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Leases
12 Months Ended
Jun. 28, 2014
Leases
Leases
The company leases certain facilities, equipment and vehicles under agreements that are classified as either operating or capital leases. The building leases have original terms that range from 10 to 15 years, while the equipment and vehicle leases have terms of generally less than seven years.
 
In millions
June 28, 2014
 
June 29, 2013
Gross book value of capital lease assets included in property
$
3

 
$
3

Net book value of capital lease assets included in property

 


Future minimum payments, by year and in the aggregate, under capital leases are less than $1 million at June 28, 2014. Future minimum payments, by year end in the aggregate, under noncancelable operating leases having an original term greater than one year at June 28, 2014 were as follows: 
In millions
Operating Leases

2015
$
21

2016
15

2017
13

2018
12

2019
11

Thereafter
88

Total minimum lease payments
$
160


 
In millions
2014
 
2013
 
2012
Depreciation of capital lease assets
$

 
$
2

 
$
1

Rental expense under operating leases
23

 
23

 
22