Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 25, 2023

Accounting Policies [Abstract]

Property, Plant and Equipment

In general, the Company’s policy for useful lives is as follows:

Furniture and fixtures	5 years
Buildings and building improvements	5 to 40 years
Machinery and equipment	3 to 15 years
Vehicles	5 years
Computer hardware/software	3 to 5 years
Leasehold improvements	Shorter of estimated useful life or lease term

Property and equipment, net consisted of the following:

(in millions of U.S. Dollars)	June 25, 2023	June 26, 2022
Machinery and equipment	$1,333.4	$1,167.3
Land and buildings	966.4	407.4
Computer hardware/software	76.5	61.9
Furniture and fixtures	8.1	8.0
Leasehold improvements and other	14.5	11.0
Vehicles	0.6	0.6
Finance lease assets	9.6	10.3
Construction in progress	873.5	802.3
Property and equipment, gross	3,282.6	2,468.8
Accumulated depreciation	(1,091.2)	(987.7)
Property and equipment, net	$2,191.4	$1,481.1