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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 24, 2016
Sep. 26, 2015
Cash flows from operating activities:    
Net income $ 137,614 $ (72,143)
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 17,120 16,963
Depreciation and amortization 43,485 102,053
Deferred taxes 14,895 (53,111)
Loss on sale of property, plant and equipment 652 (1,346)
Gain (Loss) on Disposition of Business (26,620) 0
Tax benefit (shortfall) related to stock-based compensation plans 0 1,193
Impairment of Long-Lived Assets to be Disposed of 6,134 157,697
Excess tax benefit related to stock-based compensation 0 (2,249)
Changes in assets and liabilities:    
Accounts receivable 3,013 (3,627)
Inventories 2,517 (2,167)
Other current assets and income tax refund receivable (12,099) 4,796
Accounts payable (858) (9,776)
Income taxes payable 110 34,127
Deferred income on shipments to distributors (3,025) 4,764
Increase (Decrease) in Employee Related Liabilities (55,572) (60,718)
All other accrued liabilities (3,964) 883
Net cash provided by operating activities 123,402 117,339
Cash flows from investing activities:    
Purchase of property, plant and equipment (14,310) (15,821)
Proceeds from sale of property, plant, and equipment 205 606
Proceeds from sale of available-for-sale securities 24,540 0
Proceeds from maturity of available-for-sale securities 25,000 0
Proceeds from Divestiture of Businesses 42,199 0
Payments to Acquire Available-for-sale Securities (75,224) (25,055)
Payments to Acquire Investments (2,337) (1,000)
Net cash used in investing activities 73 (41,270)
Cash flows from financing activities:    
Excess tax benefit related to stock-based compensation 0 2,249
Net issuance of restricted stock units (5,206) (4,822)
Proceeds from stock options exercised 19,911 8,970
Repurchase of common stock (57,709) (39,697)
Dividends paid (93,627) (85,387)
Net cash used in financing activities (136,631) (118,687)
Net decrease in cash and cash equivalents (13,156) (42,618)
Cash and cash equivalents:    
Beginning of period 2,105,229 1,550,965
End of period 2,092,073 1,508,347
Supplemental disclosures of cash flow information:    
Cash paid (refunded), net during the period for income taxes 33,760 7,021
Cash paid for interest 8,438 8,438
Noncash investing and financing activities:    
Accounts payable related to property, plant, and equipment purchases 4,722 7,127
Proceeds from Sale of Other Property, Plant, and Equipment $ 25,922 $ 0