 (2 ) 1 Foreign currency translation adjustment 31 32 32 (64 ) 31 Net unrealized gain, on derivative contracts and available-for-sale securities 7 30 30 (60 ) 7 Total other comprehensive income, before tax 39 63 63 (126 ) 39 Income tax benefit (expense) related to items of other comprehensive income 3 (2 ) (2 ) 3 2 Other comprehensive income, net of tax 42 61 61 (123 ) 41 Total comprehensive loss $ (445 ) $ (361 ) $ (72 ) $ 432 $ (446 ) Condensed Consolidating Statement of Comprehensive Income (Loss) For the six months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Net income $ 24 $ 43 $ 212 $ (255 ) $ 24 Other comprehensive income, before tax: Actuarial pension gain 1 1 1 (2 ) 1 Foreign currency translation adjustment (6 ) (2 ) (2 ) 4 (6 ) Net unrealized gain, on derivative contracts and available-for-sale securities 6 22 20 (42 ) 6 Total other comprehensive income, before tax 1 21 19 (40 ) 1 Income tax benefit (expense) related to items of other comprehensive income 4 (2 ) (1 ) 2 3 Other comprehensive income, net of tax 5 19 18 (38 ) 4 Total comprehensive income $ 29 $ 62 $ 230 $ (293 ) $ 28
Condensed Cash Flow Statement	Condensed Consolidating Statement of Cash Flows For the six months ended January 3, 2020 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Cash flows from operating activities Net cash provided by (used in) operating activities $ (24 ) $ 499 $ (125 ) $ 160 $ 510 Cash flows from investing activities Purchases of property, plant and equipment — (84 ) (221 ) — (305 ) Acquisitions, net of cash acquired — (2 ) (20 ) — (22 ) Notes receivable issuances to Flash Ventures — — (224 ) — (224 ) Notes receivable proceeds from Flash Ventures — — 690 — 690 Strategic investments and other, net — 6 15 — 21 Intercompany loan from (to) consolidated affiliates — (952 ) (208 ) 1,160 — Advances from (to) parent and consolidated affiliates (71 ) 71 — — — Net cash provided by (used in) investing activities (71 ) (961 ) 32 1,160 160 Cash flows from financing activities Issuance of stock under employee stock plans 72 — — — 72 Taxes paid on vested stock awards under employee stock plans (54 ) — — — (54 ) Dividends paid to shareholders (296 ) — — — (296 ) Repayment of debt (707 ) — — — (707 ) Intercompany loan from (to) consolidated affiliates 929 208 23 (1,160 ) — Change in investment in consolidated subsidiaries 154 55 (49 ) (160 ) — Net cash provided by (used in) financing activities 98 263 (26 ) (1,320 ) (985 ) Effect of exchange rate changes on cash — — (3 ) — (3 ) Net increase (decrease) in cash and cash equivalents 3 (199 ) (122 ) — (318 ) Cash and cash equivalents, beginning of year 8 985 2,462 — 3,455 Cash and cash equivalents, end of period $ 11 $ 786 $ 2,340 $ — $ 3,137 Condensed Consolidating Statement of Cash Flows For the six months ended December 28, 2018 Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Total (in millions) Cash flows from operating activities Net cash provided by (used in) operating activities $ 103 $ (819 ) $ 1,934 $ (44 ) $ 1,174 Cash flows from investing activities Purchases of property, plant and equipment — (129 ) (371 ) — (500 ) Proceeds from the sale of property, plant and equipment — — 3 — 3 Purchases of investments — (11 ) (22 ) — (33 ) Proceeds from sale of investments — — 13 — 13 Proceeds from maturities of investments — — 7 — 7 Notes receivable issuances to Flash Ventures — — (508 ) — (508 ) Notes receivable proceeds from Flash Ventures — — 312 — 312 Strategic investments and other, net — (1 ) (18 ) — (19 ) Intercompany loan from (to) consolidated affiliates 943 (370 ) — (573 ) — Advances from (to) parent and consolidated affiliates (215 ) 215 — — — Net cash provided by (used in) investing activities 728 (296 ) (584 ) (573 ) (725 ) Cash flows from financing activities Issuance of stock under employee stock plans 61 — — — 61 Taxes paid on vested stock awards under employee stock plans (69 ) — — — (69 ) Repurchases of common stock (563 ) — — — (563 ) Dividends paid to shareholders (292 ) — — — (292 ) Repayment of debt (75 ) — — — (75 ) Proceeds from (repayment of) revolving credit facility (500 ) — — — (500 ) Intercompany loan from (to) consolidated affiliates 370 (387 ) (556 ) 573 — Change in investment in consolidated subsidiaries 214 1,997 (2,255 ) 44 — Net cash provided by (used in) financing activities (854 ) 1,610 (2,811 ) 617 (1,438 ) Effect of exchange rate changes on cash — — (3 ) — (3 ) Net increase (decrease) in cash and cash equivalents (23 ) 495 (1,464 ) — (992 ) Cash and cash equivalents, beginning of year 40 668 4,297 — 5,005 Cash and cash equivalents, end of period $ 17 $ 1,163 $ 2,833 $ — $ 4,013

Recently Accounting Pronounce_2

Recently Accounting Pronouncements - Additional Information (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 29, 2019	Jun. 30, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in lease assets	$ 242
Increase in lease liabilities	$ 258
Increase (decrease) to opening retained earnings		$ (5)	$ 56
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase in lease assets		221
Increase in lease liabilities		$ 221

Revenues - Additional Informati

Revenues - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Concentration Risk [Line Items]
Revenue, remaining performance obligation, amount	$ 140		$ 140
Revenue from Contract with Customer | Customer Concentration Risk | Top Ten Customers
Concentration Risk [Line Items]
Concentration risk, percentage	44.00%	47.00%	43.00%	47.00%

Revenues - Revenue Remaining Pe

Revenues - Revenue Remaining Performance Obligation (Details) $ in Millions	Jan. 03, 2020USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 140
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-04
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 24
Revenue, remaining performance obligation period	6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-04
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 43
Revenue, remaining performance obligation period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-07-03
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 40
Revenue, remaining performance obligation period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-02
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 33
Revenue, remaining performance obligation period

Revenues - Disaggregation of Re

Revenues - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Disaggregation of Revenue [Line Items]
Revenue, net	$ 4,234	$ 4,233	$ 8,274	$ 9,261
Americas
Disaggregation of Revenue [Line Items]
Revenue, net	1,296	1,015	2,609	2,296
Europe, Middle East and Africa
Disaggregation of Revenue [Line Items]
Revenue, net	811	817	1,590	1,701
Asia
Disaggregation of Revenue [Line Items]
Revenue, net	2,127	2,401	4,075	5,264
Client Devices
Disaggregation of Revenue [Line Items]
Revenue, net	1,797	2,214	3,413	4,864
Data Center Devices & Solutions
Disaggregation of Revenue [Line Items]
Revenue, net	1,489	1,074	3,021	2,520
Client Solutions
Disaggregation of Revenue [Line Items]
Revenue, net	948	945	1,840	1,877
Hard disk drives (“HDD”)
Disaggregation of Revenue [Line Items]
Revenue, net	2,396	2,060	4,804	4,554
Flash-based
Disaggregation of Revenue [Line Items]
Revenue, net	$ 1,838	$ 2,173	$ 3,470	$ 4,707

