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Debt (Tables)
12 Months Ended
Jul. 01, 2016
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consisted of the following as of July 1, 2016 and July 3, 2015: 
 
July 1,
2016
 
July 3,
2015
 
(in millions)
Variable interest rate term loan maturing 2019
$

 
$
2,312

Variable interest rate term loan maturing 2021 (Term Loan A)
4,125

 

Variable interest rate USD term loan maturing 2023 (U.S. Term Loan B)
3,750

 

Variable interest rate Euro term loan maturing 2023 (Euro Term Loan B)(1)
987

 

7.375% senior secured notes due 2023
1,875

 

10.500% senior unsecured notes due 2024
3,350

 

Convertible senior notes
439

 

Bridge loans
3,000

 

Total debt
17,526

 
2,312

Issuance costs and debt discounts
(532
)
 
(11
)
Subtotal
16,994

 
2,301

Less bridge loans and current portion of long-term debt
(3,334
)
 
(152
)
Long-term debt
$
13,660

 
$
2,149


 
 
(1) 
Euro Term Loan B principal amount was based upon the Euro exchange rate as of July 1, 2016.
Debt Maturities Schedule
As of July 1, 2016, annual debt maturities were as follows:
Fiscal Years
 
Debt Maturities
 
 
(in millions)
2017
 
$
3,424

2018
 
254

2019
 
357

2020
 
460

2021
 
3,306

Thereafter
 
9,725

Total
 
17,526

Issuance costs and debt discounts
 
(532
)
Net carrying value
 
$
16,994