XML 58 R43.htm IDEA: XBRL DOCUMENT v3.23.2
Leases (Tables)
12 Months Ended
Jun. 30, 2023
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,
202320222021
Income Statement Location(in millions)
Operating lease costsSelling, general and administrative$121 $125 $135 
Operating lease costsOperating expenses32 36 37 
Finance lease costsDepreciation and amortization25 27 27 
Finance lease costsInterest expense, net
Short term lease costsOperating expenses16 12 15 
Variable lease costsSelling, general and administrative24 24 28 
Total lease costs$220 $227 $246 
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, 2023As of June 30, 2022
Operating LeasesFinance LeasesOperating LeasesFinance Leases
Weighted-average remaining lease term13.7 years1.8 years11.0 years2.8 years
Weighted-average incremental borrowing rate5.11 %3.64 %3.56 %3.64 %
For the fiscal years ended June 30,
202320222021
(in millions)
Cash paid - Operating lease liabilities$172 $182 $184 
Cash paid - Finance lease liabilities - principal24 27 30 
Cash paid - Finance lease liabilities - interest
Operating lease right-of-use assets obtained in exchange for operating lease liabilities248 72 25 
Schedule of future minimum lease payments under non-cancellable leases
Future minimum lease payments as of June 30, 2023 are as follows:
As of June 30, 2023
Operating LeasesFinance Leases
(in millions)
Fiscal 2024$169 $28 
Fiscal 2025158 15 
Fiscal 2026141 — 
Fiscal 2027137 — 
Fiscal 2028100 — 
Thereafter1,084 — 
Total future minimum lease payments$1,789 $43 
Less: interest(549)(1)
Present value of minimum payments$1,240 $42 
Schedule of future minimum lease payments
Future minimum lease payments as of June 30, 2023 are as follows:
As of June 30, 2023
Operating LeasesFinance Leases
(in millions)
Fiscal 2024$169 $28 
Fiscal 2025158 15 
Fiscal 2026141 — 
Fiscal 2027137 — 
Fiscal 2028100 — 
Thereafter1,084 — 
Total future minimum lease payments$1,789 $43 
Less: interest(549)(1)
Present value of minimum payments$1,240 $42