Leases (Tables)

12 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of Lease Costs

The following table summarizes the components of lease cost:

(in millions)	2024		2023		2022
Operating lease cost	$	120	$	112	$	117
Finance lease cost	39		31		23
Variable lease cost	31		21		13
Total lease cost	$	190	$	164	$	153

Leases Supplemental Balance Sheet Information

The following table summarizes supplemental balance sheet and other information related to leases at June 30:

(in millions)	2024			2023
Operating Leases
Operating lease right-of-use assets	$	475		$	435
Current portion of operating lease liabilities	117			100
Long-term operating lease liabilities	400			375
Total operating lease liabilities	517			475
Finance Leases
Finance lease right-of-use assets	102			82
Current portion of finance lease liabilities	33			27
Long-term finance lease liabilities	75			59
Total finance lease liabilities	$	108		$	86
Weighted-average remaining lease term (years)
Operating leases	5.5 years			5.7 years
Finance leases	4.1 years			4.1 years
Weighted-average discount rate
Operating leases	4.1		%	3.6		%
Finance leases	4.4		%	3.1		%

Leases Supplemental Cash Flow Information

The following table summarizes supplemental cash flow information related to leases:

(in millions)	2024		2023		2022
Cash paid for lease liabilities:
Operating cash flows paid for operating leases	$	124	$	119	$	123
Financing cash flows paid for finance leases	36		31		21
Non-cash right-of-use assets obtained in exchange for lease obligations:
New operating leases	143		75		101
New finance leases	55		42		28

Schedule of Future Lease Payments for Operating Leases

Future lease payments under non-cancellable leases as of June 30, 2024 were as follows:

(in millions)	Operating Leases		Finance Leases		Total
2025	$	134	$	37	$	171
2026	114		30		144
2027	96		22		118
2028	78		13		91
2029	52		7		59
Thereafter	102		9		111
Total future lease payments	576		118		694
Less: imputed interest	59		10		69
Total lease liabilities	$	517	$	108	$	625

Schedule of Future Lease Payments for Finance Leases

Future lease payments under non-cancellable leases as of June 30, 2024 were as follows:

(in millions)	Operating Leases		Finance Leases		Total
2025	$	134	$	37	$	171
2026	114		30		144
2027	96		22		118
2028	78		13		91
2029	52		7		59
Thereafter	102		9		111
Total future lease payments	576		118		694
Less: imputed interest	59		10		69
Total lease liabilities	$	517	$	108	$	625