diff --git a/.gitignore b/.gitignore
index 0973f04542e..a06ef3d110f 100644
--- a/.gitignore
+++ b/.gitignore
@@ -75,11 +75,14 @@ jspm_packages/
 .DS_Store
 .idea
 dist
-_ts3.4
 *.tsbuildinfo
 .watchmanconfig
 .rollup.cache
 
+# the downlevel-dts output folders
+_ts3.4
+_ts4.2
+
 # Files copied as part of the build
 packages/types/src/generated/**/*.ts
 
diff --git a/package.json b/package.json
index a031546d693..3f75a6f4cab 100644
--- a/package.json
+++ b/package.json
@@ -78,7 +78,7 @@
     "cross-env": "^7.0.3",
     "cross-fetch": "^3.1.5",
     "cspell": "^6.0.0",
-    "downlevel-dts": ">=0.10.0",
+    "downlevel-dts": "^0.11.0",
     "eslint": "^8.15.0",
     "eslint-plugin-deprecation": "^1.3.2",
     "eslint-plugin-eslint-comments": "^3.2.0",
diff --git a/packages/ast-spec/package.json b/packages/ast-spec/package.json
index a6316be9c13..741b4ae0d27 100644
--- a/packages/ast-spec/package.json
+++ b/packages/ast-spec/package.json
@@ -31,7 +31,7 @@
   "scripts": {
     "build": "tsc -b tsconfig.build.json && api-extractor run --local",
     "clean": "tsc -b tsconfig.build.json --clean",
-    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf .rollup.cache && rimraf coverage",
+    "postclean": "rimraf dist && rimraf coverage",
     "clean-fixtures": "rimraf -g \"./src/**/fixtures/**/snapshots\"",
     "format": "prettier --write \"./**/*.{ts,mts,cts,tsx,js,mjs,cjs,jsx,json,md,css}\" --ignore-path ../../.prettierignore",
     "lint": "nx lint",
diff --git a/packages/parser/package.json b/packages/parser/package.json
index 13981a2feee..3cdc77f5f09 100644
--- a/packages/parser/package.json
+++ b/packages/parser/package.json
@@ -6,7 +6,7 @@
   "types": "dist/index.d.ts",
   "files": [
     "dist",
-    "_ts3.4",
+    "_ts4.2",
     "README.md",
     "LICENSE"
   ],
@@ -33,9 +33,9 @@
   ],
   "scripts": {
     "build": "tsc -b tsconfig.build.json",
-    "postbuild": "downlevel-dts dist _ts3.4/dist",
+    "postbuild": "downlevel-dts dist _ts4.2/dist --to=4.2",
     "clean": "tsc -b tsconfig.build.json --clean",
-    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf coverage",
+    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf _ts4.2 && rimraf coverage",
     "format": "prettier --write \"./**/*.{ts,mts,cts,tsx,js,mjs,cjs,jsx,json,md,css}\" --ignore-path ../../.prettierignore",
     "lint": "nx lint",
     "test": "jest --coverage",
@@ -66,9 +66,9 @@
     "url": "https://opencollective.com/typescript-eslint"
   },
   "typesVersions": {
-    "<3.8": {
+    "<4.7": {
       "*": [
-        "_ts3.4/*"
+        "_ts4.2/*"
       ]
     }
   }
diff --git a/packages/scope-manager/package.json b/packages/scope-manager/package.json
index b273be553b0..d427d18d5ff 100644
--- a/packages/scope-manager/package.json
+++ b/packages/scope-manager/package.json
@@ -57,9 +57,9 @@
     "url": "https://opencollective.com/typescript-eslint"
   },
   "typesVersions": {
-    "<3.8": {
+    "<4.7": {
       "*": [
-        "_ts3.4/*"
+        "_ts4.2/*"
       ]
     }
   }
diff --git a/packages/scope-manager/project.json b/packages/scope-manager/project.json
index 9694ae86163..5d29f8634f4 100644
--- a/packages/scope-manager/project.json
+++ b/packages/scope-manager/project.json
@@ -6,14 +6,14 @@
   "targets": {
     "build": {
       "executor": "nx:run-commands",
-      "outputs": ["{projectRoot}/dist", "{projectRoot}/_ts3.4"],
+      "outputs": ["{projectRoot}/dist", "{projectRoot}/_ts4.2"],
