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LEASES AND OTHER COMMITMENTS
12 Months Ended
Jun. 30, 2017
LEASES AND OTHER COMMITMENTS [Abstract]  
LEASES AND OTHER COMMITMENTS
LEASES AND OTHER COMMITMENTS
The Company leases various property, plant, and equipment including office, warehousing, manufacturing and research and development facilities, in addition to certain manufacturing and information technology equipment. The Company expects that, in the normal course of business, existing contracts will be renewed or replaced by other leases. Rental expense for all operating leases was $84, $77 and $76 in fiscal years 2017, 2016 and 2015, respectively.
The future minimum annual lease payments required under the Company’s existing non-cancelable operating and capital lease agreements as of June 30, 2017, were as follows:
Year
Operating
leases
 
Capital
leases
2018
$
52

 
$
2

2019
46

 
1

2020
41

 

2021
37

 

2022
32

 

Thereafter
137

 

Total
$
345

 
$
3


The Company is also a party to certain purchase obligations, which are defined as purchase agreements that are enforceable and legally binding and that contain specified or determinable significant terms, including quantity, price and the approximate timing of the transaction. Examples of the Company’s purchase obligations include contracts to purchase raw materials, commitments to contract manufacturers, commitments for information technology and related services, advertising contracts, capital expenditure agreements, software acquisition and license commitments and service contracts. The Company enters into purchase obligations based on expectations of future business needs. For purchase obligations subject to variable price and/or quantity provisions, an estimate of the price and/or quantity has been made. Many of these purchase obligations are short term in nature and are flexible to allow for changes in the Company’s business and related requirements. As of June 30, 2017, the Company’s purchase obligations were as follows:
Year
Purchase
Obligations
2018
$
158

2019
70

2020
36

2021
20

2022
13

Thereafter
21

Total
$
318