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Fair Value Measurements and Investments (Tables)
 6 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2021 and July 2, 2021, and indicate the fair value hierarchy of the valuation techniques utilized to determine such values:
December 31, 2021
 Level 1Level 2Level 3Total
(in millions)
Assets:
Cash equivalents - Money market funds$71 $— $— $71 
Foreign exchange contracts— 22 — 22 
Total assets at fair value$71 $22 $— $93 
Liabilities:
Foreign exchange contracts$— $86 $— $86 
Interest rate swap contracts— 48 — 48 
Total liabilities at fair value$— $134 $— $134 
July 2, 2021
 Level 1Level 2Level 3Total
(in millions)
Assets:
Cash equivalents - Money market funds$1,283 $— $— $1,283 
Foreign exchange contracts— 14 — 14 
Total assets at fair value$1,283 $14 $— $1,297 
Liabilities:
Foreign exchange contracts$— $65 $— $65 
Interest rate swap contracts— 80 — 80 
Total liabilities at fair value$— $145 $— $145 
Schedule of Related Costs And Fair Values Based On Quoted Market Prices For financial instruments where the carrying value (which includes principal adjusted for any unamortized issuance costs, and discounts or premiums) differs from fair value (which is based on quoted market prices), the following table represents the related carrying value and fair value for each of the Company’s outstanding financial instruments. Each of the financial instruments presented below was categorized as Level 2 for all periods presented, based on the frequency of trading immediately prior to the end of the second quarter of fiscal 2022 and the fourth quarter of fiscal 2021, respectively.
December 31, 2021July 2, 2021
Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
(in millions)
Variable interest rate Term Loan A-1 maturing 2023$2,998 $3,006 $4,327 $4,346 
Variable interest rate Term Loan B-4 maturing 2023— — 1,093 1,094 
1.50% convertible notes due 2024
1,032 1,116 1,017 1,173 
4.75% senior unsecured notes due 2026
2,289 2,516 2,288 2,556 
2.85% senior unsecured notes due 2029
495 505 — — 
3.10% senior unsecured notes due 2032
494 504 — — 
Total$7,308 $7,647 $8,725 $9,169