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OTHER COMPREHENSIVE INCOME (Tables) | 12 Months Ended
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Jul. 01, 2017
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Summary of components of other comprehensive (loss) income and related tax effects | A summary of the components of other comprehensive income (loss) and the related tax effects for each of the periods presented is as follows:
|  |  | 2017
| Location of Expense (Income) Recognized in Net Earnings |  | Before Tax Amount |  | Tax |  | Net of Tax Amount
|  |  | (In thousands)
Pension and other postretirement benefit plans: |  |  |  |  |  |  |  |  |  |
Reclassification adjustments: |  |  |  |  |  |  |  |  |  |
Amortization of prior service cost | Operating expenses |  | $ | 11,370 |  |  | $ | 4,366 |  |  | $ | 7,004 |
Amortization of actuarial loss (gain), net | Operating expenses |  | 41,689 |  |  | 15,724 |  |  | 25,965 |
Total reclassification adjustments |  | 53,059 |  |  | 20,090 |  |  | 32,969 |
Other comprehensive income before reclassification adjustments: |  |  |  |  |  |  |
Net actuarial (loss) gain, net arising in the current year |  | 168,498 |  |  | 71,215 |  |  | 97,283 |
Total other comprehensive income before reclassification adjustments |  | 168,498 |  |  | 71,215 |  |  | 97,283 |
Foreign currency translation: |  |  |  |  |  |  |
Foreign currency translation adjustment | N/A |  | (11,243 | ) |  | — |  |  | (11,243 | )
Hedging instruments: |  |  |  |  |  |  |
Reclassification adjustments: |  |  |  |  |  |  |
Gains on cash flow hedges | Interest expense |  | 11,495 |  |  | 4,413 |  |  | 7,082 |
Other comprehensive income before reclassification adjustments: |  |  |  |  |  |  |
Change in cash flow hedge |  |  | (10,871 | ) |  | (4,173 | ) |  | (6,698 | )
Change in net investment hedge | N/A |  | (34,152 | ) |  | (10,140 | ) |  | (24,012 | )
Total other comprehensive income |  | $ | 176,786 |  |  | $ | 81,405 |  |  | $ | 95,381 |
|  |  | 2016
| Location of Expense (Income) Recognized in Net Earnings |  | Before Tax Amount |  | Tax |  | Net of Tax Amount
|  |  | (In thousands)
Pension and other postretirement benefit plans: |  |  |  |  |  |  |  |  |  |
Reclassification adjustments: |  |  |  |  |  |  |  |  |  |
Amortization of prior service cost | Operating expenses |  | $ | 11,351 |  |  | $ | 4,359 |  |  | $ | 6,992 |
Amortization of actuarial loss (gain), net | Operating expenses |  | 21,677 |  |  | 8,325 |  |  | 13,352 |
Total reclassification adjustments |  | 33,028 |  |  | 12,684 |  |  | 20,344 |
Other comprehensive income before reclassification adjustments: |  |  |  |  |  |  |
Net actuarial (loss) gain, net arising in the current year |  | (681,034 | ) |  | (261,517 | ) |  | (419,517 | )
Total other comprehensive income before reclassification adjustments |  | (681,034 | ) |  | (261,517 | ) |  | (419,517 | )
Foreign currency translation: |  |  |  |  |  |  |
Foreign currency translation adjustment | N/A |  | (39,080 | ) |  | — |  |  | (39,080 | )
Interest rate swaps: |  |  |  |  |  |  |
Reclassification adjustments: |  |  |  |  |  |  |
Gains on cash flow hedges | Interest expense |  | 11,543 |  |  | 4,432 |  |  | 7,111 |
Other comprehensive income before reclassification adjustments: |  |  |  |  |  |  |
Change in fair value of cash flow hedges |  | (6,134 | ) |  | (2,355 | ) |  | (3,779 | )
Total other comprehensive loss |  | $ | (681,677 | ) |  | $ | (246,756 | ) |  | $ | (434,921 | )
