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Pensions and Other Post-Retirement Benefit Plans
 3 Months Ended
Sep. 30, 2022
Retirement Benefits [Abstract]  
Pensions and Other Post-Retirement Benefit Plans Pension and Other Post-Retirement Benefit Plans
The Company has pension and other post-retirement benefit plans in various countries. The Company’s principal pension plans are in Japan, Thailand and the Philippines. All pension and other post-retirement benefit plans outside of the Company’s Japan, Thailand and the Philippines defined benefit pension plans (the “Pension Plans”) are immaterial to the Condensed Consolidated Financial Statements. The expected long-term rate of return on the Pension Plans assets is 2.5%.

Obligations and Funded Status

The following table presents the unfunded status of the benefit obligations for the Pension Plans:
September 30,
2022		July 1,
2022
(in millions)
Benefit obligation at end of period$275 $294 
Fair value of plan assets at end of period177 189 
Unfunded status$98 $105 

The following table presents the unfunded amounts related to the Pension Plans as recognized on the Company’s Condensed Consolidated Balance Sheets:
September 30,
2022		July 1,
2022
(in millions)
Current liabilities$1 $1 
Non-current liabilities97 104 
Net amount recognized$98 $105 
Net periodic benefit costs were not material for the three months ended September 30, 2022.