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Property, Plant, and Equipment (Tables)
 12 Months Ended
Jul. 02, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property Plant and Equipment

Property, plant, and equipment as of July 2, 2022 and July 3, 2021 consisted of the following:

 

(In millions)

 

As of
July 2, 2022

 

 

As of
July 3, 2021

 

 

Range of Lives

 

Buildings and building improvements

 

$

943.2

 

 

$

842.0

 

 

10 – 39 years

 

Land

 

 

101.4

 

 

 

96.0

 

 

 

—

 

Transportation equipment

 

 

880.6

 

 

 

565.4

 

 

2 – 10 years

 

Warehouse and plant equipment

 

 

599.6

 

 

 

447.8

 

 

3 – 20 years

 

Office equipment, furniture, and fixtures

 

 

377.8

 

 

 

385.2

 

 

2 – 10 years

 

Leasehold improvements

 

 

281.5

 

 

 

212.7

 

 

Lease term(1)

 

Construction-in-process

 

 

147.3

 

 

 

61.5

 

 

 

 

 

 

 

3,331.4

 

 

 

2,610.6

 

 

 

 

Less: accumulated depreciation and amortization

 

 

(1,196.9

)

 

 

(1,021.0

)

 

 

 

Property, plant and equipment, net

 

$

2,134.5

 

 

$

1,589.6

 

 

 

 

 

(1)
Leasehold improvements are depreciated over the shorter of the useful life of the asset or the lease term.