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Property plant and equipment, net
12 Months Ended
Jun. 27, 2020
Property plant and equipment, net  
Property, plant and equipment, net

5. Property, plant and equipment, net

Property, plant and equipment are recorded at cost and consist of the following:

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June 27, 2020

    

June 29, 2019

 

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(Thousands)

 

Buildings

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$

124,007

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$

121,847

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Machinery, fixtures and equipment

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242,347

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224,838

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Information technology hardware and software

​

 

809,182

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799,324

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Leasehold improvements

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117,036

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107,659

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Depreciable property, plant and equipment, gross

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1,292,572

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1,253,668

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Accumulated depreciation

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(938,002)

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(886,062)

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Depreciable property, plant and equipment, net

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354,570

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367,606

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Land

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23,618

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23,874

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Construction in progress

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26,419

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60,691

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Property, plant and equipment, net

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$

404,607

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$

452,171

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Depreciation expense including accelerated depreciation related to property, plant and equipment was $101.1 million, $97.2 million and $143.4 million in fiscal 2020, 2019 and 2018, respectively. Interest expense capitalized during fiscal 2020, 2019 and 2018 was not material.

Included as a component of restructuring, integration and other expenses was $10.9 million, $11.3 million and $52.9 million of accelerated depreciation expense for fiscal 2020, 2019 and 2018, respectively, associated with the changes in estimates of the useful life of certain information technology hardware and software in the Americas.