v3.22.2.2
Long-Term Obligations and Other Short-Term Borrowings (Tables)
 12 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
Long-term obligations and short-term borrowings consist of the following at June 30, 2022 and June 30, 2021:
(Dollars in millions)
Maturity as of June 30, 2022
June 30, 2022June 30, 2021
Senior secured credit facilities
Term loan facility B-3February 20281,433 997 
5.000% senior notes due 2027July 2027500 500 
2.375% euro senior notes due 2028(1)
March 2028874 984 
3.125% senior notes due 2029February 2029550 550 
3.500% senior notes due 2030April 2030650 — 
Deferred purchase consideration— 50 
Financing lease obligations2022 to 2120234 193 
Other obligations2022 to 20282 3 
Unamortized discount and debt issuance costs(41)(36)
Total debt4,202 3,241 
Less: current portion of long-term obligations and other short-term
     borrowings		31 75 
Long-term obligations, less current portion $4,171 $3,166 
(1) The decrease in euro-denominated debt at June 30, 2022 compared to the prior year is primarily due to fluctuations in foreign currency exchange rates.
Maturities of long-term obligations Maturities of long-term obligations, including finance leases of $234 million, and other short-term borrowings for future fiscal years are:
(Dollars in millions)20232024202520262027ThereafterTotal
Maturities of long-term and other obligations$31 $31 $29 $26 $27 $4,099 $4,243 
Fair Value Disclosures [Abstract]  
Schedule Of Carrying And Fair Value Of Financial Instruments Table The carrying amounts and the estimated fair values of financial instruments as of June 30, 2022 and June 30, 2021 are as follows:
June 30, 2022June 30, 2021
(Dollars in millions)Fair Value Measurement
Carrying
Value
Estimated Fair
Value
Carrying
Value
Estimated Fair
Value
5.000% Senior Notes due 2027Level 2$500 $483 $500 $539 
2.375% euro Senior Notes due 2028Level 2874 744 984 993 
3.125% Senior Notes due 2029Level 2550 476 550 524 
3.500% senior notes due 2030Level 2650 561 — — 
Senior secured credit facilities & otherLevel 21,669 1,575 1,243 1,209 
Subtotal$4,243 $3,839 $3,277 $3,265 
Debt issuance costs(41)— (36)— 
Total debt$4,202 $3,839 $3,241 $3,265