Financial Instruments (Tables)

6 Months Ended

Dec. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Available-for-sale investments [Table Text Block]

Fair values were as follows:

	December 30, 2017									June 24, 2017
	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss			Estimated Fair Value		Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss			Estimated Fair Value
	(in thousands)
Available-for-sale investments
Agency Securities	$	6,994	$	—	$	—		$	6,994	$	—	$	—	$	—		$	—
Certificates of deposit	50,545		—		—			50,545		—		—		—			—
Commercial paper	82,249		—		—			82,249		—		—		—			—
Corporate debt securities	423,774		38		(1,153		)	422,659		—		—		—			—
U.S. Treasury securities	631,657		—		(2,339		)	629,318		499,952		—		(1,234		)	498,718
Total available-for-sale investments	$	1,195,219	$	38	$	(3,492	)	$	1,191,765	$	499,952	$	—	$	(1,234	)	$	498,718

Schedule of long-term debt [Table Text Block]

The following table summarizes the Company’s outstanding debt obligations:

	December 30, 2017			June 24, 2017
	(in thousands)
3.45% fixed rate notes due June 2027	$	500,000		$	500,000
2.5% fixed rate notes due November 2018	500,000			500,000
3.375% fixed rate notes due March 2023	500,000			500,000
Total outstanding debt	1,500,000			1,500,000
Less: Current portion (included in "Current portion of debt")	(498,694		)	—
Less: Reduction for unamortized discount and debt issuance costs	(10,878		)	(12,322		)
Total long-term debt	$	990,428		$	1,487,678

Derivative Instruments, Gain (Loss) [Table Text Block]

The following table summarizes the gains and (losses) from hedging activities recognized in the Company's Condensed Consolidated Statements of Income:

	Three Months Ended								Six Months Ended
	December 30, 2017								December 30, 2017
	Net Revenue			Cost of Goods Sold			Operating Expenses		Net Revenue			Cost of Goods Sold			Operating Expenses
	(in thousands)
Income and expenses line items in which the effects of cash flow hedges are recorded	$	622,637		$	212,961		$	208,628	$	1,198,313		$	414,806		$	397,293
Gain (loss) on cash flow hedges:
Foreign exchange contracts:
Gain (loss) reclassified from accumulated other comprehensive income into income	$	(12	)	$	(52	)	$	278	$	(53	)	$	(49	)	$	1,425