Insurance Program Liabilities

12 Months Ended

Jul. 02, 2022

Insurance [Abstract]

Insurance Program Liabilities

10. Insurance Program Liabilities

The Company maintains high-deductible insurance programs covering portions of general and vehicle liability, workers’ compensation, and group medical insurance. The amounts in excess of the deductibles are fully insured by third-party insurance carriers, subject to certain limitations. A summary of the activity in all types of deductible liabilities appears below:

(In millions)
Balance at June 29, 2019	$	123.1
Additional liabilities assumed in connection with an acquisition	$	40.2
Charged to costs and expenses		202.2
Payments		(183.7	)
Balance at June 27, 2020	$	181.8
Charged to costs and expenses		236.6
Payments		(240.3	)
Balance at July 3, 2021	$	178.1
Additional liabilities assumed in connection with an acquisition		40.8
Charged to costs and expenses		346.5
Payments		(338.4	)
Balance at July 2, 2022	$	227.0