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Leases and Other Commitments (Tables)
6 Months Ended
Dec. 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:
December 27,
2024
June 28,
2024
(in millions)
Operating lease right-of-use assets (included in Other non-current assets)
$321 $326 
Operating lease liabilities:
Current portion of long-term operating lease liabilities (included in Accrued expenses)
45 42 
Long-term operating lease liabilities (included in Other liabilities)
298 307 
Total operating lease liabilities$343 $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 EndedSix Months Ended
December 27,
2024
December 29,
2023
December 27,
2024
December 29,
2023
(in millions)
Cost of operating leases$17 $17 $33 $31 
Cash paid for operating leases14 17 31 32 
Operating lease assets obtained in exchange for operating lease liabilities19 177 

The weighted average remaining lease term and discount rate for the Company’s operating leases were as follows:
December 27,
2024
June 28,
2024
Weighted average remaining lease term in years
10.110.4
Weighted average discount rate
6.6 %6.6 %
Schedule of Minimum Lease Payments
As of December 27, 2024, minimum lease payments were as follows:
Lease Amounts
(in millions)
Remaining six months of 2025
$31 
202663 
202755 
202844 
202937 
Thereafter255 
Total future minimum lease payments485 
Less: imputed interest142 
Present value of lease liabilities$343 
Schedule of Minimum Long-Term Commitments As of December 27, 2024, the Company had the following minimum long-term commitments:
Long-Term Commitments
(in millions)
Remaining six months of 2025
$112 
2026541 
2027613 
2028570 
2029570 
Thereafter660 
Total$3,066