XML 54 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Commitments and Contingencies (Tables)
12 Months Ended
Jun. 24, 2017
Commitments and Contingencies Disclosure [Abstract]  
Future Annual Minimum Payments Related to Commitments [Table Text Block]
Future annual minimum payments for all commitments are as follows:

 
Payment due by period
 
 Total
 
Fiscal year
2018
 
Fiscal year
2019
 
Fiscal year
2020
 
Fiscal year
2021
 
Fiscal year
2022
 
Thereafter
Contractual Obligations
(in thousands)
Operating lease obligations (1) 
$
53,734

 
$
11,081

 
$
7,563

 
$
5,319

 
$
4,800

 
$
4,441

 
$
20,530

Long-term debt obligations (2)
1,500,000

 

 
500,000

 

 

 

 
1,000,000

Interest payments associated with debt obligations (3)
284,272

 
46,625

 
38,986

 
34,125

 
34,125

 
34,125

 
96,286

Capital equipment and inventory related purchase obligations (4)
581,667

 
86,685

 
74,100

 
71,282

 
57,179

 
42,778

 
249,643

Total 
$
2,419,673

 
$
144,391

 
$
620,649

 
$
110,726

 
$
96,104

 
$
81,344

 
$
1,366,459


(1) The Company leases some facilities under non-cancelable operating lease agreements that expire at various dates through 2036.
(2) Long-term debt represents amounts primarily due for the Company's long-term notes.
(3) Interest payments calculated based on contractual payment requirements under the debt agreements.
(4) The Company orders some materials and supplies in advance or with minimum purchase quantities. The Company is obligated to pay for the materials and supplies when received. Additionally, in 2016 the Company entered into a long-term supply agreement with the semiconductor foundry TowerJazz to supply finished wafers on existing Maxim processes and products which contains minimum purchase requirements.