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Leases
3 Months Ended
Jul. 03, 2020
Leases [Abstract]  
Leases Leases
We lease certain of our facilities, equipment, and data center co-locations under operating leases that expire on various dates through fiscal 2028. Our leases generally have terms that range from 1 year to 10 years for our facilities, 1 year to 5 years for equipment, and 1 year to 5 years for data center co-locations. Some of our leases contain renewal options, escalation clauses, rent concessions, and leasehold improvement incentives.
The following summarizes our lease costs:
Three Months Ended
(In millions)July 3, 2020July 5, 2019
Operating lease costs$ $12  
Short-term lease costs  
Variable lease costs  
Total lease costs$ $20  
Other information related to our operating leases as of July 3, 2020 was as follows:
Weighted-average remaining lease term4.1 years
Weighted-average discount rate4.14 %
See Note 6 for additional cash flow information related to our operating leases.
As of July 3, 2020, the maturities of our lease liabilities by fiscal year are as follows:
(In millions)
Remainder of 2021$22  
202225  
202318  
202415  
2025 
Thereafter 
Total lease payments95  
Less: Imputed interest(8) 
Present value of lease liabilities$87