Supplemental Financial Statem_3

Supplemental Financial Statement Data - Additional Information (Details) - USD ($) $ in Millions	Nov. 19, 2019	Sep. 10, 2019	Jan. 03, 2020	Dec. 28, 2018	Jun. 28, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds on sale of trade accounts receivable			$ 198	$ 370
Purchase price of acquisition		$ 22
Other intangible sssets			8
Goodwill recorded in connection with acquisitions			14
Factored Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Outstanding factored receivables			$ 113		$ 318
IntelliFlash | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Disposition of business	$ 28
Proceeds from sale of business, collection period	3 years
Gain on disposition of business	$ 17

Supplemental Financial Statem_4

Supplemental Financial Statement Data - Inventory (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Inventories:
Raw materials and component parts	$ 1,334	$ 1,142
Work-in-process	847	968
Finished goods	941	1,173
Total inventories	$ 3,122	$ 3,283

Supplemental Financial Statem_5

Supplemental Financial Statement Data - Property, Plant and Equipment (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Property, plant and equipment:
Property, plant and equipment, gross	$ 9,957	$ 10,003
Accumulated depreciation	(7,235)	(7,160)
Property, plant and equipment, net	2,722	2,843
Land
Property, plant and equipment:
Property, plant and equipment, gross	294	294
Buildings and improvements
Property, plant and equipment:
Property, plant and equipment, gross	1,806	1,743
Machinery and equipment
Property, plant and equipment:
Property, plant and equipment, gross	7,171	7,267
Computer equipment and software
Property, plant and equipment:
Property, plant and equipment, gross	447	441
Furniture and fixtures
Property, plant and equipment:
Property, plant and equipment, gross	55	56
Construction-in-process
Property, plant and equipment:
Property, plant and equipment, gross	$ 184	$ 202

Supplemental Financial Statem_6

Supplemental Financial Statement Data - Goodwill Roll Forward (Details) $ in Millions	6 Months Ended
	Jan. 03, 2020USD ($)
Goodwill [Roll Forward]
Goodwill balance, beginning of period	$ 10,076
Goodwill recorded in connection with an acquisition	14
Reduction in goodwill in connection with disposition of business	(20)
Foreign currency translation adjustment	(1)
Goodwill balance, end of period	$ 10,069

Supplemental Financial Statem_7

Supplemental Financial Statement Data - Intangible Assets (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-lived intangible assets	$ 5,798	$ 5,824
In-process research and development	80	72
Accumulated amortization	(4,567)	(4,185)
Intangible assets, net	$ 1,311	$ 1,711

Supplemental Financial Statem_8

Supplemental Financial Statement Data - Warranty Accrual Roll Forward (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Movement in Standard Product Warranty Accrual [Roll Forward]
Warranty accrual, beginning of period	$ 357	$ 323	$ 350	$ 318
Charges to operations	50	47	99	81
Utilization	(35)	(42)	(83)	(68)
Changes in estimate related to pre-existing warranties	6	9	12	6
Warranty accrual, end of period	$ 378	$ 337	$ 378	$ 337

Supplemental Financial Statem_9

Supplemental Financial Statement Data - Total Warranty Accrual (Details) - USD ($) $ in Millions	Jan. 03, 2020	Oct. 04, 2019	Jun. 28, 2019	Dec. 28, 2018	Sep. 28, 2018	Jun. 29, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Current portion (included in Accrued expenses)	$ 193		$ 188
Long-term portion (included in Other liabilities)	185		162
Total warranty accrual	$ 378	$ 357	$ 350	$ 337	$ 323	$ 318

Supplemental Financial State_10

Supplemental Financial Statement Data - Other Liabilities (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Other liabilities:
Non-current net tax payable	$ 839	$ 928
Payables related to unrecognized tax benefits	708	699
Other non-current liabilities	905	713
Total other liabilities	$ 2,452	$ 2,340

Supplemental Financial State_11

Supplemental Financial Statement Data - Accumulated Other Comprehensive Income Roll Forward (Details) $ in Millions	6 Months Ended
	Jan. 03, 2020USD ($)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ 9,967
Ending balance	9,379
Actuarial Pension Gains (Losses)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(53)
Other comprehensive income (loss) before reclassifications	3
Amounts reclassified from accumulated other comprehensive income (loss)	0
Income tax benefit (expense) related to items of other comprehensive income (loss)	(1)
Net current-period other comprehensive income (loss)	2
Ending balance	(51)
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	4
Other comprehensive income (loss) before reclassifications	(10)
Amounts reclassified from accumulated other comprehensive income (loss)	0
Income tax benefit (expense) related to items of other comprehensive income (loss)	1
Net current-period other comprehensive income (loss)	(9)
Ending balance	(5)
Unrealized Gains (Losses) on Derivative Contracts
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(19)
Other comprehensive income (loss) before reclassifications	(20)
Amounts reclassified from accumulated other comprehensive income (loss)	(19)
Income tax benefit (expense) related to items of other comprehensive income (loss)	4
Net current-period other comprehensive income (loss)	(35)
Ending balance	(54)
AOCI Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(68)
Other comprehensive income (loss) before reclassifications	(27)
Amounts reclassified from accumulated other comprehensive income (loss)	(19)
Income tax benefit (expense) related to items of other comprehensive income (loss)	4
Net current-period other comprehensive income (loss)	(42)
Ending balance	$ (110)

Fair Value Measurements and I_3

Fair Value Measurements and Investments - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
ASSETS
Cash equivalents		$ 1,405
Total assets at fair value	$ 1,082	1,451
Liabilities:
Total liabilities at fair value	83	105
Level 1
ASSETS
Cash equivalents		1,388
Total assets at fair value	1,051	1,388
Liabilities:
Total liabilities at fair value	0	0
Level 2
ASSETS
Cash equivalents		17
Total assets at fair value	31	63
Liabilities:
Total liabilities at fair value	83	105
Level 3
ASSETS
Cash equivalents		0
Total assets at fair value	0	0
Liabilities:
Total liabilities at fair value	0	0
Money market funds
ASSETS
Cash equivalents	1,051	1,388
Money market funds | Level 1
ASSETS
Cash equivalents	1,051	1,388
Money market funds | Level 2
ASSETS
Cash equivalents	0	0
Money market funds | Level 3
ASSETS
Cash equivalents	0	0
Certificates of deposit
ASSETS
Cash equivalents		17
Certificates of deposit | Level 1
ASSETS
Cash equivalents		0
Certificates of deposit | Level 2
ASSETS
Cash equivalents		17
Certificates of deposit | Level 3
ASSETS
Cash equivalents		0
Foreign exchange contracts
ASSETS
Foreign exchange contracts	31	44
Liabilities:
Derivative liability	14	40
Foreign exchange contracts | Level 1
ASSETS
Foreign exchange contracts	0	0
Liabilities:
Derivative liability	0	0
Foreign exchange contracts | Level 2
ASSETS
Foreign exchange contracts	31	44
Liabilities:
Derivative liability	14	40
Foreign exchange contracts | Level 3
ASSETS
Foreign exchange contracts	0	0
Liabilities:
Derivative liability	0	0
Interest rate swap contracts
ASSETS
Foreign exchange contracts		2
Liabilities:
Derivative liability	69	65
Interest rate swap contracts | Level 1
ASSETS
Foreign exchange contracts		0
Liabilities:
Derivative liability	0	0
Interest rate swap contracts | Level 2
ASSETS
Foreign exchange contracts		2
Liabilities:
Derivative liability	69	65
Interest rate swap contracts | Level 3
ASSETS
Foreign exchange contracts		0
Liabilities:
Derivative liability	$ 0	$ 0

