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v3.25.2

Property and Equipment | 12 Months Ended
--- | ---
Jun. 29, 2025
Property, Plant and Equipment [Abstract] |
Property and Equipment | Property and Equipment Property and equipment, net, is presented in the table below.
| June 29, 2025 |  | June 30, 2024
| (in thousands)
Manufacturing and engineering equipment | $ | 2,219,207 |  |  | $ | 1,956,478 |
Buildings and improvements | 1,914,570 |  |  | 1,605,802 |
Computer and computer-related equipment | 182,439 |  |  | 178,941 |
Land | 166,207 |  |  | 163,796 |
Office equipment, furniture and fixtures | 92,740 |  |  | 85,629 |
| 4,575,163 |  |  | 3,990,646 |
Less: accumulated depreciation and amortization | (2,169,641) |  |  | (1,860,664) |
| $ | 2,405,522 |  |  | $ | 2,129,982 |
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 2025, 2024, and 2023 was $329.5 million, $299.0 million, and $282.8 million, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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