       "options": {
         "parallel": false,
         "cwd": "packages/scope-manager",
         "commands": [
-          "rimraf _ts3.4",
+          "rimraf _ts4.2",
           "tsc -b tsconfig.build.json",
-          "downlevel-dts dist _ts3.4/dist"
+          "downlevel-dts dist _ts4.2/dist --to=4.2"
         ]
       }
     },
@@ -36,6 +36,7 @@
         "commands": [
           "tsc -b tsconfig.build.json --clean",
           "rimraf dist",
+          "rimraf _ts4.2",
           "rimraf _ts3.4",
           "rimraf coverage"
         ]
diff --git a/packages/type-utils/package.json b/packages/type-utils/package.json
index 1bb59c566f7..a8b583b7d9d 100644
--- a/packages/type-utils/package.json
+++ b/packages/type-utils/package.json
@@ -12,7 +12,7 @@
   },
   "files": [
     "dist",
-    "_ts3.4",
+    "_ts4.2",
     "package.json",
     "README.md",
     "LICENSE"
@@ -30,9 +30,9 @@
   "types": "dist/index.d.ts",
   "scripts": {
     "build": "tsc -b tsconfig.build.json",
-    "postbuild": "downlevel-dts dist _ts3.4/dist",
+    "postbuild": "downlevel-dts dist _ts4.2/dist --to=4.2",
     "clean": "tsc -b tsconfig.build.json --clean",
-    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf coverage",
+    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf _ts4.2 && rimraf coverage",
     "format": "prettier --write \"./**/*.{ts,mts,cts,tsx,js,mjs,cjs,jsx,json,md,css}\" --ignore-path ../../.prettierignore",
     "lint": "nx lint",
     "test": "jest --coverage",
@@ -61,9 +61,9 @@
     "url": "https://opencollective.com/typescript-eslint"
   },
   "typesVersions": {
-    "<3.8": {
+    "<4.7": {
       "*": [
-        "_ts3.4/*"
+        "_ts4.2/*"
       ]
     }
   }
diff --git a/packages/types/package.json b/packages/types/package.json
index 003bfdd69ea..5103591ab95 100644
--- a/packages/types/package.json
+++ b/packages/types/package.json
@@ -12,7 +12,7 @@
   },
   "files": [
     "dist",
-    "_ts3.4",
+    "_ts4.2",
     "package.json",
     "README.md",
     "LICENSE"
@@ -31,9 +31,9 @@
   "scripts": {
     "prebuild": "yarn tsx ./tools/copy-ast-spec.ts",
     "build": "tsc -b tsconfig.build.json",
-    "postbuild": "downlevel-dts dist _ts3.4/dist",
+    "postbuild": "downlevel-dts dist _ts4.2/dist --to=4.2",
     "clean": "tsc -b tsconfig.build.json --clean",
-    "postclean": "rimraf dist && rimraf src/generated && rimraf _ts3.4 && rimraf coverage",
+    "postclean": "rimraf dist && rimraf src/generated && rimraf _ts3.4 && rimraf _ts4.2 && rimraf coverage",
     "format": "prettier --write \"./**/*.{ts,mts,cts,tsx,js,mjs,cjs,jsx,json,md,css}\" --ignore-path ../../.prettierignore",
     "generate:lib": "yarn tsx ../scope-manager/tools/generate-lib.ts",
     "lint": "nx lint",
@@ -71,9 +71,9 @@
     "url": "https://opencollective.com/typescript-eslint"
   },
   "typesVersions": {
-    "<3.8": {
+    "<4.7": {
       "*": [
-        "_ts3.4/*"
+        "_ts4.2/*"
       ]
     }
   },
diff --git a/packages/typescript-estree/package.json b/packages/typescript-estree/package.json
index 4414257fee6..99465452fbc 100644
--- a/packages/typescript-estree/package.json
+++ b/packages/typescript-estree/package.json
@@ -6,7 +6,7 @@
   "types": "dist/index.d.ts",
   "files": [
     "dist",
-    "_ts3.4",
+    "_ts4.2",
     "README.md",
     "LICENSE"
   ],
@@ -33,9 +33,9 @@
   ],
   "scripts": {
     "build": "tsc -b tsconfig.build.json",
-    "postbuild": "downlevel-dts dist _ts3.4/dist",