Fair Value Measurements and I_4

Fair Value Measurements and Investments - Debt Instrument Fair Value (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
0.50% convertible senior notes due 2020
Debt Instrument [Line Items]
Debt instrument, interest rate (percentage)	0.50%
4.75% senior unsecured notes due 2026
Debt Instrument [Line Items]
Debt instrument, interest rate (percentage)	4.75%
Reported Value Measurement
Debt Instrument [Line Items]
Long-term debt	$ 9,833	$ 10,522
Reported Value Measurement | 0.50% convertible senior notes due 2020
Debt Instrument [Line Items]
Long-term debt	33	33
Reported Value Measurement | Variable interest rate Term Loan A-1 maturing 2023
Debt Instrument [Line Items]
Long-term debt	4,700	4,824
Reported Value Measurement | Variable interest rate U.S. Term Loan B-4 maturing 2023
Debt Instrument [Line Items]
Long-term debt	1,843	2,424
Reported Value Measurement | 1.50% convertible notes due 2024
Debt Instrument [Line Items]
Long-term debt	973	958
Reported Value Measurement | 4.75% senior unsecured notes due 2026
Debt Instrument [Line Items]
Long-term debt	2,284	2,283
Level 2 | Estimate of Fair Value Measurement
Debt Instrument [Line Items]
Long-term debt	10,115	10,430
Level 2 | Estimate of Fair Value Measurement | 0.50% convertible senior notes due 2020
Debt Instrument [Line Items]
Long-term debt	33	31
Level 2 | Estimate of Fair Value Measurement | Variable interest rate Term Loan A-1 maturing 2023
Debt Instrument [Line Items]
Long-term debt	4,720	4,780
Level 2 | Estimate of Fair Value Measurement | Variable interest rate U.S. Term Loan B-4 maturing 2023
Debt Instrument [Line Items]
Long-term debt	1,857	2,370
Level 2 | Estimate of Fair Value Measurement | 1.50% convertible notes due 2024
Debt Instrument [Line Items]
Long-term debt	1,085	986
Level 2 | Estimate of Fair Value Measurement | 4.75% senior unsecured notes due 2026
Debt Instrument [Line Items]
Long-term debt	$ 2,419	$ 2,263

Derivatives Instruments and H_2

Derivatives Instruments and Hedging Activities - Additional Information (Details) $ in Millions	Jan. 03, 2020USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Unrealized loss expected to be reclassified into earnings	$ (51)

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Debt Instrument [Line Items]
Debt instrument, face amount	$ 9,986	$ 10,694
Issuance costs and debt discounts	(153)	(172)
Net carrying value	9,833	10,522
Less current portion of long-term debt	(286)	(276)
Long-term debt	$ 9,547	10,246
0.50% convertible senior notes due 2020
Debt Instrument [Line Items]
Debt instrument, interest rate (percentage)	0.50%
Debt instrument, face amount	$ 35	35
Variable interest rate Term Loan A-1 maturing 2023
Debt Instrument [Line Items]
Debt instrument, face amount	4,708	4,834
Variable interest rate U.S. Term Loan B-4 maturing 2023
Debt Instrument [Line Items]
Debt instrument, face amount	$ 1,843	2,425
4.75% senior unsecured notes due 2026
Debt Instrument [Line Items]
Debt instrument, interest rate (percentage)	4.75%
Debt instrument, face amount	$ 2,300	2,300
Convertible Debt | 1.50% convertible notes due 2024
Debt Instrument [Line Items]
Debt instrument, interest rate (percentage)	1.50%
Debt instrument, face amount	$ 1,100	$ 1,100

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($) $ in Millions	Jan. 31, 2020	Jan. 03, 2020	Oct. 04, 2019	Jan. 03, 2020	Dec. 28, 2018
Debt Instrument [Line Items]
Repayment of debt				$ 707	$ 75
Variable interest rate U.S. Term Loan B-4 maturing 2023
Debt Instrument [Line Items]
Repayment of debt		$ 325	$ 250
Subsequent Event | Variable interest rate U.S. Term Loan B-4 maturing 2023
Debt Instrument [Line Items]
Repayment of debt	$ 150

Pensions and Other Post-retir_3

Pensions and Other Post-retirement Benefit Plans - Additional Information (Details)	6 Months Ended
	Jan. 03, 2020
Retirement Benefits [Abstract]
Expected long-term rate of return on plan assets	2.50%

Pensions and Other Post-retir_4

Pensions and Other Post-retirement Benefit Plans - Obligations and Funded Status (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at end of period	$ 278	$ 280
Fair value of plan assets at end of period	210	208
Unfunded status	$ 68	$ 72

Pensions and Other Post-retir_5

Pensions and Other Post-retirement Benefit Plans - Unfunded Amounts Recognized on Consolidated Balance Sheets (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Retirement Benefits [Abstract]
Current liabilities	$ 1	$ 1
Non-current liabilities	67	71
Net amount recognized	$ 68	$ 72

Related Parties and Related C_3

Related Parties and Related Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	May 31, 2019	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018	Jun. 28, 2019
Related Party Transactions [Abstract]
Accounts payable to related parties		$ 364		$ 364		$ 331
Investment funding commitments		50.00%		50.00%
Costs incurred associated with reduction in utilization				$ 68
Western Digital Corp | Minimum
Related Party Transactions [Abstract]
Investment funding commitments		49.90%		49.90%
Western Digital Corp | Maximum
Related Party Transactions [Abstract]
Investment funding commitments		50.00%		50.00%
Equity Method Investee
Related Party Transactions [Abstract]
Payments for equity method investments		$ 648	$ 1,120	$ 1,330	$ 1,860
Accounts payable to related parties		364		364		$ 331
Flash Ventures
Related Party Transactions [Abstract]
Remaining committed prepayments		$ 265		$ 265
Unis Venture
Related Party Transactions [Abstract]
Equity method investment, ownership percentage		49.00%		49.00%
Unissoft (Wuxi) Group Co Ltd. | Unis Venture
Related Party Transactions [Abstract]
Partner's ownership in venture business		51.00%		51.00%
Prepayments of Future Depreciation | Flash Ventures
Related Party Transactions [Abstract]
Other commitment	$ 360
Other commitment, period	3 years
Revenue from Contract with Customer | Unis Venture | Product Concentration Risk
Related Party Transactions [Abstract]
Concentration risk, percentage		1.00%	1.00%	1.00%	1.00%

