v3.26.1
Debt (Tables)
12 Months Ended
Jun. 27, 2026
Debt  
Short-term debt

Short-term debt consists of the following (carrying balances in thousands):

June 27,

June 28,

June 27,

June 28,

2026

  ​ ​

2025

  ​ ​

2026

  ​ ​

2025

Interest Rate

Carrying Balance

 

Accounts receivable securitization program

4.49

%

$

500,000

Term loan - current portion

4.07

%

89,806

Other short-term debt

4.49

%

5.17

%

 

144,146

 

87,284

Short-term debt

$

733,952

$

87,284

Long-term debt

Long-term debt consists of the following (carrying balances in thousands):

June 27,

June 28,

June 27,

June 28,

2026

  ​ ​ ​

2025

  ​

2026

  ​

2025

Interest Rate

Carrying Balance

 

Accounts receivable securitization program

5.18

%

$

$

500,000

Credit Facility (due January 2030)

4.82

%

5.46

%

557,000

411,586

Term loan - noncurrent portion

4.17

%

173,925

Other long-term debt

4.74

%

4.74

%

18,481

21,975

Public notes due:

April 2026 (1)

4.63

%

550,000

March 2028

6.25

%

6.25

%

 

500,000

 

500,000

September 2030 (Convertible Notes)

1.75

%

650,000

May 2031

3.00

%

3.00

%

300,000

300,000

June 2032

5.50

%

5.50

%

300,000

300,000

Long-term debt before discount and debt issuance costs

 

2,499,406

 

2,583,561

Discount and debt issuance costs – unamortized

 

(20,542)

 

(8,832)

Long-term debt

$

2,478,864

$

2,574,729

(1)As of June 28, 2025, the Company classified its $550 million of 4.63% Notes due April 2026 as long-term debt based on its ability and intent to refinance these notes on a long-term basis.
Aggregate debt maturities

Aggregate debt maturities for the next five fiscal years and thereafter are as follows (in thousands):

2027

  ​ ​ ​

$

733,952

2028

 

592,763

2029

 

87,076

2030

 

559,957

2031

 

952,957

Thereafter

 

306,653

Subtotal

 

3,233,358

Discount and debt issuance costs – unamortized

 

(20,542)

Total debt

$

3,212,816