XML 26 R12.htm IDEA: XBRL DOCUMENT
v3.20.2

Shareholders' equity | 12 Months Ended
--- | ---
Jun. 27, 2020
Shareholders' equity |
Shareholders' equity | 4. Shareholders’ equity Accumulated comprehensive (loss) income The following table includes the balances within accumulated other comprehensive loss: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 27, |  | June 29, |  | June 30, |
​ | ​ | 2020 | ​ | 2019 | ​ | 2018 |
​ | ​ | (Thousands) |
Accumulated translation adjustments and other | ​ | $ | (199,151) | ​ | $ | (142,469) | ​ | $ | (78,848) | ​
Accumulated pension liability adjustments, net of income taxes | ​ |  | (189,229) | ​ |  | (161,570) | ​ |  | (116,503) | ​
Total accumulated other comprehensive loss | ​ | $ | (388,380) | ​ | $ | (304,039) | ​ | $ | (195,351) | ​
​ Amounts reclassified out of accumulated comprehensive loss, net of tax, to operating expenses and discontinued operations during fiscal 2020, 2019 and 2018 substantially all related to net periodic pension costs as discussed further in Note 10. Share repurchase program In August 2019, the Company’s Board of Directors amended the Company’s existing share repurchase program, increasing the cumulative total of authorized share repurchases to $2.95 billion of common stock in the open market or through privately negotiated transactions. The timing and actual number of shares repurchased will depend on a variety of factors such as share price, expected liquidity, expected compliance with financial debt convents, corporate and regulatory requirements, and prevailing market conditions. During fiscal 2020, the Company repurchased 5.9 million shares under this program at an average market price of $40.28 per share for a total cost of $236.4 million. Repurchased shares were retired. Since the beginning of the repurchase program through the end of fiscal 2020, the Company has repurchased 64.7 million shares at an aggregate cost of $2.48 billion, and $469.0 million remaining under its share repurchase authorization. As a result of the economic uncertainty caused by COVID-19, the Company has temporarily suspended share repurchases. Common stock dividend During fiscal 2020, the Company paid dividends of $0.84 per common share and $84.0 million in total.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration