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INVENTORIES | 3 Months Ended
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Sep. 24, 2023
Inventory Disclosure [Abstract] |
INVENTORIES | INVENTORIES Inventories are stated at the lower of cost or net realizable value using standard costs that approximate actual costs on a first-in, first-out basis. System shipments to customers in Japan, for which title does not transfer until customer acceptance, are classified as finished goods inventory and carried at cost until title transfers. Inventories consist of the following:
| September 24, 2023 |  | June 25, 2023
| (in thousands)
Raw materials | $ | 3,202,468 |  |  | $ | 3,196,988 |
Work-in-process | 300,408 |  |  | 325,611 |
Finished goods | 1,244,905 |  |  | 1,293,591 |
| $ | 4,747,781 |  |  | $ | 4,816,190 |

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
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