|  |  | 2015
| Location of Expense (Income) Recognized in Net Earnings |  | Before Tax Amount |  | Tax |  | Net of Tax Amount
|  |  | (In thousands)
Pension and other postretirement benefit plans: |  |  |  |  |  |  |
Reclassification adjustments: |  |  |  |  |  |  |
Amortization of prior service cost | Operating expenses |  | $ | 11,279 |  |  | $ | 4,331 |  |  | $ | 6,949 |
Amortization of actuarial loss (gain), net | Operating expenses |  | 19,437 |  |  | 7,464 |  |  | 11,972 |
Total reclassification adjustments |  | 30,716 |  |  | 11,795 |  |  | 18,921 |
Other comprehensive income before reclassification adjustments |  |  |  |  |  |  |
Prior service cost arising in the current year | N/A |  | (914 | ) |  | (351 | ) |  | (563 | )
Net actuarial loss (gain) arising in the current year | N/A |  | (61,221 | ) |  | (23,509 | ) |  | (37,712 | )
Total other comprehensive income before reclassification adjustments |  | (62,135 | ) |  | (23,860 | ) |  | (38,275 | )
Foreign currency translation: |  |  |  |  |  |  |
Other comprehensive income before reclassification adjustments: |  |  |  |  |  |  |
Foreign currency translation adjustment | N/A |  | (232,185 | ) |  | — |  |  | (232,185 | )
Interest rate swaps: |  |  |  |  |  |  |
Reclassification adjustments: |  |  |  |  |  |  |
Gains on cash flow hedges | Interest expense |  | 8,305 |  |  | 3,189 |  |  | 5,116 |
Other comprehensive income before reclassification adjustments: |  |  |  |  |  |  |
Change in fair value of cash flow hedge | N/A |  | (55,374 | ) |  | (21,263 | ) |  | (34,111 | )
Total other comprehensive loss |  | $ | (310,673 | ) |  | $ | (30,139 | ) |  | $ | (280,534 | )
Rollforward of accumulated other comprehensive (loss) income | The following tables provide a summary of the changes in accumulated other comprehensive (loss) income for the periods presented:
| Pension and Other Postretirement Benefit Plans, net of tax |  | Foreign Currency Translation |  | Interest Rate Swap, net of tax |  | Total
| (In thousands)
Balance as of June 28, 2014 | $ | (685,957 | ) |  | $ | 134,452 |  |  | $ | (91,158 | ) |  | $ | (642,663 | )
Other comprehensive income before reclassification adjustments | (38,275 | ) |  | (232,185 | ) |  | (34,111 | ) |  | (304,571 | )
Amounts reclassified from accumulated other comprehensive loss | 18,921 |  |  | — |  |  | 5,116 |  |  | 24,037 |
Balance as of June 27, 2015 | (705,311 | ) |  | (97,733 | ) |  | (120,153 | ) |  | (923,197 | )
Other comprehensive income before reclassification adjustments | (419,517 | ) |  | (39,080 | ) |  | (3,779 | ) |  | (462,376 | )
Amounts reclassified from accumulated other comprehensive loss | 20,344 |  |  | — |  |  | 7,111 |  |  | 27,455 |
Balance as of July 2, 2016 | (1,104,484 | ) |  | (136,813 | ) |  | (116,821 | ) |  | (1,358,118 | )
Other comprehensive income before reclassification adjustments | 97,283 |  |  | (11,243 | ) |  | (30,710 | ) |  | 55,330 |
Amounts reclassified from accumulated other comprehensive loss | 32,969 |  |  | — |  |  | 7,082 |  |  | 40,051 |
Balance as of July 1, 2017 | $ | (974,232 | ) |  | $ | (148,056 | ) |  | $ | (140,449 | ) |  | $ | (1,262,737 | )

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=84228862&loc=SL7669686-108580 + Details
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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e526-108580 + Details
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