Pension and Retirement Plans (Tables)

12 Months Ended

Jul. 02, 2011

Pension and retirement plans [Abstract]

Outline changes in benefit obligations, plan assets and the funded status of the pension plan

	July 2,			July 3,
	2011			2010
	(Thousands)
Changes in benefit obligations:
Benefit obligations at beginning of year	$	276,938		$	263,324
Service cost		23,874			—
Interest cost		13,918			15,748
Plan amendments		—			34,000
Actuarial loss		5,168			19,591
Benefits paid		(22,371	)		(55,725	)
Benefit obligations at end of year	$	297,527		$	276,938
Change in plan assets:
Fair value of plan assets at beginning of year	$	278,964		$	258,931
Actual return on plan assets		67,659			34,008
Benefits paid		(22,371	)		(55,725	)
Contributions		500			41,750
Fair value of plan assets at end of year	$	324,752		$	278,964
Funded status of the plan recognized as a non-current asset	$	27,225		$	2,026
Amounts recognized in accumulated other comprehensive income:
Unrecognized net actuarial loss	$	147,311		$	191,180
Unamortized prior service credit		(14,431	)		(16,306	)
	$	132,880		$	174,874
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial (gain) loss	$	(34,931	)	$	15,720
Prior service cost		—			34,000
Amortization of net actuarial loss		(8,938	)		(5,687	)
Amortization of prior service credit		1,875			4,884
	$	(41,994	)	$	48,917

Weighted average assumptions used to calculate actuarial present values of benefit

	2011			2010
Discount rate		5.25	%		5.25	%

Weighted average assumptions used to determine net benefit costs

	2011			2010
Discount rate		5.25	%		6.25	%
Expected return on plan assets		8.50	%		9.00	%

Components of net periodic pension costs

	Years Ended
	July 2,			July 3,			June 27,
	2011			2010			2009
	(Thousands)
Service cost	$	23,874		$	—		$	16,205
Interest cost		13,918			15,748			18,175
Expected return on plan assets		(27,560	)		(30,137	)		(26,539	)
Recognized net actuarial loss		8,938			5,687			2,325
Amortization of prior service credit		(1,875	)		(4,884	)		—
Net periodic pension cost	$	17,295		$	(13,586	)	$	10,166

Estimated future benefit payments

2012	$	26,463
2013		20,405
2014		20,619
2015		19,258
2016		20,625
2016 through 2021		112,041

Plan's assets are held in trust and were allocated

	2011			2010
Equity securities		76	%		74	%
Debt securities		24			25
Cash and receivables		—			1