Related Parties and Related C_4

Related Parties and Related Commitments and Contingencies - Equity Investments (Details) - USD ($) $ in Millions	Jan. 03, 2020	Jun. 28, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total notes receivable and investments in Flash Ventures	$ 2,321	$ 2,791
Flash Partners Ltd
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable, related parties	412	551
Investments	200	200
Flash Alliance Ltd
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable, related parties	625	878
Investments	297	296
Flash Forward Ltd
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable, related parties	663	743
Investments	124	123
Equity Method Investee
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total notes receivable and investments in Flash Ventures	$ 2,321	$ 2,791

Related Parties and Related C_5

Related Parties and Related Commitments and Contingencies - Maximum Loss Exposure (Details) - Jan. 03, 2020 - Equity Method Investee $ in Millions, ¥ in Billions	JPY (¥)	USD ($)
Guarantor Obligations [Line Items]
VIE, reporting entity involvement, maximum loss exposure, amount		$ 4,529
Notes receivable
Guarantor Obligations [Line Items]
VIE, reporting entity involvement, maximum loss exposure, amount		1,700
Equity investments
Guarantor Obligations [Line Items]
VIE, reporting entity involvement, maximum loss exposure, amount		621
Operating lease guarantees
Guarantor Obligations [Line Items]
Operating lease guarantees	¥ 189	1,746
Inventory and prepayments
Guarantor Obligations [Line Items]
Inventory and prepayments		$ 462

Related Parties and Related C_6

Related Parties and Related Commitments and Contingencies - JV Lease Guarantees (Details) - Jan. 03, 2020 $ in Millions, ¥ in Billions	JPY (¥)	USD ($)
Operating lease guarantees | Equity Method Investee
Loss Contingencies [Line Items]
Total guarantee obligations	¥ 189	$ 1,746

Related Parties and Related C_7

Related Parties and Related Commitments and Contingencies - Joint Venture Lease Amounts (Details) - Equity Method Investee $ in Millions	Jan. 03, 2020USD ($)
Guarantor Obligations [Line Items]
Remaining six months of 2020	$ 274
2021	514
2022	372
2023	282
2024	218
Thereafter	86
Total guarantee obligations	1,746
Payment of Principal Amortization
Guarantor Obligations [Line Items]
Remaining six months of 2020	239
2021	406
2022	323
2023	215
2024	98
Thereafter	12
Total guarantee obligations	1,293
Purchase Option Exercise Price at Final Lease Terms
Guarantor Obligations [Line Items]
Remaining six months of 2020	35
2021	108
2022	49
2023	67
2024	120
Thereafter	74
Total guarantee obligations	$ 453

Leases and Other Commitments -

Leases and Other Commitments - Supplemental Balance Sheet (Details) $ in Millions	Jan. 03, 2020USD ($)
Leases [Abstract]
Remaining six months of 2020	$ 26
2021	45
2022	30
2023	25
2024	27
Thereafter	168
Total future minimum lease payments	321
Less: Imputed Interest	(63)
Present value of lease liabilities	258
Less: Current portion (included in Accrued expenses)	41
Long-term operating lease liabilities (included in Other liabilities)	217
Operating lease right-of-use assets (included in Other non-current assets)	$ 242
Weighted average remaining lease term in years	9 years 4 months 24 days
Weighted average discount rate	4.20%

Leases and Other Commitments _2

Leases and Other Commitments - Supplemental Cash Flow (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jan. 03, 2020	Jan. 03, 2020
Leases [Abstract]
Cost of operating leases	$ 18	$ 30
Cash paid for operating leases	13	29
Operating lease assets obtained in exchange for operating lease liabilities	$ 1	$ 50

Leases and Other Commitments _3

Leases and Other Commitments - Long-Term Commitments (Details) $ in Millions	Jan. 03, 2020USD ($)
Leases [Abstract]
2020	$ 123
2021	304
2022	390
2023	407
2024	180
Thereafter	338
Total	$ 1,742

Shareholders' Equity - Stock-Ba

Shareholders' Equity - Stock-Based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses on stock-based compensation	$ 77	$ 79	$ 154	$ 158
Tax benefit	(11)	(14)	(23)	(25)
Total	66	65	131	133
Cost of revenue
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses on stock-based compensation	13	13	25	24
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses on stock-based compensation	41	42	82	81
Selling, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses on stock-based compensation	23	24	47	53
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses on stock-based compensation	2	4	4	9
Restricted and performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses on stock-based compensation	70	70	136	137
Employee stock purchase plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expenses on stock-based compensation	$ 5	$ 5	$ 14	$ 12

Shareholders' Equity - Unrecogn

Shareholders' Equity - Unrecognized Share-based Compensation (Details) $ in Millions	6 Months Ended
	Jan. 03, 2020USD ($)
Employee Service Share-based Compensation, Unrecognized Service Costs [Line Items]
Unamortized Compensation Costs	$ 693
Options
Employee Service Share-based Compensation, Unrecognized Service Costs [Line Items]
Unamortized Compensation Costs	$ 3
Weighted Average Service Period	18 days
RSUs and PSUs
Employee Service Share-based Compensation, Unrecognized Service Costs [Line Items]
Unamortized Compensation Costs	$ 640
Weighted Average Service Period	2 years 8 months 12 days
ESPP
Employee Service Share-based Compensation, Unrecognized Service Costs [Line Items]
Unamortized Compensation Costs	$ 50
Weighted Average Service Period	1 year 4 months 24 days

Shareholders' Equity - Stock Op

Shareholders' Equity - Stock Option Activity (Details) $ / shares in Units, shares in Millions, $ in Millions	6 Months Ended
	Jan. 03, 2020USD ($)$ / sharesshares
Number of Shares
Options outstanding, beginning balance, shares | shares	3.9
Exercised, shares | shares	(0.6)
Canceled or expired, shares | shares	(0.3)
Options outstanding, ending balance, shares | shares	3
Exercisable, period end, shares | shares	2.7
Weighted Average Exercise Price Per Share
Options outstanding, beginning balance, exercise price, in dollars per share | $ / shares	$ 65.72
Exercised, exercise price, in dollars per share | $ / shares	43.48
Canceled or expired, exercise price, in dollars per share | $ / shares	93.23
Options outstanding, ending balance, exercise price, in dollars per share | $ / shares	67.85
Exercisable, period end, exercise price, in dollars per share | $ / shares	$ 70.60
Aggregate Intrinsic Value
Exercised, intrinsic value | $	$ 8
Options outstanding, ending balance, intrinsic value | $	28
Exercisable, period end, intrinsic value | $	$ 22
Options outstanding, weighted average remaining contractual term	2 years 7 months 6 days
Exercisable, period end, weighted average remaining contractual life	2 years 6 months

