Restructuring expenses

12 Months Ended

Jul. 02, 2022

Restructuring expenses

Restructuring expenses

17. Restructuring expenses

During fiscal 2021 and prior, the Company incurred restructuring expenses related to various restructuring actions intended to achieve planned synergies from acquired businesses and to reduce future operating expenses. The following table presents the activity during fiscal 2022 related to the remaining restructuring liabilities established during fiscal 2021 and prior:

			Facility
			and Contract
	Severance		Exit Costs		Total
	(Thousands)
Balance at July 3, 2021	$	35,099	$	4,863	$	39,962
Cash payments		(23,848)		(2,531)		(26,379)
Changes in estimates, net		(4,142)		816		(3,326)
Other, principally foreign currency translation		(870)		(202)		(1,072)
Balance at July 2, 2022	$	6,239	$	2,946	$	9,185

The Company expects the majority of the remaining amounts to be paid by the first half of fiscal 2023.