Leases and Other Commitments (Tables)

3 Months Ended

Oct. 04, 2019

Leases [Abstract]

Lessee, Operating Leases, Supplemental Balance Sheet Disclosures

The following table summarizes supplemental balance sheet information related to operating leases as of October 4, 2019:

	Lease Amounts
Minimum lease payments by fiscal year:	(in millions)
Remaining nine months of 2020	$	37
2021	40
2022	28
2023	24
2024	27
Thereafter	163
Total future minimum lease payments	319
Less: Imputed Interest	(62		)
Present value of lease liabilities	257
Less: Current portion (included in Accrued expenses)	40
Long-term operating lease liabilities (included in Other liabilities)	$	217
Operating lease right-of-use assets (included in Other non-current assets)	$	243
Weighted average remaining lease term in years	9.5
Weighted average discount rate	4.1		%

Lessee, Operating Leases, Supplemental Cash Flow Disclosures

The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases for the three months ended October 4, 2019:

	Three Months Ended
	October 4, 2019
	(in millions)
Cost of operating leases	$	12
Cash paid for operating leases	16
Operating lease assets obtained in exchange for operating lease liabilities	49

Long-term Purchase Agreements

As of October 4, 2019, the Company had the following minimum long-term commitments:

	Long-term commitments
	(in millions)
Fiscal year:
Remaining nine months of 2020	$	70
2021	183
2022	250
2023	267
2024	40
Thereafter	210
Total	$	1,020