Post Employment Plans - (Tables)

12 Months Ended

Jun. 27, 2015

Jun. 28, 2014

Defined Benefit Plan Disclosure [Line Items]

Schedule of Defined Benefit Plans Disclosures

The change in the projected benefit obligation and plan assets at June 27, 2015 and June 28, 2014 consisted of the following (in millions):

	Pension Benefits						Other Benefits
	Fiscal Year
	2015 *			2014 **			2015 *			2014
Projected benefit obligation at beginning of period	$	89.0		$	—		$	4.6		$	3.9
Acquisitions	70.4			84.4			1.0			—
Service costs	0.9			—			0.3			0.5
Interest cost	2.4			1.4			0.2			0.3
Actuarial loss	(6.8		)	12.1			—			—
Benefits paid	(0.9		)	(0.2		)	(0.1		)	(0.1		)
Settlements	—			(8.0		)	—			—
Foreign currency translation	(14.7		)	(0.7		)	—			—
Benefit obligation at end of period	$	140.3		$	89.0		$	6.0		$	4.6
Fair value of plan assets at beginning of period	99.6			—			—			—
Acquisitions	49.9			107.3			—			—
Actual return on plan assets	(1.0		)	5.4			—			—
Benefits paid	(0.1		)	(0.2		)	—			—
Settlements	—			(12.1		)	—			—
Employer contributions	2.4			—			—			—
Foreign currency translation	(17.5		)	(0.8		)	—			—
Fair value of plan assets at end of period	$	133.3		$	99.6		$	—		$	—
Funded (unfunded) status recognized in other assets	$	(7.0	)	$	10.6		$	(6.0	)	$	(4.6	)

Schedule of Expected Benefit Payments

At June 27, 2015, the total estimated future benefit payments to be paid by the plans for the next five years was approximately $6.5 million for pension benefits and $1.0 million for other benefits as follows (in millions):

Payment Due	Pension Benefits		Other Benefits
< 1 year	$	0.8	$	0.1
1 - 2 years	1.1		0.2
3 - 4 years	1.2		0.2
4 - 5 years	1.5		0.2
5 - 6 years	1.9		0.3
> 6 years	13.4		1.8

Schedule of Costs of Retirement Plans

Net periodic pension cost for fiscal years 2015 and 2014 consisted of the following (in millions):

	Pension Benefits						Other Benefits
	Fiscal Year
	2015 *			2014 **			2015 *		2014
Service cost	$	0.9		$	—		$	0.3	$	0.5
Interest cost	2.4			1.4			0.2		0.3
Expected return on plan assets	(2.7		)	(1.9		)	—		0.6
Net actuarial loss	1.0			0.7			0.1
Net periodic pension cost	$	1.6		$	0.2		$	0.6	$	1.4

Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate

The weighted-average assumptions used to determine net periodic pension cost and benefit obligation as of June 27, 2015 and June 28, 2014 were:

	Pension Benefits				Other Benefits
	Fiscal Year
	2015 *		2014 **		2015 *		2014
Discount rate	2.11	%	2.90	%	4.25	%	4.25	%
Inflation	1.93	%	2.00	%
Expected return on assets	2.85	%	2.92	%

Schedule of Assumptions Used

s of June 27, 2015, the expected weighted-average long-term rate of return on assets of 2.85% was calculated based on the assumptions of the following returns for each asset class:

Equities	5.8	%
Bonds	1.2	%
Absolute return fund	3.5	%
Insurance contracts	2.3	%
Property	4.8	%

Schedule of Allocation of Plan Assets

he current long-term asset allocation ranges of the trusts are as follows:

Equities	10% - 20%
Bonds	30% - 40%
Absolute return	20% - 30%
Insurance contracts	20% - 30%
Property	0% - 10%
Other	0% - 10%

he following table sets forth the fair value of the pension plan assets, as of June 28, 2014 (in millions):

	Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
Equities	$	20.8	$	—	$	—	$	20.8
Bonds	48.3		—		—		48.3
Property	—		—		0.8		0.8
Other	0.1		—		—		0.1
Absolute return fund	29.6		—		—		29.6
Total	$	98.8	$	—	$	0.8	$	99.6

Schedule of allocation - fair value of the pension plan assets [Table Text Block]

he following table sets forth the fair value of the pension plan assets, as of June 27, 2015 (in millions):

	Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
Equities	$	16.7	$	—	$	—	$	16.7
Bonds	49.7		—		—		49.7
Absolute return fund	34.8		—		—		34.8
Insurance contracts	—		—		31.5		31.5
Property	—		—		0.4		0.4
Other	0.2		—		—		0.2
Total	$	101.4	$	—	$	31.9	$	133.3

The following table sets forth the fair value of the pension plan assets, as of June 28, 2014 (in millions):

	Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
Equities	$	20.8	$	—	$	—	$	20.8
Bonds	48.3		—		—		48.3
Property	—		—		0.8		0.8
Other	0.1		—		—		0.1
Absolute return fund	29.6		—		—		29.6
Total	$	98.8	$	—	$	0.8	$	99.6

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

he following table sets forth a summary of the changes in the fair value of the Level 3 pension plan assets, which were measured at fair value on a recurring basis for fiscal years 2015 and 2014 (in millions):

	Fiscal Year
	2015 *			2014 **
Level 3 assets held at beginning of year	$	0.8		$	—
Acquisitions	31.5			0.7
Unrealized gains	(0.4		)	0.1
Level 3 assets held at end of year	$	31.9		$	0.8