Shareholders' Equity - Restrict

Shareholders' Equity - Restricted Stock Units And Performance Share Units (Details) - Restricted Stock Units And Performance Share Units $ / shares in Units, shares in Millions, $ in Millions	6 Months Ended
	Jan. 03, 2020USD ($)$ / sharesshares
Number of Shares
Outstanding, beginning balance, shares | shares	11.6
Granted, shares | shares	5.8
Vested, shares | shares	(3.3)
Forfeited, shares | shares	(0.8)
Outstanding, ending balance, shares | shares	13.3
Weighted Average Grant Date Fair Value
Outstanding, beginning balance, grant date fair value, in dollars per share | $ / shares	$ 62.07
Granted, grant date fair value, in dollars per share | $ / shares	58.13
Vested, grant date fair value, in dollars per share | $ / shares	63.15
Forfeited, grant date fair value, in dollars per share | $ / shares	63.37
Outstanding, ending balance, grant date fair value, in dollars per share | $ / shares	$ 60.88
Aggregate value of restricted stock awards vested | $	$ 186

Shareholders' Equity - Share Re

Shareholders' Equity - Share Repurchase Program (Details)	Jan. 03, 2020USD ($)
Stock Repurchase Program Effective Until July 25, 2023
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized to be repurchased	$ 5,000,000,000
Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, remaining authorized repurchase, amount	$ 4,500,000,000

Shareholders' Equity - Dividend

Shareholders' Equity - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	Jan. 21, 2020	Jan. 03, 2020	Oct. 04, 2019	Dec. 28, 2018	Sep. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Class of Stock [Line Items]
Cash dividends declared per share (in USD per share)		$ 0.50		$ 0.50		$ 1	$ 1
Dividends declared		$ 149	$ 149	$ 146	$ 144	$ 298
Dividends paid						$ 296	$ 292
Subsequent Event
Class of Stock [Line Items]
Dividends paid	$ 149

Income Tax Expense - Tax Expens

Income Tax Expense - Tax Expense and Effective Tax Rate (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Income Tax Disclosure [Abstract]
Income (loss) before taxes	$ (40)	$ 81	$ (277)	$ 664
Income tax expense	$ 99	$ 568	$ 138	$ 640
Effective tax rate	(248.00%)	701.00%	(50.00%)	96.00%

Income Tax Expense - Additional

Income Tax Expense - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Income Tax Disclosure [Line Items]
U.S. Federal statutory rate	21.00%	21.00%
De-recognition of deferred tax asset			$ 33
Mandatory deemed repatriation tax liability, provisional amount		$ 230		$ 178
Provisional income tax expense (benefit) related to decision to change indefinite reinvestment assertion		$ 134		$ 144
Unrecognized tax benefits	$ 696		696
Penalties and interest accrued on unrecognized tax benefits	131		131
Potential payables related to unrecognized tax benefits	$ 708		708
Internal Revenue Service (IRS)
Income Tax Disclosure [Line Items]
Federal tax related to adjustments for transfer pricing			535
Internal Revenue Service (IRS) | Tax Year 2008 Through 2009
Income Tax Disclosure [Line Items]
Federal tax, subject to interest			516
Internal Revenue Service (IRS) | Tax Years 2010 Through 2012
Income Tax Disclosure [Line Items]
Federal tax, subject to interest			$ 549

Net Income (Loss) Per Common _3

Net Income (Loss) Per Common Share - Additional Information (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jan. 03, 2020	Oct. 04, 2019	Dec. 28, 2018	Sep. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Earnings Per Share [Abstract]
Net income (loss)	$ (139)	$ (276)	$ (487)	$ 511	$ (415)	$ 24
Weighted average shares outstanding:
Basic (in shares)	298		290		297	291
Employee stock options, RSUs, PSUs, ESPP (in shares)	0		0		0	5
Diluted (in shares)	298		290		297	296
Income (loss) per common share
Basic (in dollars per share)	$ (0.47)		$ (1.68)		$ (1.40)	$ 0.08
Diluted (in dollars per share)	$ (0.47)		$ (1.68)		$ (1.40)	$ 0.08
Anti-dilutive potential common shares excluded (in shares)	15		19		15	8

Employee Termination, Asset I_3

Employee Termination, Asset Impairment and Other Charges - Expense Recognition (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 26	$ 20	$ 34	$ 66
Gain on disposition of assets	(17)	0	(17)	0
Total employee termination, asset impairment, and other charges	9	20	17	66
Closure of Foreign Manufacturing Facilities
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0	7	4	11
Business Realignment
Restructuring Cost and Reserve [Line Items]
Restructuring charges	26	13	30	55
Gain on disposition of assets	$ (17)	$ 0	$ (17)	$ 0

Employee Termination, Asset I_4

Employee Termination, Asset Impairment and Other Charges - Closure of Foreign Manufacturing Facilities (Details) - Foreign Manufacturing Facilities $ in Millions	6 Months Ended
	Jan. 03, 2020USD ($)
Restructuring Reserve [Roll Forward]
Accrual balance at June 28, 2019	$ 32
Charges	4
Cash payments	(25)
Accrual balance at January 3, 2020	11
Employee Termination Benefits
Restructuring Reserve [Roll Forward]
Accrual balance at June 28, 2019	30
Charges	2
Cash payments	(21)
Accrual balance at January 3, 2020	11
Contract Termination and Other
Restructuring Reserve [Roll Forward]
Accrual balance at June 28, 2019	2
Charges	2
Cash payments	(4)
Accrual balance at January 3, 2020	$ 0

Employee Termination, Asset I_5

Employee Termination, Asset Impairment and Other Charges - Business Realignment Activities (Details) $ in Millions	6 Months Ended
	Jan. 03, 2020USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, accelerated depreciation	$ 5
Business Realignment
Restructuring Reserve [Roll Forward]
Accrual balance at June 28, 2019	45
Charges	30
Cash payments	(46)
Accrual balance at January 3, 2020	29
Employee Termination Benefits | Business Realignment
Restructuring Reserve [Roll Forward]
Accrual balance at June 28, 2019	37
Charges	26
Cash payments	(35)
Accrual balance at January 3, 2020	28
Contract Termination and Other | Business Realignment
Restructuring Reserve [Roll Forward]
Accrual balance at June 28, 2019	8
Charges	4
Cash payments	(11)
Accrual balance at January 3, 2020	$ 1

Separate Financial Informatio_3

Separate Financial Information of Guarantor Subsidiaries - Additional Information (Details)	Jan. 03, 2020
4.75% senior unsecured notes due 2026
Condensed Financial Statements, Captions [Line Items]
Debt instrument, interest rate (percentage)	4.75%

