Plant and Equipment

12 Months Ended

Jul. 02, 2011

Property, Plant and Equipment [Abstract]

6. PLANT AND EQUIPMENT

A summary of plant and equipment, including the related accumulated depreciation, appears below:


							Estimated Useful
	July 2, 2011			July 3, 2010			Lives
	(In thousands)
Plant and equipment, at cost:
Land	$	348,168		$	322,626
Buildings and improvements		3,227,340			2,982,524		10-30 years
Fleet and equipment		2,275,007			2,153,531		3-10 years
Computer hardware and software		897,712			701,305		3-7 years

		6,748,227			6,159,986
Accumulated depreciation		(3,235,838	)		(2,956,163	)

Net plant and equipment	$	3,512,389		$	3,203,823

The capitalized direct costs for the internal use software portion of the company's Business Transformation Project are included within "computer hardware and software" in the table above in the amount of $356.2 million and $181.5 million as of July 2, 2011 and July 3, 2010, respectively.

Depreciation expense, including capital leases, for the past three years was $374.0 million in 2011, $361.7 million in 2010 and $361.1 million in 2009.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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