Property and Equipment

12 Months Ended

Jun. 29, 2025

Property, Plant and Equipment [Abstract]

Property and equipment, net, is presented in the table below.


	June 29, 2025		June 30, 2024
	(in thousands)
Manufacturing and engineering equipment	$	2,219,207	$	1,956,478
Buildings and improvements	1,914,570		1,605,802
Computer and computer-related equipment	182,439		178,941
Land	166,207		163,796
Office equipment, furniture and fixtures	92,740		85,629

	4,575,163		3,990,646
Less: accumulated depreciation and amortization	(2,169,641)		(1,860,664)
	$	2,405,522	$	2,129,982

The Company has excluded an immaterial value of finance right of use assets recorded within property and equipment, net from the table above. Depreciation expense during fiscal years 2025, 2024, and 2023 was $329.5 million, $299.0 million, and $282.8 million, respectively.