XML 28 R25.htm IDEA: XBRL DOCUMENT

Leases (Tables)

3 Months Ended

Sep. 30, 2019

The following table summarizes the components of lease cost:



	Three Months Ended September 30,
(in millions)	2019
Operating lease cost	$	31
Finance lease cost
Amortization of right-of-use assets	4
Total finance lease cost	4
Variable lease cost	1
Total lease cost	$	36

Leases Supplemental Balance Sheet Information



(in millions)	September 30, 2019
Operating Leases
Operating lease assets	$	394

Current portion of operating lease liabilities	103
Operating lease liabilities	312
Total operating lease liabilities	415

Finance Leases
Property and equipment, net	18

Current portion of long-term obligations	5
Long-term obligations, less current portion	12
Total finance lease liabilities	$	17

Schedule of Lease Payments

upplemental cash flow information related to leases:



	Three Months Ended September 30,
(in millions)	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases	$	31
Financing cash flows paid for finance lease	2
Non-cash right-of-use assets obtained in exchange for lease obligations:
New operating leases	15
New finance leases	17
Amended lease standard adoption impact as of July 1, 2019 ⁽¹⁾	400

Schedule of Future Lease Payments

Future lease payments under non-cancellable leases as of September 30, 2019 were as follows:



(in millions)	Operating Leases		Finance Leases		Total
Years Ending September 30,
Remainder of 2020	$	91	$	4	$	95
2021	101		6		107
2022	79		4		83
2023	58		4		62
2024	41		1		42
Thereafter	149		—		149
Total future lease payments	519		19		538
Less: leases not yet commenced ⁽¹⁾	61		—		61
Less: imputed interest	43		2		45
Total lease liabilities	$	415	$	17	$	432


(1)	As of September 30, 2019, we had certain leases that were executed but did not have control of the underlying assets; therefore, the lease liabilities and right-of-use assets are not recorded in the condensed consolidated balance sheets.

As previously disclosed in our fiscal 2019 Form 10-K under the prior accounting guidance, the future minimum rental payments for operating leases having initial or remaining non-cancelable lease terms in excess of one year at June 30, 2019 for fiscal 2020 through 2024 and thereafter were as follows: $126 million, $100 million, $76 million, $54 million, $33 million and $94 million.