Leases (Tables)

12 Months Ended

Jun. 30, 2023

Leases [Abstract]

Schedule of Lease Costs

The following table summarizes the components of lease cost:

(in millions)	2023		2022		2021
Operating lease cost	$	112	$	117	$	119
Finance lease cost	31		23		16
Variable lease cost	21		13		24
Total lease cost	$	164	$	153	$	159

Leases Supplemental Balance Sheet Information

The following table summarizes supplemental balance sheet and other information related to leases at June 30:

(in millions)	2023			2022
Operating Leases
Operating lease right-of-use assets	$	435		$	457
Current portion of operating lease liabilities	100			102
Long-term operating lease liabilities	375			388
Total operating lease liabilities	475			490
Finance Leases
Finance lease right-of-use assets	82			68
Current portion of finance lease liabilities	27			23
Long-term finance lease liabilities	59			49
Total finance lease liabilities	$	86		$	72
Weighted-average remaining lease term (years)
Operating leases	5.7 years			6.0 years
Finance leases	4.1 years			4.1 years
Weighted-average discount rate
Operating leases	3.6		%	3.0		%
Finance leases	3.1		%	1.8		%

Leases Supplemental Cash Flow Information

The following table summarizes supplemental cash flow information related to leases:

(in millions)	2023		2022		2021
Cash paid for lease liabilities:
Operating cash flows paid for operating leases	$	119	$	123	$	115
Financing cash flows paid for finance leases	31		21		15
Non-cash right-of-use assets obtained in exchange for lease obligations:
New operating leases	75		101		138
New finance leases	42		28		45

Schedule of Future Lease Payments for Operating Leases

Future lease payments under non-cancellable leases as of June 30, 2023 were as follows:

(in millions)	Operating Leases		Finance Leases		Total
2024	$	113	$	28	$	141
2025	103		24		127
2026	86		17		103
2027	68		10		78
2028	55		6		61
Thereafter	97		7		104
Total future lease payments	522		92		614
Less: imputed interest	47		6		53
Total lease liabilities	$	475	$	86	$	561

Schedule of Future Lease Payments for Finance Leases

Future lease payments under non-cancellable leases as of June 30, 2023 were as follows:

(in millions)	Operating Leases		Finance Leases		Total
2024	$	113	$	28	$	141
2025	103		24		127
2026	86		17		103
2027	68		10		78
2028	55		6		61
Thereafter	97		7		104
Total future lease payments	522		92		614
Less: imputed interest	47		6		53
Total lease liabilities	$	475	$	86	$	561