Commitments and Contingencies (Tables)

12 Months Ended

Jun. 26, 2022

Commitments and Contingencies Disclosure [Abstract]

Purchase Commitments

The Company’s commitments related to these agreements as of June 26, 2022, were as follows: 

Payments Due by Fiscal Year:	Purchase Obligations
	(in thousands)
2023	$	1,121,362
2024	43,330
2025	43,330
2026	4,319
2027	4,319
Thereafter	1,293
Total	$	1,217,953

Schedule of Transition Tax Liability

Significant components of the provision (benefit) for income taxes attributable to income before income taxes were as follows:

	Year Ended
	June 26, 2022		June 27, 2021		June 28, 2020
	(in thousands)
Federal:
Current	$	620,344	$	437,525	$	216,513
Deferred	(226,895)		(139,531)		(18,458)
	393,449		297,994		198,055
State:
Current	20,759		13,560		4,724
Deferred	(19,096)		(8,324)		6,524
	1,663		5,236		11,248
Foreign:
Current	204,163		162,738		119,766
Deferred	(11,447)		(3,622)		(5,844)
	192,716		159,116		113,922
Total provision for income taxes	$	587,828	$	462,346	$	323,225

The Company’s remaining obligation related to this arrangement as of June 26, 2022, were as follows: 

Payments Due by Fiscal Year (1):	Transition Tax
	(in thousands)
2023	$	69,469
2024	130,254
2025	173,672
2026	217,090
Total	$	590,485

(1) The Company may choose to apply existing tax credits, thereby reducing the actual cash payment.

Schedule of Changes in Product Warranty Reserves

Changes in the Company’s product warranty reserves were as follows: 

	Year Ended
	June 26, 2022		June 27, 2021
	(in thousands)
Balance at beginning of period	$	191,758	$	129,197
Warranties issued during the period	295,167		229,026
Settlements made during the period	(272,954)		(172,759)
Changes in liability for warranties issued during the period	14,951		—
Changes in liability for pre-existing warranties	27,336		6,294
Balance at end of period	$	256,258	$	191,758