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Inventories

3 Months Ended

Sep. 29, 2012

INVENTORIES

Inventories are stated at the lower of cost or market and are summarized as follows:



	September 29, 2012		June 30, 2012		September 24, 2011
Finished goods	$	255,933	$	235,593	$	268,254
Work in process	178,212		154,238		141,036
Raw materials	164,680		157,624		153,967
Total inventories	$	598,825	$	547,455	$	563,257

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details