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Leases and Other Commitments (Tables)
3 Months Ended
Oct. 01, 2021
Leases [Abstract]  
Supplemental Balance Sheet Disclosures The following table summarizes supplemental balance sheet information related to operating leases as of October 1, 2021:
Lease Amounts
Minimum lease payments by fiscal year:($ in millions)
Remaining nine months of 2022$33 
202343 
202443 
202541 
202642 
Thereafter187 
Total future minimum lease payments389 
Less: Imputed Interest60 
Present value of lease liabilities329 
Less: Current portion (included in Accrued expenses)35 
Long-term operating lease liabilities (included in Other liabilities)$294 
Operating lease right-of-use assets (included in Other non-current assets)$316 
Weighted average remaining lease term in years8.9
Weighted average discount rate3.4 %
Supplemental Cash Flow Disclosures The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases:
Three Months Ended
October 1,
2021
October 2,
2020
(in millions)
Cost of operating leases$13 $13 
Cash paid for operating leases12 12 
Operating lease assets obtained in exchange for operating lease liabilities112 
Long-term Purchase Agreements As of October 1, 2021, the Company had the following minimum long-term commitments:
Long-term commitments
(in millions)
Fiscal year:
Remaining nine months of 2022$423 
2023534 
2024306 
2025148 
202620 
Thereafter170 
Total$1,601