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Leases and Other Commitments (Tables)
12 Months Ended
Jun. 28, 2024
Leases [Abstract]  
Schedule of Lessee, Operating Leases, Supplemental Balance Sheet Disclosures
The following table presents right-of-use lease assets and lease liabilities included in the Company’s Consolidated Balance Sheets:
June 28,
2024
June 30,
2023
(in millions)
Operating lease right-of-use assets (included in Other non-current assets)
$326 $260 
Operating lease liabilities:
Current portion of long-term operating lease liabilities (included in Accrued expenses)
42 40 
Long-term operating lease liabilities (included in Other liabilities )
307 244 
Total operating lease liabilities
$349 $284 
Schedule of Lease, Cost
The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases:
June 28,
2024
June 30,
2023
July 1,
2022
(in millions)
Cost of operating leases$64 $57 $58 
Cash paid for operating leases69 51 51 
Operating lease assets obtained in exchange for operating lease liabilities178 17 137 
Decrease in operating lease liabilities and right-of-use assets due to lease remeasurement71 — — 

The weighted average remaining lease term and discount rate for the Company’s operating leases were as follows:
20242023
Weighted average remaining lease term in years
10.47.6
Weighted average discount rate
6.6 %4.2 %
Lessee, Operating Lease, Liability, to be Paid, Maturity
As of June 28, 2024, minimum lease payments were as follows:
Lease Amounts
(in millions)
2025$60 
202657 
202750 
202842 
202936 
Thereafter254 
Total future minimum lease payments499 
Less: imputed interest
150 
Present value of lease liabilities$349 
Schedule of Long-term Purchase Agreements As of June 28, 2024, the Company had the following minimum long-term commitments:
Long-term commitments
(in millions)
Fiscal year:
2025$172 
202696 
202759 
202820 
202920 
Thereafter110 
Total$477