Leases and Other Commitments (Tables)

6 Months Ended

Jan. 03, 2020

The following table summarizes supplemental balance sheet information related to operating leases as of January 3, 2020:



	Lease Amounts
Minimum lease payments by fiscal year:	(in millions)
Remaining six months of 2020	$	26
2021	45
2022	30
2023	25
2024	27
Thereafter	168
Total future minimum lease payments	321
Less: Imputed Interest	(63		)
Present value of lease liabilities	258
Less: Current portion (included in Accrued expenses)	41
Long-term operating lease liabilities (included in Other liabilities)	$	217

Operating lease right-of-use assets (included in Other non-current assets)	$	242

Weighted average remaining lease term in years	9.4
Weighted average discount rate	4.2		%

Supplemental Cash Flow Disclosures

The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases for the three and six months ended January 3, 2020:



	Three Months Ended		Six Months Ended
	January 3, 2020		January 3, 2020
	(in millions)
Cost of operating leases	$	18	$	30
Cash paid for operating leases	13		29
Operating lease assets obtained in exchange for operating lease liabilities	1		50

Long-term Purchase Agreements

As of January 3, 2020, the Company had the following minimum long-term commitments:



	Long-term commitments
	(in millions)
Fiscal year:
Remaining six months of 2020	$	123
2021	304
2022	390
2023	407
2024	180
Thereafter	338
Total	$	1,742