v3.25.2
Stock Repurchase Program (Tables)
 12 Months Ended
Jun. 29, 2025
Equity [Abstract]  
Schedule of Repurchases Under Repurchase Program
Repurchases under the repurchase program were as follows during the periods indicated:
PeriodTotal Number
of Shares
Repurchased
Total
Cost of
Repurchase (3)
Average
Price Paid
Per Share (1,3)
Amount Available
Under Repurchase
Program
 (in thousands, except per share data)
Available balance as of June 30, 2024$10,824,660 
Quarter ended September 29, 202411,952 $1,003,654 $83.97 $9,821,006 
Quarter ended December 29, 20248,336 $650,445 $78.03 $9,170,561 
Quarter ended March 30, 20254,448 $346,549 $77.91 $8,824,012 
Quarter ended June 29, 202515,763 (2)$1,306,828 $76.18 $7,517,184 
(1)    Average price paid per share excludes the effect of accelerated share repurchase activities. See additional disclosure below regarding the Company’s accelerated share repurchase activity during the fiscal year.
(2)    Includes shares received at initial settlement of accelerated share repurchase agreements; see additional disclosures below regarding the Company’s accelerated share repurchase activity during the fiscal year.
(3)    The Company’s net share repurchases are subject to a 1% excise tax under the Inflation Reduction Act. Excise tax incurred reduces the amount available under the repurchase program, as applicable, and is included in the cost of shares repurchased in the Consolidated Statement of Stockholders’ Equity and the calculation of the average price paid per share.