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Leases and Other Commitments (Tables)
3 Months Ended
Sep. 29, 2023
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Disclosures The following table summarizes supplemental balance sheet information related to operating leases as of September 29, 2023:
Lease Amounts
($ in millions)
Minimum lease payments by year:
Remaining nine months of 2024
$49 
202563 
202665 
202758 
202851 
Thereafter329 
Total future minimum lease payments615 
Less: Imputed interest175 
Present value of lease liabilities440 
Less: Current portion (included in Accrued expenses)
44 
Long-term operating lease liabilities (included in Other liabilities )
$396 
Operating lease right-of-use assets (included in Other non-current assets)
$419 
Weighted average remaining lease term in years10.5
Weighted average discount rate6.0 %
Schedule of Lease, Cost
The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases:
Three Months Ended
September 29,
2023
September 30,
2022
(in millions)
Cost of operating leases$14 $14 
Cash paid for operating leases15 14 
Operating lease assets obtained in exchange for operating lease liabilities168 
Schedule of Long-term Purchase Agreements As of September 29, 2023, the Company had the following minimum long-term commitments:
Long-Term Commitments
(in millions)
Year:
Remaining nine months of 2024
$215 
2025267 
202675 
202752 
202820 
Thereafter130 
Total$759