v3.25.2
Leases and Other Commitments (Tables)
 12 Months Ended
Jun. 27, 2025
Leases [Abstract]  
Schedule of Lessee, Operating Leases, Supplemental Balance Sheet Disclosures
The following table presents right-of-use lease assets and lease liabilities included in the Company’s Consolidated Balance Sheets:
June 27,
2025		June 28,
2024
(in millions)
Operating lease right-of-use assets (included in Other non-current assets)
$123 $143 
Operating lease liabilities:
Current portion of long-term operating lease liabilities (included in Accrued expenses)
31 28 
Long-term operating lease liabilities (included in Other liabilities)
110 133 
Total operating lease liabilities
$141 $161 
Schedule of Lease, Cost
The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases:
202520242023
(in millions)
Cost of operating leases$33 $41 $49 
Cash paid for operating leases36 44 43 
Operating lease assets obtained in exchange for operating lease liabilities18 10 11 

The weighted average remaining lease term and discount rate for the Company’s operating leases were as follows:
June 27,
2025		June 28,
2024
Weighted average remaining lease term in years
6.16.6
Weighted average discount rate
5.0 %5.0 %
Lessee, Operating Lease, Liability, to be Paid, Maturity
As of June 27, 2025, minimum lease payments were as follows:
Lease Amounts
(in millions)
2026$36 
202730 
202823 
202918 
203012 
Thereafter46 
Total future minimum lease payments165 
Less: imputed interest
24 
Present value of lease liabilities$141 
Schedule of Long-term Purchase Agreements As of June 27, 2025, the Company had the following minimum long-term commitments:
Long-term Commitments
(in millions)
2026$50 
202726 
Total$76