Benefits (Tables)

12 Months Ended

Jun. 24, 2017

Schedule of Net Funded Status [Table Text Block]

U.S. Employees Post-Retirement Medical Expense & Funded Status Reconciliation

The Company provides post-retirement medical expenses to certain former employees of Dallas Semiconductor as a result of the Company's acquisition of Dallas Semiconductor in 2001 as well as specific Maxim employees. A reconciliation of the funded status of these post-retirement benefits, is as follows:



	June 24, 2017			Estimated Fiscal Year 2018 Expense		June 25, 2016			Fiscal Year 2017 Expense
	(in thousands, except percentages)
Accumulated post-retirement benefit obligation (APBO):
Retirees and beneficiaries	$	(15,983	)			$	(22,641	)
Active participants	(2,110		)			(3,162		)

Funded status	$	(18,093	)			$	(25,803	)

Actuarial gain (loss)	$	99				$	—
Prior service cost	—					—

Amounts recognized in accumulated other comprehensive income:
Net actuarial loss	$	225				$	7,390
Prior service cost	1,318					1,675
Total	$	1,543				$	9,065

Net periodic post-retirement benefit cost/(income):
Interest cost				674					663
Amortization:
Prior service cost				356					356
Total net periodic post-retirement benefit cost				$	1,030				$	1,019

Employer contributions				$	699				$	710

Economic assumptions:
Discount rate	3.8%					3.7%
Medical trend	6.5%-5.0%					7.0%-5.0%

Schedule of Expected Benefit Payments [Table Text Block]

The following benefit payments are expected to be paid:



	Non-Pension Benefits
	(in thousands)
2018	$	699
2019	736
2020	740
2021	797
2022	838
Thereafter	14,283
	$	18,093