FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of 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 30, 2023 and July 1, 2023:

	Assets Measured at Fair Value as of Dec. 30, 2023
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash equivalents
Cash and cash equivalents	$	573,597	$	3	$	—	$	573,600
Other assets (1)	133,491		—		—		133,491
Total assets at fair value	$	707,088	$	3	$	—	$	707,091

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

	Assets Measured at Fair Value as of Jul. 1, 2023
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash equivalents
Cash and cash equivalents	$	308,952	$	10,021	$	—	$	318,973
Other assets (1)	220,831		—		—		220,831
Total assets at fair value	$	529,783	$	10,021	$	—	$	539,804

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