Debt (Tables)

12 Months Ended

Jul. 02, 2022

Debt

Short-term debt

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

	July 2,		July 3,		July 2,		July 3,
	2022		2021		2022		2021
	Interest Rate				Carrying Balance
Revolving credit facilities:
Credit Facility (due June 2023)	—		—		$	—	$	—
Other short-term debt and accounts receivable securitization program	2.09	%	1.24	%		174,422		23,078
Short-term debt					$	174,422	$	23,078

Long-term debt

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

	July 2,		July 3,		July 2,		July 3,
	2022		2021		2022		2021
	Interest Rate				Carrying Balance
Revolving credit facilities:
Accounts receivable securitization program	2.55	%	—		$	297,800	$	—
Public notes due:
December 2022	—		4.88	%		—		350,000
April 2026	4.63	%	4.63	%		550,000		550,000
May 2031	3.00	%	3.00	%		300,000		300,000
June 2032	5.50	%	—			300,000		—
Other long-term debt	0.00	%	1.22	%		148		1,185
Long-term debt before discount and debt issuance costs						1,447,948		1,201,185
Discount and debt issuance costs – unamortized						(10,548)		(9,856)
Long-term debt					$	1,437,400	$	1,191,329

Aggregate debt maturities

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

2023	$	174,422
2024		297,948
2025		—
2026		550,000
2027		—
Thereafter		600,000
Subtotal		1,622,370
Discount and debt issuance costs – unamortized		(10,548)
Total debt	$	1,611,822