Debt financing (Tables)

3 Months Ended

Sep. 27, 2014

Debt Disclosure [Abstract]

Short-term borrowings

Short-term debt consists of the following (in thousands):

	September 27, 2014	June 28, 2014	September 27, 2014		June 28, 2014
	Interest Rate		Carrying Balance
Bank credit facilities and other	2.76%	3.20%	$	213,251	$	250,088
Accounts receivable securitization program	—	0.60%	—		615,000
Notes due September 1, 2015	6.00%	—	250,000		—
Short-term debt			$	463,251	$	865,088

Long-term debt

Long-term debt consists of the following (in thousands):

	September 27, 2014	June 28, 2014	September 27, 2014			June 28, 2014
	Interest Rate		Carrying Balance
Revolving credit facilities:
Accounts receivable securitization program	0.56%	—	$	675,000		$	—
2014 Credit Facility	3.55%	—	—			—
2012 Credit Facility	—	3.55%	—			12,000
Notes due:
September 1, 2015	—	6.00%	—			250,000
September 15, 2016	6.63%	6.63%	300,000			300,000
June 15, 2020	5.88%	5.88%	300,000			300,000
December 1, 2022	4.88%	4.88%	350,000			350,000
Other long-term debt	1.52%	1.40%	2,689			3,867
Long-term debt before discount			1,627,689			1,215,867
Discount on notes			(1,930		)	(2,053		)
Long-term debt			$	1,625,759		$	1,213,814