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OTHER EXPENSE, NET
3 Months Ended
Sep. 25, 2016
Other Income and Expenses [Abstract]  
OTHER EXPENSE, NET
OTHER EXPENSE, NET
The significant components of other expense, net, are as follows:
 
Three Months Ended
 
September 25,
2016
 
September 27,
2015
 
(in thousands)
Interest income
$
12,763

 
$
5,760

Interest expense
(41,429
)
 
(24,661
)
Gains (losses) on deferred compensation plan related assets, net
6,172

 
(5,164
)
Foreign exchange gains (losses), net
1,219

 
(698
)
Other, net
(1,879
)
 
(2,358
)
 
$
(23,154
)
 
$
(27,121
)

Interest income in the three months ended September 25, 2016 increased, as compared to the three months ended September 27, 2015, due to higher cash balances and increased interest rates. Interest expense in the three months ended September 25, 2016 increased, as compared to the three months ended September 27, 2015, primarily due to interest expense associated with the $2.4 billion Senior Note issuance in the three months ended June 26, 2016.