+    "postbuild": "downlevel-dts dist _ts4.2/dist --to=4.2",
     "clean": "tsc -b tsconfig.build.json --clean",
-    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf coverage",
+    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf _ts4.2 && rimraf coverage",
     "format": "prettier --write \"./**/*.{ts,mts,cts,tsx,js,mjs,cjs,jsx,json,md,css}\" --ignore-path ../../.prettierignore",
     "lint": "nx lint",
     "test": "jest --coverage",
@@ -75,9 +75,9 @@
     "url": "https://opencollective.com/typescript-eslint"
   },
   "typesVersions": {
-    "<3.8": {
+    "<4.7": {
       "*": [
-        "_ts3.4/*"
+        "_ts4.2/*"
       ]
     }
   }
diff --git a/packages/utils/package.json b/packages/utils/package.json
index 03834aa07a3..a1bb5059594 100644
--- a/packages/utils/package.json
+++ b/packages/utils/package.json
@@ -12,7 +12,7 @@
   },
   "files": [
     "dist",
-    "_ts3.4",
+    "_ts4.2",
     "package.json",
     "README.md",
     "LICENSE"
@@ -30,9 +30,9 @@
   "types": "dist/index.d.ts",
   "scripts": {
     "build": "tsc -b tsconfig.build.json",
-    "postbuild": "downlevel-dts dist _ts3.4/dist",
+    "postbuild": "downlevel-dts dist _ts4.2/dist --to=4.2",
     "clean": "tsc -b tsconfig.build.json --clean",
-    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf coverage",
+    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf _ts4.2 && rimraf coverage",
     "format": "prettier --write \"./**/*.{ts,mts,cts,tsx,js,mjs,cjs,jsx,json,md,css}\" --ignore-path ../../.prettierignore",
     "lint": "nx lint",
     "test": "jest --coverage",
@@ -60,9 +60,9 @@
     "url": "https://opencollective.com/typescript-eslint"
   },
   "typesVersions": {
-    "<3.8": {
+    "<4.7": {
       "*": [
-        "_ts3.4/*"
+        "_ts4.2/*"
       ]
     }
   }
diff --git a/packages/visitor-keys/package.json b/packages/visitor-keys/package.json
index d4e7a2f0f16..6eb181ac620 100644
--- a/packages/visitor-keys/package.json
+++ b/packages/visitor-keys/package.json
@@ -12,7 +12,7 @@
   },
   "files": [
     "dist",
-    "_ts3.4",
+    "_ts4.2",
     "package.json",
     "README.md",
     "LICENSE"
@@ -30,9 +30,9 @@
   "types": "dist/index.d.ts",
   "scripts": {
     "build": "tsc -b tsconfig.build.json",
-    "postbuild": "downlevel-dts dist _ts3.4/dist",
+    "postbuild": "downlevel-dts dist _ts4.2/dist --to=4.2",
     "clean": "tsc -b tsconfig.build.json --clean",
-    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf coverage",
+    "postclean": "rimraf dist && rimraf _ts3.4 && rimraf _ts4.2 && rimraf coverage",
     "format": "prettier --write \"./**/*.{ts,mts,cts,tsx,js,mjs,cjs,jsx,json,md,css}\" --ignore-path ../../.prettierignore",
     "lint": "nx lint",
     "test": "jest --coverage",
@@ -50,9 +50,9 @@
     "url": "https://opencollective.com/typescript-eslint"
   },
   "typesVersions": {
-    "<3.8": {
+    "<4.7": {
       "*": [
-        "_ts3.4/*"
+        "_ts4.2/*"
       ]
     }
   }
diff --git a/yarn.lock b/yarn.lock
index 4ab54a03fc5..013601dd9cc 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -4343,6 +4343,61 @@
   dependencies:
     "@types/yargs-parser" "*"
 
+"@typescript-eslint/experimental-utils@^5.0.0":
+  version "5.52.0"
+  resolved "https://registry.yarnpkg.com/@typescript-eslint/experimental-utils/-/experimental-utils-5.52.0.tgz#cc79b91ea62f43bb5e9bec2d94a7df513220e9df"
