Leases (Tables)

3 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of total lease cost for operating leases

The total lease cost for operating leases included in the Statement of Operations was as follows:

			For the three months ended September 30,
	Income Statement Location		2019
			(in millions)
Operating lease costs		Selling, general and administrative	$	48
Operating lease costs		Operating expenses		3
Short term lease costs		Operating expenses		2
Variable lease costs		Selling, general and administrative		9
Total lease costs			$	62

Schedule of Additional Information Related To Operating Lease

Additional information related to the Company’s operating leases under ASU 2016-02:

	As of September 30, 2019
Weighted-average remaining lease term		11.4 years
Weighted-average incremental borrowing rate		3.25	%

	For the three months ended September 30,
	2019
	(in millions)
Cash paid—Operating lease liabilities	$	57
Operating lease right-of-use asset obtained in exchange for operating lease liabilities	$	225

Schedule of Future minimum lease payments under non-cancellable leases

Future minimum lease payments under non-cancellable leases as of September 30, 2019 are as follows:

	As of September 30, 2019
	(in millions)
Fiscal 2020 (nine months remaining)	$	174
Fiscal 2021		201
Fiscal 2022		199
Fiscal 2023		188
Fiscal 2024		172
Thereafter		934
Total future minimum lease payments		1,868
Less: interest		357
Present value of minimum payments	$	1,511