Fair Value (Tables)

6 Months Ended

Dec. 30, 2012

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following table presents the Company’s fair value hierarchy for its financial assets (cash equivalents and marketable securities) measured at fair value on a recurring basis as of December 30, 2012:



In thousands Description	Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Total
Assets
Investments in U.S. Treasury securities and money-market funds	$	343,504	$	—	$	343,504
Investments in municipal bonds, obligations of U.S. government- sponsored enterprises, corporate debt and commercial paper	—		888,457		888,457
Total assets measured at fair value	$	343,504	$	888,457	$	1,231,961

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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