Derivatives and Hedging Activities (Tables) |
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Derivative Instruments And Hedging Activities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Outstanding Swap Agreements | The following table summarizes the outstanding Swap Agreements as of June 29, 2019 (in millions):
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Effect of Interest Rate Swaps Designated in Hedging Relationships on Consolidated Statement of Operations |
The tables below present the effect of the interest rate swaps designated in hedging relationships on the consolidated statement of operations for the fiscal years ended June 29, 2019, June 30, 2018 and July 1, 2017:
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Summary of Fair Value of Derivative Financial Instruments |
The Company does not currently have a payable or receivable related to cash collateral for its derivatives, and therefore it has not established an accounting policy for offsetting the fair value of its derivatives against such balances. The table below presents the fair value of the derivative financial instruments as well as their classification on the balance sheet as of June 29, 2019 and June 30, 2018:
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Summary of Derivative Assets and Liability Balance by Type of Financial Instrument Before and After Effects of Offsetting | The tables below present the derivative assets and liability balance, before and after the effects of offsetting, as of June 29, 2019 and June 30, 2018:
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