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EQUITY-BASED COMPENSATION PLANS (Tables) | 9 Months Ended
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Mar. 30, 2014
Recognized Equity Based Compensation Expenses and Related Income Tax Benefit | The Company recognized the following equity-based compensation expense and related income tax benefit in the Condensed Consolidated Statements of Operations:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 30, |  |  | March 31, |  |  | March 30, |  |  | March 31, |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
|  | (in millions) |
Equity-based compensation expense |  | $ | 24.3 |  |  | $ | 25.6 |  |  | $ | 70.6 |  |  | $ | 74.1 |
Income tax benefit related to equity-based compensation expense |  | $ | 4.1 |  |  | $ | 4.3 |  |  | $ | 11.7 |  |  | $ | 13.3 |
Summary of Stock Option Activity | A summary of stock option activity under the Plans as of March 30, 2014 and changes during the nine months then ended is presented below:
Options |  | Shares (in thousands) |  |  | Weighted- Average Exercise Price |  |  | Weighted-Average Remaining Contractual Term (years) |  |  | Aggregate Intrinsic Value as of March 30, 2014 (in thousands) |
Outstanding at June 30, 2013 |  |  | 2,571 |  |  | $ | 26.87 |  |  |  | 4.48 |  |  |  |  |
Granted |  |  | 166 |  |  | $ | 51.76 |  |  |  |  |  |  |  |  |
Exercised |  |  | (1,065 | ) |  | $ | 24.50 |  |  |  |  |  |  |  |  |
Forfeited or expired |  |  | (1 | ) |  | $ | 29.71 |  |  |  |  |  |  |  |  |
Outstanding at March 30, 2014 |  |  | 1,671 |  |  | $ | 30.86 |  |  |  | 4.78 |  |  | $ | 39,501 |
Exercisable at March 30, 2014 |  |  | 1,066 |  |  | $ | 24.62 |  |  |  | 3.86 |  |  | $ | 31,840 |
Summary of Restricted Stock Units | A summary of the Company’s RSUs as of March 30, 2014 and changes during the nine months then ended is presented below:
|  | Shares |  |  | Average Grant- |
Unvested Restricted Stock Units |  | (in thousands) |  |  | Date Fair Value |
Unvested at June 30, 2013 |  |  | 4,842 |  |  | $ | 39.32 |
Granted |  |  | 1,376 |  |  | $ | 49.47 |
Vested |  |  | (1,313 | ) |  | $ | 39.84 |
Forfeited |  |  | (181 | ) |  | $ | 39.48 |
Unvested at March 30, 2014 |  |  | 4,724 |  |  | $ | 42.12 |
Schedule of ESPP Weighted-Average Assumptions | Purchase rights under the 1999 ESPP were valued using the Black-Scholes option valuation model assuming no expected dividends and the following weighted-average assumptions for the three and nine months ended March 30, 2014:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 30, |  |  | March 30, |
|  | 2014 |  |  | 2014 |
Expected term (years) |  |  | 0.51 |  |  |  | 0.68 |
Expected stock price volatility |  |  | 28.89 | % |  |  | 30.24 | %
Risk-free interest rate |  |  | 0.09 | % |  |  | 0.07 | %

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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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