Debt (Tables)

12 Months Ended

Jun. 28, 2019

Debt consisted of the following as of June 28, 2019 and June 29, 2018:



	June 28, 2019			June 29, 2018
	(in millions)
0.50% convertible senior notes due 2020	$	35		$	35
Revolving credit facility maturing 2023	—			500
Variable interest rate Term Loan A-1 maturing 2023	4,834			4,991
Variable interest rate U.S. Term Loan B-4 maturing 2023	2,425			2,449
1.50% convertible notes due 2024	1,100			1,100
4.750% senior unsecured notes due 2026	2,300			2,300
Total debt	10,694			11,375
Issuance costs and debt discounts	(172		)	(203		)
Subtotal	10,522			11,172
Less current portion of long-term debt	(276		)	(179		)
Long-term debt	$	10,246		$	10,993

As of June 28, 2019, annual future debt payments were as follows:



	Future Debt Payments
	(in millions)
Fiscal year
2020	$	276
2021	311
2022	276
2023	6,431
2024	1,100
2025 and thereafter	2,300
Total debt maturities	10,694
Issuance costs and debt discounts	(172		)
Net carrying value	$	10,522

As of June 28, 2019, the Company had the following minimum long-term commitments:



	Long-term purchase commitments
	(in millions)
Fiscal year
2020	$	136
2021	244
2022	263
2023	154
2024	40
Thereafter	210
Total	$	1,047