FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 26, 2020

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value table

The following tables present the company’s assets measured at fair value on a recurring basis as of December 26, 2020 and June 27, 2020:

	Assets Measured at Fair Value as of Dec. 26, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash equivalents
Cash and cash equivalents	$	4,738,442	$	489,977	$	—	$	5,228,419
Other assets (1)	22,451		—		—		22,451
Total assets at fair value	$	4,760,893	$	489,977	$	—	$	5,250,870

(1)Represents restricted cash balance recorded within other assets in the consolidated balance sheet.

	Assets Measured at Fair Value as of Jun. 27, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash equivalents
Cash and cash equivalents	$	5,245,487	$	300,200	$	—	$	5,545,687
Other assets (1)	36,143		—		—		36,143
Total assets at fair value	$	5,281,630	$	300,200	$	—	$	5,581,830

(1)Represents restricted cash balance recorded within other assets in the consolidated balance sheet.