Separate Financial Informatio_4

Separate Financial Information of Guarantor Subsidiaries - Balance Sheet (Details) - USD ($) $ in Millions	Jan. 03, 2020	Oct. 04, 2019	Jun. 28, 2019	Dec. 28, 2018	Sep. 28, 2018	Jun. 29, 2018
Current assets:
Cash and cash equivalents	$ 3,137		$ 3,455
Accounts receivable, net	1,791		1,204
Intercompany receivables	0		0
Inventories	3,122		3,283
Loans due from consolidated affiliates	0		0
Other current assets	577		535
Total current assets	8,627		8,477
Non-current assets:
Property, plant and equipment, net	2,722		2,843
Notes receivable and investments in Flash Ventures	2,321		2,791
Goodwill	10,069		10,076
Other intangible assets, net	1,311		1,711
Investments in consolidated subsidiaries	0		0
Loans due from consolidated affiliates	0		0
Other non-current assets	810		472
Total assets	25,860		26,370
Current liabilities:
Accounts payable	1,736		1,567
Accounts payable to related parties	364		331
Intercompany payables	0		0
Accrued expenses	1,559		1,296
Accrued compensation	537		347
Loans due to consolidated affiliates	0		0
Current portion of long-term debt	286		276
Total current liabilities	4,482		3,817
Non-current liabilities:
Long-term debt	9,547		10,246
Loans due to consolidated affiliates	0		0
Other liabilities	2,452		2,340
Total liabilities	16,481		16,403
Shareholders’ equity:
Total shareholders’ equity	9,379	$ 9,566	9,967	$ 10,912	$ 11,375	$ 11,531
Total liabilities and shareholders’ equity	25,860		26,370
Parent
Current assets:
Cash and cash equivalents	11		8
Accounts receivable, net	0		0
Intercompany receivables	2,617		2,409
Inventories	0		0
Loans due from consolidated affiliates	0		0
Other current assets	0		2
Total current assets	2,628		2,419
Non-current assets:
Property, plant and equipment, net	0		0
Notes receivable and investments in Flash Ventures	0		0
Goodwill	0		0
Other intangible assets, net	0		0
Investments in consolidated subsidiaries	20,637		20,772
Loans due from consolidated affiliates	0		0
Other non-current assets	56		60
Total assets	23,321		23,251
Current liabilities:
Accounts payable	0		0
Accounts payable to related parties	0		0
Intercompany payables	2,285		1,871
Accrued expenses	206		195
Accrued compensation	0		0
Loans due to consolidated affiliates	0		0
Current portion of long-term debt	251		276
Total current liabilities	2,742		2,342
Non-current liabilities:
Long-term debt	9,547		10,213
Loans due to consolidated affiliates	1,603		674
Other liabilities	50		55
Total liabilities	13,942		13,284
Shareholders’ equity:
Total shareholders’ equity	9,379		9,967
Total liabilities and shareholders’ equity	23,321		23,251
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	786		985
Accounts receivable, net	1,172		779
Intercompany receivables	7,840		5,808
Inventories	716		990
Loans due from consolidated affiliates	0		0
Other current assets	364		251
Total current assets	10,878		8,813
Non-current assets:
Property, plant and equipment, net	820		873
Notes receivable and investments in Flash Ventures	0		0
Goodwill	374		388
Other intangible assets, net	10		23
Investments in consolidated subsidiaries	15,471		16,355
Loans due from consolidated affiliates	1,626		674
Other non-current assets	255		51
Total assets	29,434		27,177
Current liabilities:
Accounts payable	153		195
Accounts payable to related parties	364		0
Intercompany payables	4,953		3,515
Accrued expenses	837		522
Accrued compensation	356		214
Loans due to consolidated affiliates	258		50
Current portion of long-term debt	0		0
Total current liabilities	6,921		4,496
Non-current liabilities:
Long-term debt	0		0
Loans due to consolidated affiliates	0		0
Other liabilities	1,843		1,795
Total liabilities	8,764		6,291
Shareholders’ equity:
Total shareholders’ equity	20,670		20,886
Total liabilities and shareholders’ equity	29,434		27,177
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	2,340		2,462
Accounts receivable, net	619		425
Intercompany receivables	2,839		1,581
Inventories	2,472		2,438
Loans due from consolidated affiliates	258		50
Other current assets	213		282
Total current assets	8,741		7,238
Non-current assets:
Property, plant and equipment, net	1,902		1,970
Notes receivable and investments in Flash Ventures	2,321		2,791
Goodwill	9,695		9,688
Other intangible assets, net	1,301		1,688
Investments in consolidated subsidiaries	0		0
Loans due from consolidated affiliates	0		0
Other non-current assets	499		361
Total assets	24,459		23,736
Current liabilities:
Accounts payable	1,583		1,372
Accounts payable to related parties	0		331
Intercompany payables	6,058		4,412
Accrued expenses	516		579
Accrued compensation	181		133
Loans due to consolidated affiliates	0		0
Current portion of long-term debt	35		0
Total current liabilities	8,373		6,827
Non-current liabilities:
Long-term debt	0		33
Loans due to consolidated affiliates	23		0
Other liabilities	559		490
Total liabilities	8,955		7,350
Shareholders’ equity:
Total shareholders’ equity	15,504		16,386
Total liabilities and shareholders’ equity	24,459		23,736
Eliminations
Current assets:
Cash and cash equivalents	0		0
Accounts receivable, net	0		0
Intercompany receivables	(13,296)		(9,798)
Inventories	(66)		(145)
Loans due from consolidated affiliates	(258)		(50)
Other current assets	0		0
Total current assets	(13,620)		(9,993)
Non-current assets:
Property, plant and equipment, net	0		0
Notes receivable and investments in Flash Ventures	0		0
Goodwill	0		0
Other intangible assets, net	0		0
Investments in consolidated subsidiaries	(36,108)		(37,127)
Loans due from consolidated affiliates	(1,626)		(674)
Other non-current assets	0		0
Total assets	(51,354)		(47,794)
Current liabilities:
Accounts payable	0		0
Accounts payable to related parties	0		0
Intercompany payables	(13,296)		(9,798)
Accrued expenses	0		0
Accrued compensation	0		0
Loans due to consolidated affiliates	(258)		(50)
Current portion of long-term debt	0		0
Total current liabilities	(13,554)		(9,848)
Non-current liabilities:
Long-term debt	0		0
Loans due to consolidated affiliates	(1,626)		(674)
Other liabilities	0		0
Total liabilities	(15,180)		(10,522)
Shareholders’ equity:
Total shareholders’ equity	(36,174)		(37,272)
Total liabilities and shareholders’ equity	$ (51,354)		$ (47,794)

