Long-Term Debt (Tables)

6 Months Ended

Dec. 29, 2017

Debt Disclosure [Abstract]

Summary of Long-term Debt

Long-term debt is summarized below:

	December 29, 2017			June 30, 2017
	(In millions)
Variable-rate debt:
Term loan, 3-year tranche, due May 29, 2018	$	20		$	36
Term loan, 5-year tranche, due May 29, 2020	—			269
Floating rate notes, due April 30, 2020	250			—
Total variable-rate debt	270			305
Fixed-rate debt:
1.999% notes, due April 27, 2018	500			500
2.7% notes, due April 27, 2020	400			400
4.4% notes, due December 15, 2020	400			400
5.55% notes, due October 1, 2021	400			400
3.832% notes, due April 27, 2025	600			600
7.0% debentures, due January 15, 2026	100			100
6.35% debentures, due February 1, 2028	26			26
4.854% notes, due April 27, 2035	400			400
6.15% notes, due December 15, 2040	300			300
5.054% notes, due April 27, 2045	500			500
Other	14			14
Total fixed-rate debt	3,640			3,640
Total debt	3,910			3,945
Plus: unamortized bond premium	27			29
Less: unamortized discounts and issuance costs	(23		)	(24		)
Total debt, net	3,914			3,950
Less: current portion of long-term debt	(523		)	(554		)
Total long-term debt, net	$	3,391		$	3,396