Debt (Tables)

3 Months Ended

Oct. 01, 2016

Debt

Short-term debt

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

	October 1, 2016		July 2, 2016		October 1, 2016		July 2, 2016
	Interest Rate				Carrying Balance
Bank credit facilities and other	5.42	%	4.62	%	$	98,017	$	122,599
Accounts receivable securitization program	—		0.93	%		—		730,000
Notes due September 2016	—		6.63	%		—		300,000
Short-term debt					$	98,017	$	1,152,599

Long-term debt

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

	October 1, 2016		July 2, 2016		October 1, 2016		July 2, 2016
	Interest Rate				Carrying Balance
Revolving credit facilities:
Accounts receivable securitization program	1.16	%	—		$	580,000	$	—
Credit Facility	1.94	%	1.72	%		840,000		150,000
Notes due:
June 2020	5.88	%	5.88	%		300,000		300,000
December 2022	4.88	%	4.88	%		350,000		350,000
April 2026	4.63	%	4.63	%		550,000		550,000
Other long-term debt	2.02	%	1.92	%		1,460		1,551
Long-term debt before discount and debt issuance costs						2,621,460		1,351,551
Discount and debt issuance costs						(11,843)		(12,347)
Long-term debt					$	2,609,617	$	1,339,204