Separate Financial Informatio_5

Separate Financial Information of Guarantor Subsidiaries - Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jan. 03, 2020	Oct. 04, 2019	Dec. 28, 2018	Sep. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Condensed Income Statements, Captions [Line Items]
Revenue, net	$ 4,234		$ 4,233		$ 8,274	$ 9,261
Cost of revenue	3,299		3,189		6,581	6,553
Gross profit	935		1,044		1,693	2,708
Operating expenses:
Research and development	578		539		1,152	1,115
Selling, general and administrative	298		309		603	665
Intercompany operating expense (income)	0		0		0	0
Employee termination, asset impairment, and other charges	9		20		17	66
Total operating expenses	885		868		1,772	1,846
Operating income (loss)	50		176		(79)	862
Interest income	8		15		20	30
Interest expense	(105)		(118)		(227)	(234)
Other income, net	7		8		9	6
Total interest and other expense, net	(90)		(95)		(198)	(198)
Income (loss) before taxes	(40)		81		(277)	664
Equity in earnings from subsidiaries	0		0		0	0
Income tax expense (benefit)	99		568		138	640
Net income (loss)	(139)	$ (276)	(487)	$ 511	(415)	24
Parent
Condensed Income Statements, Captions [Line Items]
Revenue, net	0		0		0	0
Cost of revenue	0		0		0	0
Gross profit	0		0		0	0
Operating expenses:
Research and development	0		0		0	0
Selling, general and administrative	0		0		1	1
Intercompany operating expense (income)	4		0		7	0
Employee termination, asset impairment, and other charges	0		0		0	0
Total operating expenses	4		0		8	1
Operating income (loss)	(4)		0		(8)	(1)
Interest income	0		2		0	10
Interest expense	(118)		(118)		(249)	(234)
Other income, net	0		0		0	1
Total interest and other expense, net	(118)		(116)		(249)	(223)
Income (loss) before taxes	(122)		(116)		(257)	(224)
Equity in earnings from subsidiaries	(42)		(468)		(206)	7
Income tax expense (benefit)	(25)		(97)		(48)	(241)
Net income (loss)	(139)		(487)		(415)	24
Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Revenue, net	3,304		3,392		6,665	6,877
Cost of revenue	2,881		2,942		5,833	5,947
Gross profit	423		450		832	930
Operating expenses:
Research and development	362		334		726	697
Selling, general and administrative	196		214		399	465
Intercompany operating expense (income)	(397)		(347)		(822)	(754)
Employee termination, asset impairment, and other charges	(5)		6		(5)	38
Total operating expenses	156		207		298	446
Operating income (loss)	267		243		534	484
Interest income	16		4		28	7
Interest expense	0		(2)		0	(8)
Other income, net	0		(2)		0	(2)
Total interest and other expense, net	16		0		28	(3)
Income (loss) before taxes	283		243		562	481
Equity in earnings from subsidiaries	(384)		(133)		(844)	212
Income tax expense (benefit)	55		532		94	650
Net income (loss)	(156)		(422)		(376)	43
Non-Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Revenue, net	4,041		4,857		8,025	9,853
Cost of revenue	3,643		4,215		7,333	8,039
Gross profit	398		642		692	1,814
Operating expenses:
Research and development	216		205		426	418
Selling, general and administrative	102		95		203	199
Intercompany operating expense (income)	393		347		815	754
Employee termination, asset impairment, and other charges	14		14		22	28
Total operating expenses	725		661		1,466	1,399
Operating income (loss)	(327)		(19)		(774)	415
Interest income	5		12		15	24
Interest expense	0		(1)		(1)	(3)
Other income, net	7		8		9	7
Total interest and other expense, net	12		19		23	28
Income (loss) before taxes	(315)		0		(751)	443
Equity in earnings from subsidiaries	0		0		0	0
Income tax expense (benefit)	69		133		92	231
Net income (loss)	(384)		(133)		(843)	212
Eliminations
Condensed Income Statements, Captions [Line Items]
Revenue, net	(3,111)		(4,016)		(6,416)	(7,469)
Cost of revenue	(3,225)		(3,968)		(6,585)	(7,433)
Gross profit	114		(48)		169	(36)
Operating expenses:
Research and development	0		0		0	0
Selling, general and administrative	0		0		0	0
Intercompany operating expense (income)	0		0		0	0
Employee termination, asset impairment, and other charges	0		0		0	0
Total operating expenses	0		0		0	0
Operating income (loss)	114		(48)		169	(36)
Interest income	(13)		(3)		(23)	(11)
Interest expense	13		3		23	11
Other income, net	0		2		0	0
Total interest and other expense, net	0		2		0	0
Income (loss) before taxes	114		(46)		169	(36)
Equity in earnings from subsidiaries	426		601		1,050	(219)
Income tax expense (benefit)	0		0		0	0
Net income (loss)	$ 540		$ 555		$ 1,219	$ (255)

Separate Financial Informatio_6

Separate Financial Information of Guarantor Subsidiaries - Statement of Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jan. 03, 2020	Oct. 04, 2019	Dec. 28, 2018	Sep. 28, 2018	Jan. 03, 2020	Dec. 28, 2018
Condensed Statement of Income Captions [Line Items]
Net income (loss)	$ (139)	$ (276)	$ (487)	$ 511	$ (415)	$ 24
Actuarial pension gain (loss)	2		1		3	1
Foreign currency translation adjustment	(15)		31		(10)	(6)
Net unrealized gain (loss) on derivative contracts and available-for-sale securities	(6)		7		(39)	6
Total other comprehensive income (loss), before tax	(19)		39		(46)	1
Income tax benefit (expense) related to items of other comprehensive income (loss), before tax	(1)		2		4	3
Other comprehensive income (loss), net of tax	(20)		41		(42)	4
Total comprehensive income (loss)	(159)		(446)		(457)	28
Parent
Condensed Statement of Income Captions [Line Items]
Net income (loss)	(139)		(487)		(415)	24
Actuarial pension gain (loss)	2		1		3	1
Foreign currency translation adjustment	(15)		31		(10)	(6)
Net unrealized gain (loss) on derivative contracts and available-for-sale securities	(6)		7		(39)	6
Total other comprehensive income (loss), before tax	(19)		39		(46)	1
Income tax benefit (expense) related to items of other comprehensive income (loss), before tax	(1)		3		4	4
Other comprehensive income (loss), net of tax	(20)		42		(42)	5
Total comprehensive income (loss)	(159)		(445)		(457)	29
Guarantor Subsidiaries
Condensed Statement of Income Captions [Line Items]
Net income (loss)	(156)		(422)		(376)	43
Actuarial pension gain (loss)	2		1		3	1
Foreign currency translation adjustment	(13)		32		(8)	(2)
Net unrealized gain (loss) on derivative contracts and available-for-sale securities	(26)		30		(34)	22
Total other comprehensive income (loss), before tax	(37)		63		(39)	21
Income tax benefit (expense) related to items of other comprehensive income (loss), before tax	4		(2)		3	(2)
Other comprehensive income (loss), net of tax	(33)		61		(36)	19
Total comprehensive income (loss)	(189)		(361)		(412)	62
Non-Guarantor Subsidiaries
Condensed Statement of Income Captions [Line Items]
Net income (loss)	(384)		(133)		(843)	212
Actuarial pension gain (loss)	2		1		3	1
Foreign currency translation adjustment	(13)		32		(8)	(2)
Net unrealized gain (loss) on derivative contracts and available-for-sale securities	(14)		30		(23)	20
Total other comprehensive income (loss), before tax	(25)		63		(28)	19
Income tax benefit (expense) related to items of other comprehensive income (loss), before tax	1		(2)		0	(1)
Other comprehensive income (loss), net of tax	(24)		61		(28)	18
Total comprehensive income (loss)	(408)		(72)		(871)	230
Eliminations
Condensed Statement of Income Captions [Line Items]
Net income (loss)	540		555		1,219	(255)
Actuarial pension gain (loss)	(4)		(2)		(6)	(2)
Foreign currency translation adjustment	26		(64)		16	4
Net unrealized gain (loss) on derivative contracts and available-for-sale securities	40		(60)		57	(42)
Total other comprehensive income (loss), before tax	62		(126)		67	(40)
Income tax benefit (expense) related to items of other comprehensive income (loss), before tax	(5)		3		(3)	2
Other comprehensive income (loss), net of tax	57		(123)		64	(38)
Total comprehensive income (loss)	$ 597		$ 432		$ 1,283	$ (293)

