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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 24, 2017
Sep. 25, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 590,690 $ 263,835
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 79,142 74,562
Deferred income taxes 43,204 7,633
Equity-based compensation expense 41,783 38,595
Amortization of note discounts and issuance costs 4,588 6,830
Other, net 6,569 16,807
Changes in operating assets and liabilities 92,330 64,962
Net cash provided by operating activities 858,306 473,224
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and intangible assets (60,064) (41,979)
Business acquisition, net of cash acquired (115,613) 0
Purchases of available-for-sale securities (1,425,407) (38,149)
Sales and maturities of available-for-sale securities 1,307,633 469,899
Transfers of restricted cash and investments 160 (5,219)
Other, net (10,600) (7,800)
Net cash (used for) provided by investing activities (303,891) 376,752
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on long-term debt and capital lease obligations and payments for debt issuance costs (301,727) (371)
Treasury stock purchases (155,385) (1,854)
Dividends paid (72,738) (48,052)
Reissuance of treasury stock related to employee stock purchase plan 0 19,320
Proceeds from issuance of common stock 1,042 1,459
Other, net 4 (10)
Net cash used for financing activities (528,804) (29,508)
Effect of exchange rate changes on cash and cash equivalents 3,317 1,911
Net increase in cash and cash equivalents 28,928 822,379
Cash and cash equivalents at beginning of period 2,377,534 [1] 5,039,322
Cash and cash equivalents at end of period 2,406,462 5,861,701
Schedule of non-cash transactions:    
Accrued payables for stock repurchases 4,350 0
Accrued payables for capital expenditures 34,531 11,631
Dividends payable 73,127 48,397
Transfers of inventory to property and equipment, net $ 11,852 $ 13,419
[1] Derived from audited financial statements