XML 45 R31.htm IDEA: XBRL DOCUMENT v3.22.1
Leases and Other Commitments (Tables)
9 Months Ended
Apr. 01, 2022
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Disclosures The following table summarizes supplemental balance sheet information related to operating leases as of April 1, 2022:
Lease Amounts
Minimum lease payments by fiscal year:($ in millions)
Remaining three months of 2022$14 
202348 
202448 
202544 
202644 
Thereafter188 
Total future minimum lease payments386 
Less: Imputed Interest55 
Present value of lease liabilities331 
Less: Current portion (included in Accrued expenses)41 
Long-term operating lease liabilities (included in Other liabilities)$290 
Operating lease right-of-use assets (included in Other non-current assets)$313 
Weighted average remaining lease term in years8.4
Weighted average discount rate3.4 %
schedule of Supplemental Cash Flow Disclosures The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases:
Three Months EndedNine Months Ended
April 1,
2022
April 2,
2021
April 1,
2022
April 2,
2021
(in millions)
Cost of operating leases$15 $12 $42 $37 
Cash paid for operating leases13 12 37 38 
Operating lease assets obtained in exchange for operating lease liabilities132 28 
Schedule of Long-term Purchase Agreements As of April 1, 2022, the Company had the following minimum long-term commitments:
Long-term commitments
(in millions)
Fiscal year:
Remaining three months of 2022$162 
2023560 
2024309 
2025148 
202620 
Thereafter170 
Total$1,369