XML 56 R41.htm IDEA: XBRL DOCUMENT v3.21.2
Leases (Tables)
12 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of total lease cost
The total lease cost for operating and finance leases included in the Statements of Operations was as follows:
For the fiscal years ended June 30,
20212020
Income Statement Location(in millions)
Operating lease costsSelling, general and administrative$135 $139 
Operating lease costsOperating expenses37 64 
Finance lease costsDepreciation and amortization27 
Finance lease costsInterest expense, net
Short term lease costsOperating expenses15 
Variable lease costsSelling, general and administrative28 41 
Total lease costs$246 $260 
Schedule of additional information related to leases
Additional information related to the Company’s operating and finance leases under ASU 2016-02:
As of June 30, 2021As of June 30, 2020
Operating LeasesFinance LeasesOperating LeasesFinance Leases
Weighted-average remaining lease term11.8 years3.7 years12.2 years4.7 years
Weighted-average incremental borrowing rate3.54 %3.64 %3.49 %3.64 %
For the fiscal years ended June 30,
20212020
(in millions)
Cash paid - Operating lease liabilities$184 $224 
Cash paid - Finance lease liabilities - principal30 
Cash paid - Finance lease liabilities - interest
Operating lease right-of-use assets obtained in exchange for operating lease liabilities25 225 
Schedule of future minimum lease payments under non-cancellable leases
Future minimum lease payments as of June 30, 2021 are as follows:
As of June 30, 2021
Operating LeasesFinance Leases
(in millions)
Fiscal 2022$185 $31 
Fiscal 2023171 29 
Fiscal 2024156 29 
Fiscal 2025143 17 
Fiscal 2026127 — 
Thereafter780 — 
Total future minimum lease payments$1,562 $106 
Less: interest(303)(6)
Present value of minimum payments$1,259 $100 
Schedule of future minimum lease payments
Future minimum lease payments as of June 30, 2021 are as follows:
As of June 30, 2021
Operating LeasesFinance Leases
(in millions)
Fiscal 2022$185 $31 
Fiscal 2023171 29 
Fiscal 2024156 29 
Fiscal 2025143 17 
Fiscal 2026127 — 
Thereafter780 — 
Total future minimum lease payments$1,562 $106 
Less: interest(303)(6)
Present value of minimum payments$1,259 $100