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Debt financing (Tables)
6 Months Ended
Dec. 27, 2014
Debt Disclosure [Abstract]  
Short-term borrowings
Short-term debt consists of the following (in thousands):
 
December 27,
2014
 
June 28,
2014
 
December 27,
2014
 
June 28,
2014
 
Interest Rate
 
Carrying Balance
Bank credit facilities and other
4.42%
 
3.20%
 
$
159,184

 
$
250,088

Accounts receivable securitization program
—
 
0.60%
 
—

 
615,000

Notes due September 1, 2015
6.00%
 
—
 
250,000

 
—

Short-term debt
 
 
 
 
$
409,184

 
$
865,088

Long-term debt
Long-term debt consists of the following (in thousands):

 
December 27,
2014
 
June 28,
2014
 
December 27,
2014
 
June 28,
2014
 
Interest Rate
 
Carrying Balance
Revolving credit facilities:
 
 
 
 
 
 
 
Accounts receivable securitization program
0.56%
 
—
 
$
692,000

 
$
—

2014 Credit Facility
3.55%
 
—
 
50,000

 
—

2012 Credit Facility
—
 
3.55%
 
—

 
12,000

Notes due:
 
 
 
 
 
 
 
September 1, 2015
—
 
6.00%
 
—

 
250,000

September 15, 2016
6.63%
 
6.63%
 
300,000

 
300,000

June 15, 2020
5.88%
 
5.88%
 
300,000

 
300,000

December 1, 2022
4.88%
 
4.88%
 
350,000

 
350,000

Other long-term debt
1.44%
 
1.40%
 
2,104

 
3,867

Long-term debt before discount
 
 
 
 
1,694,104

 
1,215,867

Discount on Notes
 
 
 
 
(1,797
)
 
(2,053
)
Long-term debt
 
 
 
 
$
1,692,307

 
$
1,213,814