XML 40 R20.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Property and Equipment
12 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment, net, is presented in the table below.
June 30,
2024
June 25,
2023
 (in thousands)
Manufacturing and engineering equipment$1,956,478 $1,802,627 
Buildings and improvements1,605,802 1,286,849 
Computer and computer-related equipment178,941 174,084 
Land163,796 98,739 
Office equipment, furniture and fixtures85,629 83,108 
3,990,646 3,445,407 
Less: accumulated depreciation and amortization(1,860,664)(1,642,456)
$2,129,982 $1,802,951 
The Company has excluded $24.5 million, and $53.7 million of finance right-of-use assets recorded within property and equipment, net from the table above for the years ended June 30, 2024 and June 25, 2023, respectively. See Note 15: Leases for additional information regarding these finance lease right-of-use assets. Depreciation expense, excluding amortization of finance lease right of use assets, during fiscal years 2024, 2023, and 2022 was $299.0 million, $282.8 million, and $248.2 million, respectively.