Stock-Based Compensation (Tables)

12 Months Ended

Jun. 25, 2016

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

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The fair value of ESPP granted to employees in fiscal years 2016, 2015 and 2014 has been estimated at the date of grant using the Black-Scholes option valuation model using the following assumptions for the offering periods outstanding:

	ESPP For the Year Ended
	June 25, 2016	June 27, 2015		June 28, 2014
Expected holding period (in years)	0.5	0.5		0.5
Risk-free interest rate	0.1% - 0.5%	0.1	%	0.1% - 0.2%
Expected stock price volatility	21.8% - 33.1%	20.7% - 26.4%		20.7% - 25.5%
Dividend yield	3.3% - 3.6%	3.3% - 3.7%		3.1% - 3.7%

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following tables show total stock-based compensation expense by type of award, and the resulting tax effect, included in the Consolidated Statements of Income for fiscal years 2016, 2015 and 2014:

	For the Year Ended
	June 25, 2016
	Stock Options		Restricted Stock Units and Other Awards		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	837	$	5,697	$	2,340	$	8,874
Research and development	3,469		27,784		5,133		36,386
Selling, general and administrative	3,043		19,127		2,271		24,441
Pre-tax stock-based compensation expense	$	7,349	$	52,608	$	9,744	$	69,701
Less: income tax effect							11,314
Net stock-based compensation expense							$	58,387

	For the Year Ended
	June 27, 2015
	Stock Options		Restricted Stock Units and Other Awards		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	1,391	$	8,226	$	2,257	$	11,874
Research and development	4,783		31,899		5,375		42,057
Selling, general and administrative	3,863		19,414		2,283		25,560
Pre-tax stock-based compensation expense	$	10,037	$	59,539	$	9,915	$	79,491
Less: income tax effect							14,131
Net stock-based compensation expense							$	65,360

	For the Year Ended
	June 28, 2014
	Stock Options		Restricted Stock Units and Other Awards		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	1,650	$	8,466	$	2,132	$	12,248
Research and development	8,676		31,548		5,452		45,676
Selling, general and administrative	5,486		19,734		2,308		27,528
Pre-tax stock-based compensation expense	$	15,812	$	59,748	$	9,892	$	85,452
Less: income tax effect							15,245
Net stock-based compensation expense							$	70,207

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of options granted to employees in fiscal years 2015 and 2014 has been estimated using the following weighted-average assumptions:

	Stock Options For the Year Ended (1)
	June 27, 2015		June 28, 2014
Expected holding period (in years)	4.8		5.3
Risk-free interest rate	1.6	%	1.4	%
Expected stock price volatility	26.7	%	34.6	%
Dividend yield	3.2	%	3.2	%

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

The following table summarizes outstanding, exercisable and vested and expected to vest stock options as of June 25, 2016 and their activity during fiscal years 2016, 2015 and 2014:

	Options			Weighted Average Remaining Contractual Term (In Years)	Aggregate Intrinsic Value (1)
	Number of Shares		Weighted Average Exercise Price
Balance at June 29, 2013	20,081,339		$26.00
Options Granted	3,638,729		27.30
Options Exercised	(3,568,775	)	18.60
Options Cancelled	(3,987,649	)	34.86
Balance at June 28, 2014	16,163,644		25.74
Options Granted	63,584		32.22
Options Exercised	(3,168,704	)	18.39
Options Cancelled	(2,885,508	)	33.62
Balance at June 27, 2015	10,173,016		25.83
Options Granted	—		—
Options Exercised	(3,242,881	)	25.05
Options Cancelled	(995,056	)	32.67
Balance at June 25, 2016	5,935,079		25.11	3.0	$	71,297,014
Exercisable at June 25, 2016	3,251,896		$22.69	2.3	$	46,799,932
Vested and expected to vest, June 25, 2016	5,794,417		$25.02	3.0	$	69,869,048

(1) Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company's common stock on June 24, 2016, the last business day preceding the fiscal year end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of June 25, 2016.

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information about stock options that were outstanding and exercisable at June 25, 2016:

	Outstanding Options			Options Exercisable
Range of Exercise Prices	Number Outstanding at June 25, 2016	Weighted Average Remaining Contractual Term (In years)	Weighted Average Exercise Price	Number Exercisable at June 25, 2016	Weighted Average Exercise Price
$12.00 - $20.00	1,068,741	1.2	$17.41	1,021,225	$17.32
$20.01 - $30.00	4,733,577	2.7	$26.63	2,186,711	$25.00
$30.01 - $40.00	132,761	4.0	$32.82	43,960	$32.29
	5,935,079			3,251,896

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]

The following table summarizes outstanding and expected to vest RSUs and other awards as of June 25, 2016 and their activity during fiscal years 2016, 2015 and 2014:

	Number of Shares		Weighted Average Remaining Contractual Term (In years)	Aggregate Intrinsic Value (1)
Balance at June 29, 2013	7,965,532
Restricted stock units and other awards granted	3,916,111
Restricted stock units and other awards released	(2,904,787	)
Restricted stock units and other awards cancelled	(1,095,859	)
Balance at June 28, 2014	7,880,997
Restricted stock units and other awards granted	3,178,117
Restricted stock units and other awards released	(2,589,639	)
Restricted stock units and other awards cancelled	(1,339,490	)
Balance at June 27, 2015	7,129,985
Restricted stock units and other awards granted	2,905,973
Restricted stock units and other awards released	(2,049,430	)
Restricted stock units and other awards cancelled	(1,365,715	)
Balance at June 25, 2016	6,620,813		2.6	$	246,061,953
Expected to vest at June 25, 2016	5,588,721		2.5	$	207,229,781

(1) Aggregate intrinsic value for RSUs and other awards represents the closing price per share of the Company's common stock on June 24, 2016, the last business day preceding the fiscal year end, multiplied by the number of RSUs and other awards outstanding, or expected to vest as of June 25, 2016.

Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Market Stock Units Vested and Expected to Vest [Table Text Block]

The following table summarizes the number of MSUs outstanding and expected to vest as of June 25, 2016 and their activity during fiscal years 2016, 2015 and 2014:

	Number of Shares		Weighted Average Remaining Contractual Term (In years)	Aggregate Intrinsic Value (1)
Balance at June 29, 2013 (2)	60,000
Market stock units granted	60,000
Market stock units released	—
Market stock units cancelled	—
Balance at June 28, 2014 (2)	120,000
Market stock units granted	423,044
Market stock units released	(42,476	)
Market stock units cancelled	(85,728	)
Balance at June 27, 2015	414,840
Market stock units granted	361,684
Market stock units released	—
Market stock units cancelled	(102,992	)
Balance at June 25, 2016	673,532		2.9	$	24,974,567
Expected to vest at June 25, 2016	547,546		2.9	$	20,303,011

(1) Aggregate intrinsic value for MSUs represents the closing price per share of the Company’s common stock on June 24, 2016, the last business day preceding the fiscal quarter-end, multiplied by the number of MSUs outstanding or expected to vest as of June 25, 2016.

(2) Reflects shares previously granted to the Company’s Chief Executive Officer only.