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v3.20.2

Debt (Tables) | 12 Months Ended
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Jun. 27, 2020
Debt |
Short-term debt | Short-term debt consists of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 27, | ​ | June 29, | ​ | June 27, | ​ | June 29, | ​
​ | ​ | 2020 |  | 2019 |  | 2020 |  | 2019 | ​
​ | ​ | Interest Rate | ​ | Carrying Balance |
Bank credit facilities and other | ​ | 5.69 | % | ​ | 1.02 | % | ​ | $ | 51 | ​ | $ | 538 | ​
Public notes due June 2020 | ​ | — | ​ | ​ | 5.88 | % | ​ |  | — | ​ |  | 300,000 | ​
Short-term debt | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 51 | ​ | $ | 300,538 | ​
Long-term debt | Long-term debt consists of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 27, | ​ | June 29, | ​ | June 27, | ​ | June 29, | ​
​ | ​ | 2020 |  | 2019 |  | 2020 |  | 2019 | ​
​ | ​ | Interest Rate | ​ | Carrying Balance |
Revolving credit facilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Securitization Program | ​ | — | ​ | ​ | 3.15 | % | ​ | $ | — | ​ | $ | 227,300 | ​
Credit Facility (due June 2023) | ​ | 1.28 | % | ​ | 5.68 | % | ​ | ​ | 230,000 | ​ | ​ | 1,100 | ​
Public notes due: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 2021 | ​ | 3.75 | % | ​ | 3.75 | % | ​ | ​ | 300,000 | ​ | ​ | 300,000 | ​
December 2022 | ​ | 4.88 | % | ​ | 4.88 | % | ​ |  | 350,000 | ​ |  | 350,000 | ​
April 2026 | ​ | 4.63 | % | ​ | 4.63 | % | ​ | ​ | 550,000 | ​ | ​ | 550,000 | ​
Other long-term debt | ​ | 1.19 | % | ​ | 1.00 | % | ​ |  | 1,491 | ​ |  | 403 | ​
Long-term debt before discount and debt issuance costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 1,431,491 | ​ |  | 1,428,803 | ​
Discount and debt issuance costs – unamortized | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (6,700) | ​ |  | (8,881) | ​
Long-term debt | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,424,791 | ​ | $ | 1,419,922 | ​
Aggregate debt maturities | Aggregate debt maturities for the next five fiscal years and thereafter are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​
2021 |  | $ | 51 | ​
2022 | ​ |  | 530,758 | ​
2023 | ​ |  | 350,356 | ​
2024 | ​ |  | 299 | ​
2025 | ​ |  | 78 | ​
Thereafter | ​ |  | 550,000 | ​
Subtotal | ​ |  | 1,431,542 | ​
Discount and debt issuance costs – unamortized | ​ |  | (6,700) | ​
Total debt | ​ | $ | 1,424,842 | ​

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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