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Leases and Other Commitments (Tables)
3 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Disclosures The following table summarizes supplemental balance sheet information related to operating leases as of September 30, 2022:
Lease Amounts
($ in millions)
Minimum lease payments by year:
Remaining nine months of 2023
$36 
202446 
202544 
202644 
202739 
Thereafter147 
Total future minimum lease payments356 
Less: Imputed interest51 
Present value of lease liabilities305 
Less: Current portion (included in Accrued expenses)
40 
Long-term operating lease liabilities (included in Other liabilities )
$265 
Operating lease right-of-use assets (included in Other non-current assets)
$288 
Weighted average remaining lease term in years8.2
Weighted average discount rate3.4 %
schedule of Supplemental Cash Flow Disclosures The following table summarizes supplemental disclosures of operating cost and cash flow information related to operating leases:
Three Months Ended
September 30,
2022
October 1,
2021
(in millions)
Cost of operating leases$14 $13 
Cash paid for operating leases14 12 
Operating lease assets obtained in exchange for operating lease liabilities112 
Schedule of Long-term Purchase Agreements As of September 30, 2022, the Company had the following minimum long-term commitments:
Long-Term Commitments
(in millions)
Year:
Remaining nine months of 2023
$385 
2024325 
2025180 
202653 
202746 
Thereafter150 
Total$1,139