Separate Financial Informatio_7

Separate Financial Information of Guarantor Subsidiaries - Statement of Cash Flows (Details) - USD ($) $ in Millions	6 Months Ended
	Jan. 03, 2020	Dec. 28, 2018
Cash flows from operating activities
Net cash provided by (used in) operating activities	$ 510	$ 1,174
Cash flows from investing activities
Purchases of property, plant and equipment	(305)	(500)
Proceeds from the sale of property, plant and equipment	0	3
Acquisitions, net of cash acquired	(22)	0
Purchases of investments	0	(33)
Proceeds from sale of investments	0	13
Proceeds from maturities of investments	0	7
Notes receivable issuances to Flash Ventures	(224)	(508)
Notes receivable proceeds from Flash Ventures	690	312
Strategic investments and other, net	21	(19)
Intercompany loan from consolidated affiliates	0	0
Advances from (to) parent and consolidated affiliates	0	0
Net cash provided by (used in) investing activities	160	(725)
Cash flows from financing activities
Issuance of stock under employee stock plans	72	61
Taxes paid on vested stock awards under employee stock plans	(54)	(69)
Repurchases of common stock	0	(563)
Dividends paid to shareholders	(296)	(292)
Repayment of debt	(707)	(75)
Proceeds from (repayment of) revolving credit facility	0	(500)
Intercompany loan from (to) consolidated affiliates	0	0
Change in investment in consolidated subsidiaries	0	0
Net cash used in financing activities	(985)	(1,438)
Effect of exchange rate changes on cash	(3)	(3)
Net decrease in cash and cash equivalents	(318)	(992)
Cash and cash equivalents, beginning of year	3,455	5,005
Cash and cash equivalents, end of period	3,137	4,013
Parent
Cash flows from operating activities
Net cash provided by (used in) operating activities	(24)	103
Cash flows from investing activities
Purchases of property, plant and equipment	0	0
Proceeds from the sale of property, plant and equipment		0
Acquisitions, net of cash acquired	0
Purchases of investments		0
Proceeds from sale of investments		0
Proceeds from maturities of investments		0
Notes receivable issuances to Flash Ventures	0	0
Notes receivable proceeds from Flash Ventures	0	0
Strategic investments and other, net	0	0
Intercompany loan from consolidated affiliates	0	943
Advances from (to) parent and consolidated affiliates	(71)	(215)
Net cash provided by (used in) investing activities	(71)	728
Cash flows from financing activities
Issuance of stock under employee stock plans	72	61
Taxes paid on vested stock awards under employee stock plans	(54)	(69)
Repurchases of common stock		(563)
Dividends paid to shareholders	(296)	(292)
Repayment of debt	(707)	(75)
Proceeds from (repayment of) revolving credit facility		(500)
Intercompany loan from (to) consolidated affiliates	929	370
Change in investment in consolidated subsidiaries	154	214
Net cash used in financing activities	98	(854)
Effect of exchange rate changes on cash	0	0
Net decrease in cash and cash equivalents	3	(23)
Cash and cash equivalents, beginning of year	8	40
Cash and cash equivalents, end of period	11	17
Guarantor Subsidiaries
Cash flows from operating activities
Net cash provided by (used in) operating activities	499	(819)
Cash flows from investing activities
Purchases of property, plant and equipment	(84)	(129)
Proceeds from the sale of property, plant and equipment		0
Acquisitions, net of cash acquired	(2)
Purchases of investments		(11)
Proceeds from sale of investments		0
Proceeds from maturities of investments		0
Notes receivable issuances to Flash Ventures	0	0
Notes receivable proceeds from Flash Ventures	0	0
Strategic investments and other, net	6	(1)
Intercompany loan from consolidated affiliates	(952)	(370)
Advances from (to) parent and consolidated affiliates	71	215
Net cash provided by (used in) investing activities	(961)	(296)
Cash flows from financing activities
Issuance of stock under employee stock plans	0	0
Taxes paid on vested stock awards under employee stock plans	0	0
Repurchases of common stock		0
Dividends paid to shareholders	0	0
Repayment of debt	0	0
Proceeds from (repayment of) revolving credit facility		0
Intercompany loan from (to) consolidated affiliates	208	(387)
Change in investment in consolidated subsidiaries	55	1,997
Net cash used in financing activities	263	1,610
Effect of exchange rate changes on cash	0	0
Net decrease in cash and cash equivalents	(199)	495
Cash and cash equivalents, beginning of year	985	668
Cash and cash equivalents, end of period	786	1,163
Non-Guarantor Subsidiaries
Cash flows from operating activities
Net cash provided by (used in) operating activities	(125)	1,934
Cash flows from investing activities
Purchases of property, plant and equipment	(221)	(371)
Proceeds from the sale of property, plant and equipment		3
Acquisitions, net of cash acquired	(20)
Purchases of investments		(22)
Proceeds from sale of investments		13
Proceeds from maturities of investments		7
Notes receivable issuances to Flash Ventures	(224)	(508)
Notes receivable proceeds from Flash Ventures	690	312
Strategic investments and other, net	15	(18)
Intercompany loan from consolidated affiliates	(208)	0
Advances from (to) parent and consolidated affiliates	0	0
Net cash provided by (used in) investing activities	32	(584)
Cash flows from financing activities
Issuance of stock under employee stock plans	0	0
Taxes paid on vested stock awards under employee stock plans	0	0
Repurchases of common stock		0
Dividends paid to shareholders	0	0
Repayment of debt	0	0
Proceeds from (repayment of) revolving credit facility		0
Intercompany loan from (to) consolidated affiliates	23	(556)
Change in investment in consolidated subsidiaries	(49)	(2,255)
Net cash used in financing activities	(26)	(2,811)
Effect of exchange rate changes on cash	(3)	(3)
Net decrease in cash and cash equivalents	(122)	(1,464)
Cash and cash equivalents, beginning of year	2,462	4,297
Cash and cash equivalents, end of period	2,340	2,833
Eliminations
Cash flows from operating activities
Net cash provided by (used in) operating activities	160	(44)
Cash flows from investing activities
Purchases of property, plant and equipment	0	0
Proceeds from the sale of property, plant and equipment		0
Acquisitions, net of cash acquired	0
Purchases of investments		0
Proceeds from sale of investments		0
Proceeds from maturities of investments		0
Notes receivable issuances to Flash Ventures	0	0
Notes receivable proceeds from Flash Ventures	0	0
Strategic investments and other, net	0	0
Intercompany loan from consolidated affiliates	1,160	(573)
Advances from (to) parent and consolidated affiliates	0	0
Net cash provided by (used in) investing activities	1,160	(573)
Cash flows from financing activities
Issuance of stock under employee stock plans	0	0
Taxes paid on vested stock awards under employee stock plans	0	0
Repurchases of common stock		0
Dividends paid to shareholders	0	0
Repayment of debt	0	0
Proceeds from (repayment of) revolving credit facility		0
Intercompany loan from (to) consolidated affiliates	(1,160)	573
Change in investment in consolidated subsidiaries	(160)	44
Net cash used in financing activities	(1,320)	617
Effect of exchange rate changes on cash	0	0
Net decrease in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of year	0	0
Cash and cash equivalents, end of period	$ 0	$ 0

Uncategorized Items - wdc-2020q

Label	Element	Value
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 56,000,000
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (5,000,000)