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Leases (Tables)
12 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of Lease Costs
The following table summarizes the components of lease cost:
(in millions)202220212020
Operating lease cost$117 $119 $134 
Finance lease cost23 16 13 
Variable lease cost13 24 17 
Total lease cost$153 $159 $164 
Leases Supplemental Balance Sheet Information The following table summarizes supplemental balance sheet and other information related to leases at June 30:
(in millions)20222021
Operating Leases
Operating lease right-of-use assets$457 $460 
   Current portion of operating lease liabilities102 105 
   Long-term operating lease liabilities388 374 
Total operating lease liabilities490 479 
Finance Leases
Finance lease right-of-use assets68 63 
Current portion of finance lease liabilities23 19 
Long-term finance lease liabilities49 45 
Total finance lease liabilities$72 $64 
Weighted-average remaining lease term (years)
Operating leases6.0 years6.5 years
Finance leases4.1 years4.2 years
Weighted-average discount rate
Operating leases3.0 %2.9 %
Finance leases1.8 %1.5 %
Leases Supplemental Cash Flow Information
The following tables summarizes supplemental cash flow information related to leases:
(in millions)202220212020
Cash paid for lease liabilities:
Operating cash flows paid for operating leases$123 $115 $125 
Financing cash flows paid for finance leases21 15 
Non-cash right-of-use assets obtained in exchange for lease obligations:
New operating leases101 138 150 
New finance leases28 45 40 
Amended lease standard adoption impact as of July 1, 2019 (1)
 — 400 
(1)Includes the effect of $22 million from reclassifying deferred rent as an offset to the lease right-of-use asset in accordance with the transition guidance.
Schedule of Future Lease Payments for Operating Leases
Future lease payments under non-cancellable leases as of June 30, 2022 were as follows:
(in millions)Operating LeasesFinance LeasesTotal
2023$114 $24 $138 
202498 19 117 
202588 14 102 
202671 78 
202754 59 
Thereafter114 120 
Total future lease payments539 75 614 
Less: imputed interest49 52 
Total lease liabilities$490 $72 $562 
Schedule of Future Lease Payments for Finance Leases
Future lease payments under non-cancellable leases as of June 30, 2022 were as follows:
(in millions)Operating LeasesFinance LeasesTotal
2023$114 $24 $138 
202498 19 117 
202588 14 102 
202671 78 
202754 59 
Thereafter114 120 
Total future lease payments539 75 614 
Less: imputed interest49 52 
Total lease liabilities$490 $72 $562