Compensation (Tables)

12 Months Ended

Jun. 27, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Fair value of nonvested shares and performance shares

	Fiscal Years
	2014		2013		2012
Nonvested awards:
Weighted-average fair value	$	41.18	$	30.26	$	13.14
Performance awards:
Weighted-average fair value	$	48.69	$	30.01	$	11.16

Weighted-average assumptions used to determine the fair value

	Fiscal Years
	2014			2013			2012
Options
Expected term (in years)	4.2			4.2			4.2
Volatility	35 - 41%			41 - 53%			49 - 53%
Weighted-average volatility	40		%	52		%	50		%
Expected dividend rate	3.1% - 3.8%			3.6 - 5.8%			3.8 - 6.5%
Weighted-average expected dividend rate	3.7		%	4.4		%	5.9		%
Risk-free interest rate	1.2 - 1.4%			0.5 - 1.1%			0.6 - 0.9%
Weighted-average fair value	$	10.41		$	8.96		$	3.61
ESPP
Expected term (in years)	0.5			0.5			0.5
Volatility	34 - 36%			38 - 46%			45 - 54%
Weighted-average volatility	35		%	42		%	49		%
Expected dividend rate	3.3 - 3.5%			2.2 - 4.2%			3.9 - 5.2%
Weighted-average expected dividend rate	3.4		%	3.2		%	4.7		%
Risk-free interest rate	0.1		%	0.1		%	0.1 - 0.2%
Weighted-average fair value	$	10.46		$	7.74		$	4.89
Performance restricted share awards subject to market condition
Expected term (in years)	3.00			2.98			2.96
Weighted-average volatility	46		%	48		%	65		%
Expected dividend rate	3.8%			4.3		%	6.4		%
Risk-free interest rate	0.9%			0.3		%	0.3		%
Weighted-average fair value	$	37.51		$	26.41		$	10.05

Stock option activity

Options	Number of Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
	(In millions)				(In years)	(Dollars In millions)
Outstanding at June 28, 2013	9.5		$	14.60	3.8	$	286
Granted	0.9		$	42.54
Exercised	(3.9	)	$	12.64
Forfeitures	(0.1	)	$	23.37
Expirations	—		$	—
Outstanding at June 27, 2014	6.4		$	19.80	3.8	$	238
Vested and expected to vest at June 27, 2014	6.2		$	19.40	3.8	$	231
Exercisable at June 27, 2014	3.5		$	11.56	2.6	$	157

Nonvested share activity

Nonvested Awards	Number of Shares		Weighted- Average Grant- Date Fair Value
	(In millions)
Nonvested at June 28, 2013	5.4		$	22.07
Granted	3.5		$	41.18
Forfeitures	(0.2	)	$	28.69
Vested	(1.7	)	$	20.36
Nonvested at June 27, 2014	7.0		$	32.05

Performance award activity

Performance Awards	Number of Shares		Weighted- Average Grant- Date Fair Value
	(In millions)
Performance units at June 28, 2013	2.6		$	18.44
Granted	0.7		$	42.50
Forfeitures	—		$	—
Vested	(0.6	)	$	14.55
Performance units at June 27, 2014	2.7		$	25.43