Leases (Tables)

3 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of Lessee Operating Lease Components of Balance Sheet and Other Supplemental Information

The following amounts were recorded in the Company’s Balance Sheet relating to its operating leases and other supplemental information:

	As of September 30, 2019
	(in millions)
ROU assets	$	560
Lease liabilities
Current lease liabilities	$	145
Non-current lease liabilities		460
Total lease liabilities	$	605
Other supplemental information
Weighted average remaining lease term	7 years
Weighted average discount rate		3	%

Summary of Lease Costs and Supplemental Cash Flows Information

The following table presents information about the Company’s lease costs and supplemental cash flows information for leases:

	For the three months ended September 30, 2019
	(in millions)
Lease costs
Total lease costs(a)	$	30
Supplemental cash flows information
Operating cash flows from operating leases	$	38

^(a) Total lease costs of $30 million are net of sublease income of approximately $10 million.

Schedule of lease payments relating to the Company’s operating leases

The following table presents the lease payments relating to the Company’s operating leases:

	As of September 30, 2019
	(in millions)
Fiscal Year
2020	$	119
2021		123
2022		91
2023		86
2024		82
Thereafter		194
Total lease payments(a)		695
Less: imputed interest		(90	)
Present value of operating lease liabilities	$	605

^(a) In addition to the total lease payments presented above, the Company has a lease for an office facility with lease payments of approximately $55 million that has not yet commenced as of September 30, 2019.