v3.26.1
Property and Equipment
12 Months Ended
Jun. 28, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net, is presented in the table below.
June 28,
2026
June 29,
2025
(in thousands)
Manufacturing and engineering equipment$2,559,970 $2,219,207 
Buildings and improvements2,289,208 1,914,570 
Computer and computer-related equipment192,354 182,439 
Land264,507 166,207 
Office equipment, furniture and fixtures114,797 92,740 
5,420,836 4,575,163 
Less: accumulated depreciation and amortization(2,484,833)(2,169,641)
$2,936,003 $2,405,522 
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 2026, 2025, and 2024 was $383.9 million, $329.5 million, and $299.0 million, respectively.