Downgrade Java 8 streams to Java 7 loops in Intellij IDEA

Yes, IntelliJ has "Replace Stream API chain with loop" refactor option. It pops up after pressing Alt+Enter after placing cursor on the Arrays.stream() method:

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It will produce code like:

long count = 0L;
long limit = 2;
Set<Integer> uniqueValues = new HashSet<>();
for (int i : new int[]{1, 2, 3}) {
    if (uniqueValues.add(i)) {
        if (limit-- == 0) break;
        count++;
    }
}
System.out.println(count);

For the option to work the project language level has to be 8 or higher.