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Leases and Other Commitments (Tables)
3 Months Ended
Sep. 27, 2024
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Disclosures
The following table presents right-of-use lease assets and lease liabilities included in the Company’s Condensed Consolidated Balance Sheets:
September 27,
2024
June 28,
2024
(in millions)
Operating lease right-of-use assets (included in Other non-current assets)
$327 $326 
Operating lease liabilities:
Current portion of long-term operating lease liabilities (included in Accrued expenses)
44 42 
Long-term operating lease liabilities (included in Other liabilities)
305 307 
Total operating lease liabilities$349 $349 
Schedule of Supplemental Cash Flow
The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases:
Three Months Ended
September 27,
2024
September 29,
2023
(in millions)
Cost of operating leases$16 $14 
Cash paid for operating leases17 15 
Operating lease assets obtained in exchange for operating lease liabilities11 168 

The weighted average remaining lease term and discount rate for the Company’s operating leases were as follows:
September 27,
2024
June 28,
2024
Weighted average remaining lease term in years
10.210.4
Weighted average discount rate
6.6 %6.6 %
Schedule of Minimum Lease Payments
As of September 27, 2024, minimum lease payments were as follows:
Lease Amounts
(in millions)
Remaining nine months of 2025
$45 
202661 
202753 
202844 
202938 
Thereafter254 
Total future minimum lease payments495 
Less: imputed interest146 
Present value of lease liabilities$349 
Schedule of Minimum Long-Term Commitments As of September 27, 2024, the Company had the following minimum long-term commitments:
Long-Term Commitments
(in millions)
Remaining nine months of 2025
$140 
2026102 
202763 
202820 
202920 
Thereafter110 
Total$455