Debt (Tables)

12 Months Ended

Jun. 29, 2018

Debt Disclosure [Abstract]

Schedule of Debt

Debt consisted of the following as of June 29, 2018 and June 30, 2017:

	June 29, 2018			June 30, 2017
	(in millions)
0.50% convertible senior notes due 2020	$	35		$	35
Revolving credit facility maturing 2023	500			—
Variable interest rate Term Loan A maturing 2021	—			4,125
Variable interest rate Term Loan A-1 maturing 2023	4,991			—
Variable interest rate U.S. Term Loan B-2 maturing 2023	—			2,970
Variable interest rate U.S. Term Loan B-4 maturing 2023	2,449			—
Variable interest rate Euro Term Loan B-2 maturing 2023(1)	—			1,001
7.375% senior secured notes due 2023	—			1,875
1.50% convertible notes due 2024	1,100			—
10.50% senior unsecured notes due 2024	—			3,350
4.750% senior unsecured notes due 2026	2,300			—
Total debt	11,375			13,356
Issuance costs and debt discounts	(203		)	(205		)
Subtotal	11,172			13,151
Less current portion of long-term debt	(179		)	(233		)
Long-term debt	$	10,993		$	12,918

⁽¹⁾  Euro Term Loan B-2 outstanding principal amount as of June 30, 2017 was based upon the Euro to U.S. dollar exchange rate as of that date.

Schedule of Maturities of Debt

As of June 29, 2018, annual future debt payments were as follows:

	Future Debt Payments
	(in millions)
Fiscal year
2019	$	179
2020	278
2021	311
2022	276
2023	6,931
2024 and thereafter	3,400
Total debt maturities	11,375
Issuance costs and debt discounts	(203		)
Net carrying value	$	11,172