Debt (Tables)

12 Months Ended

Jul. 03, 2020

Debt Disclosure [Abstract]

Schedule of Debt

Debt consisted of the following as of July 3, 2020 and June 28, 2019:

	July 3, 2020		June 28, 2019
	(in millions)
0.50% convertible senior notes due 2020	$	35	$	35
Variable interest rate Term Loan A-1 maturing 2023	4,583		4,834
Variable interest rate Term Loan B-4 maturing 2023	1,693		2,425
1.50% convertible notes due 2024	1,100		1,100
4.75% senior unsecured notes due 2026	2,300		2,300
Total debt	9,711		10,694
Issuance costs and debt discounts	(136)		(172)
Subtotal	9,575		10,522
Less current portion of long-term debt	(286)		(276)
Long-term debt	$	9,289	$	10,246

Schedule of Maturities of Long-term Debt

As of July 3, 2020, required annual future debt payments were as follows:

	Future Debt Payments
	(in millions)
Fiscal year:
2021	$	286
2022	251
2023	5,774
2024	1,100
2025 and thereafter	2,300
Total debt maturities	$	9,711
Issuance costs and debt discounts	(136)
Net carrying value	$	9,575