Leases (Tables)

6 Months Ended

Dec. 31, 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 December 31, 2019
	(in millions)
ROU assets	$	533
Lease liabilities
Current lease liabilities	$	142
Non-current lease liabilities		429
Total lease liabilities	$	571
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 December 31, 2019		For the six months ended December 31, 2019
	(in millions)
Lease costs
Total lease costs(a)	$	31	$	61
Supplemental cash flows information
Operating cash flows from operating leases	$	43	$	81

^(a) Total lease costs of $31 million and $61 million for the three and six months ended December 31, 2019, respectively, are net of sublease income of approximately $15 million and $25 million, respectively.

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 December 31, 2019
	(in millions)
Fiscal Year
2020	$	80
2021		126
2022		91
2023		86
2024		82
Thereafter		194
Total lease payments(a)		659
Less: imputed interest		(88	)
Present value of operating lease liabilities	$	571

^(a) In addition to the total lease payments presented above, the Company has a lease for an office facility with total lease payments of approximately $55 million that has not yet commenced as of December 31, 2019.