Debt (Tables)

12 Months Ended

Jul. 03, 2021

Debt

Short-term debt

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

	July 3,		June 27,		July 3,		June 27,
	2021		2020		2021		2020
	Interest Rate				Carrying Balance
Accounts receivable securitization program and other	1.24	%	5.69	%	$	23,078	$	51
Short-term debt					$	23,078	$	51

Long-term debt

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

	July 3,		June 27,		July 3,		June 27,
	2021		2020		2021		2020
	Interest Rate				Carrying Balance
Revolving credit facilities:
Credit Facility (due June 2023)	—		1.28	%	$	—	$	230,000
Public notes due:
December 2021	—		3.75	%		—		300,000
December 2022	4.88	%	4.88	%		350,000		350,000
April 2026	4.63	%	4.63	%		550,000		550,000
May 2031	3.00	%	—			300,000
Other long-term debt	1.22	%	1.19	%		1,185		1,491
Long-term debt before discount and debt issuance costs						1,201,185		1,431,491
Discount and debt issuance costs – unamortized						(9,856)		(6,700)
Long-term debt					$	1,191,329	$	1,424,791

Aggregate debt maturities

Aggregate debt maturities for the next five fiscal years and thereafter are as follows (in thousands):

2022	$	23,078
2023		350,409
2024		377
2025		183
2026		550,216
Thereafter		300,000
Subtotal		1,224,263
Discount and debt issuance costs – unamortized		(9,856)
Total debt	$	1,214,407