XML 51 R33.htm IDEA: XBRL DOCUMENT v3.22.2.2
DEBT (Tables)
 12 Months Ended
Jun. 29, 2022
Debt Disclosure [Abstract]  
Long-Term Debt
Long-term debt consists of the following:
June 29, 2022June 30, 2021
Revolving credit facility$271.3 $171.3 
5.000% notes350.0 350.0 
3.875% notes300.0 300.0 
Finance lease obligations90.2 121.3 
Total long-term debt and finance leases1,011.5 942.6 
Less: unamortized debt issuance costs and discounts(2.1)(3.2)
Total long-term debt, less unamortized debt issuance costs and discounts1,009.4 939.4 
Less: current installments of long-term debt(1)
(20.3)(21.5)
Long-term debt and finance leases, less current installments$989.1 $917.9 
(1)Current installments of long-term debt consist of finance leases for the periods presented and are recorded within Other accrued liabilities in the Consolidated Balance Sheets. Refer to Note 11 - Accrued and Other Liabilities for further details.
Long-Term Debt Maturities Excluding Finance Lease Obligations and Interest
Excluding finance lease obligations and interest, our long-term debt maturities for the five fiscal years following June 29, 2022 and thereafter are as follows:
Fiscal YearLong-Term Debt
2023(1)
$300.0 
2024— 
2025350.0 
2026— 
2027271.3 
Thereafter— 
$921.3 
(1)Obligations under our 3.875% notes, which will mature in May 2023, have been classified as long-term, reflecting our intent and ability to refinance these notes through our existing revolving credit facility.