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ACCRUED AND OTHER LIABILITIES (Schedule of Other Accrued Liabilities) (Details) - USD ($)
$ in Millions
Mar. 25, 2020
Jun. 27, 2019
Jun. 26, 2019
Other accrued liabilities [Line Items]      
Insurance $ 21.0   $ 17.9
Property tax 18.6   17.3
COVID-19-related costs [1] 15.4   0.0
Dividends [2] 15.1   14.9
Interest 14.6   7.5
Current installments of finance leases 13.0 [3]   9.7
Sales tax 12.6   14.6
Deferred franchise and development fees 1.4   1.4
Deferred sale leaseback gains [4] 0.0   19.3
Straight-line rent [4] 0.0   5.1
Landlord contributions [4] 0.0   2.7
Cyber security incident 0.0   0.8
Other [5] 22.2   29.9
Other accrued liabilities $ 133.9 $ 102.8 $ 141.1
[1]
COVID-19 related costs accrued at March 25, 2020 relate to employee relief payments. Refer to Note 2 - Novel Coronavirus Pandemic for further details.
[2]
Dividends included the current dividend payable on shares outstanding and current dividends previously accrued related to restricted share awards that will vest in the next year. Other liabilities contain the dividends accrued related to restricted shares that will vest after one year period. Refer to Note 12 - Shareholders’ Deficit for further details.
[3]
Finance lease assets are recorded in Property and equipment, at cost, and the related current and long-term lease liabilities are recorded within Other accrued liabilities and Long-term debt and finance leases, less current installments, respectively.
[4] Upon the adoption of ASC 842, the Deferred sale leaseback gains were eliminated as a cumulative effect adjustment to Retained earnings. Additionally, Straight-line rent and Landlord contributions balances were reclassified as a decrease to Operating lease assets upon the adoption of ASC 842. Refer to Note 4 - Leases for further details.
[5]
Other primarily consisted of accruals for utilities and services, charitable donations, banquet deposits for Maggiano’s events, rent-related expenses, certain exit-related lease accruals and other various accruals. Accrual balances for certain exit-related lease accruals and rent-related expenses were reclassified as a decrease to Operating lease assets upon the adoption of ASC 842. Refer to Note 4 - Leases for further details.