v3.26.1
SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Jun. 27, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Black-Scholes Option Model Assumption
The weighted average assumptions discussed above are noted in the table below for relevant periods as follows:
202620252024
Dividend yield2.9 %2.8 %2.6 %
Expected volatility27.1 %26.6 %27.2 %
Risk-free interest rate4.0 %3.7 %4.1 %
Expected Life6.2 years6.6 years6.6 years
Schedule of Option Roll Forward and Other Disclosures
The following summary presents information regarding outstanding options as of June 27, 2026 and changes during the fiscal year then ended with regard to options under all stock incentive plans:
Shares Under OptionWeighted Average Exercise Price Per ShareWeighted Average Remaining Contractual Term (in years)Aggregate Intrinsic Value
(in millions)
Outstanding as of June 28, 20257,858,733 $69.31 
Granted726,016 80.96 
Exercised1,731,187 58.43 
Forfeited285,712 78.64 
Expired— — 
Outstanding as of June 27, 20266,567,850 $73.06 4.65$66 
Expected to vest as of June 27, 20261,102,433 78.22 8.505 
Exercisable as of June 27, 20265,427,010 $71.97 3.84$60 
Schedule of Non-Vested Awards
The following summary presents information regarding outstanding non-vested awards as of June 27, 2026 and changes during the fiscal year then ended with regard to these awards under the stock incentive plans. Award types represented include restricted stock units granted to employees, restricted awards granted to non-employee directors and PSUs.
SharesWeighted Average Grant Date Fair Value Per Share
Non-vested as of June 28, 20252,477,757 $81.95 
Granted1,818,830 78.93 
Vested(791,622)77.10 
Forfeited(496,295)79.49 
Non-vested as of June 27, 20263,008,670 $81.81