+  integrity sha512-kd8CRr04mNE3hw4et6+0T0NI5vli2H6dJCGzjX1r12s/FXUehLVadmvo2Nl3DN80YqAh1cVC6zYZAkpmGiVJ5g==
+  dependencies:
+    "@typescript-eslint/utils" "5.52.0"
+
+"@typescript-eslint/scope-manager@5.52.0":
+  version "5.52.0"
+  resolved "https://registry.yarnpkg.com/@typescript-eslint/scope-manager/-/scope-manager-5.52.0.tgz#a993d89a0556ea16811db48eabd7c5b72dcb83d1"
+  integrity sha512-AR7sxxfBKiNV0FWBSARxM8DmNxrwgnYMPwmpkC1Pl1n+eT8/I2NAUPuwDy/FmDcC6F8pBfmOcaxcxRHspgOBMw==
+  dependencies:
+    "@typescript-eslint/types" "5.52.0"
+    "@typescript-eslint/visitor-keys" "5.52.0"
+
+"@typescript-eslint/types@5.52.0":
+  version "5.52.0"
+  resolved "https://registry.yarnpkg.com/@typescript-eslint/types/-/types-5.52.0.tgz#19e9abc6afb5bd37a1a9bea877a1a836c0b3241b"
+  integrity sha512-oV7XU4CHYfBhk78fS7tkum+/Dpgsfi91IIDy7fjCyq2k6KB63M6gMC0YIvy+iABzmXThCRI6xpCEyVObBdWSDQ==
+
+"@typescript-eslint/typescript-estree@5.52.0":
+  version "5.52.0"
+  resolved "https://registry.yarnpkg.com/@typescript-eslint/typescript-estree/-/typescript-estree-5.52.0.tgz#6408cb3c2ccc01c03c278cb201cf07e73347dfca"
+  integrity sha512-WeWnjanyEwt6+fVrSR0MYgEpUAuROxuAH516WPjUblIrClzYJj0kBbjdnbQXLpgAN8qbEuGywiQsXUVDiAoEuQ==
+  dependencies:
+    "@typescript-eslint/types" "5.52.0"
+    "@typescript-eslint/visitor-keys" "5.52.0"
+    debug "^4.3.4"
+    globby "^11.1.0"
+    is-glob "^4.0.3"
+    semver "^7.3.7"
+    tsutils "^3.21.0"
+
+"@typescript-eslint/utils@5.52.0":
+  version "5.52.0"
+  resolved "https://registry.yarnpkg.com/@typescript-eslint/utils/-/utils-5.52.0.tgz#b260bb5a8f6b00a0ed51db66bdba4ed5e4845a72"
+  integrity sha512-As3lChhrbwWQLNk2HC8Ree96hldKIqk98EYvypd3It8Q1f8d5zWyIoaZEp2va5667M4ZyE7X8UUR+azXrFl+NA==
+  dependencies:
+    "@types/json-schema" "^7.0.9"
+    "@types/semver" "^7.3.12"
+    "@typescript-eslint/scope-manager" "5.52.0"
+    "@typescript-eslint/types" "5.52.0"
+    "@typescript-eslint/typescript-estree" "5.52.0"
+    eslint-scope "^5.1.1"
+    eslint-utils "^3.0.0"
+    semver "^7.3.7"
+
+"@typescript-eslint/visitor-keys@5.52.0":
+  version "5.52.0"
+  resolved "https://registry.yarnpkg.com/@typescript-eslint/visitor-keys/-/visitor-keys-5.52.0.tgz#e38c971259f44f80cfe49d97dbffa38e3e75030f"
+  integrity sha512-qMwpw6SU5VHCPr99y274xhbm+PRViK/NATY6qzt+Et7+mThGuFSl/ompj2/hrBlRP/kq+BFdgagnOSgw9TB0eA==
+  dependencies:
+    "@typescript-eslint/types" "5.52.0"
+    eslint-visitor-keys "^3.3.0"
+
 "@webassemblyjs/ast@1.11.1":
   version "1.11.1"
   resolved "https://registry.yarnpkg.com/@webassemblyjs/ast/-/ast-1.11.1.tgz#2bfd767eae1a6996f432ff7e8d7fc75679c0b6a7"
@@ -6638,10 +6693,10 @@ dotenv@~10.0.0:
   resolved "https://registry.yarnpkg.com/dotenv/-/dotenv-10.0.0.tgz#3d4227b8fb95f81096cdd2b66653fb2c7085ba81"
   integrity sha512-rlBi9d8jpv9Sf1klPjNfFAuWDjKLwTIJJ/VxtoTwIR6hnZxcEOQCZg2oIL3MWBYw5GpUDKOEnND7LXTbIpQ03Q==
 
-downlevel-dts@>=0.10.0:
-  version "0.10.0"
-  resolved "https://registry.yarnpkg.com/downlevel-dts/-/downlevel-dts-0.10.0.tgz#d2be7b4408a1f9eb3a39e15a361f8ea4f175facc"
-  integrity sha512-AZ7tnUy4XJArsjv6Bcuivvxx+weMvOGHF6seu7e7PVOqMDHMSlfgMl1kt+F4Y2+5TmDwKWHOdimM1DZKihQs8Q==
+downlevel-dts@^0.11.0:
+  version "0.11.0"
+  resolved "https://registry.yarnpkg.com/downlevel-dts/-/downlevel-dts-0.11.0.tgz#514a2d723009c5845730c1db6c994484c596ed9c"
+  integrity sha512-vo835pntK7kzYStk7xUHDifiYJvXxVhUapt85uk2AI94gUUAQX9HNRtrcMHNSc3YHJUEHGbYIGsM99uIbgAtxw==
   dependencies:
     semver "^7.3.2"
     shelljs "^0.8.3"