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Property plant and equipment, net
12 Months Ended
Jul. 03, 2021
Property plant and equipment, net  
Property, plant and equipment, net

6. Property, plant and equipment, net

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

    

July 3, 2021

    

June 27, 2020

 

(Thousands)

 

Buildings

$

121,662

$

124,007

Machinery, fixtures and equipment

 

260,342

 

242,347

Information technology hardware and software

 

835,374

 

809,182

Leasehold improvements

 

123,808

 

117,036

Depreciable property, plant and equipment, gross

 

1,341,186

 

1,292,572

Accumulated depreciation

 

(999,885)

 

(938,002)

Depreciable property, plant and equipment, net

 

341,301

 

354,570

Land

 

22,778

 

23,618

Construction in progress

 

4,373

 

26,419

Property, plant and equipment, net

$

368,452

$

404,607

Depreciation expense, including accelerated depreciation related to property, plant, and equipment, was $90.9 million, $101.1 million and $97.2 million in fiscal 2021, 2020, and 2019, respectively. Interest expense capitalized during fiscal 2021, 2020, and 2019 was not material.