Debt (Tables)

9 Months Ended

Mar. 30, 2024

Debt

Short-term debt

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

	March 30,		July 1,		March 30,		July 1,
	2024		2023		2024		2023
	Interest Rate				Carrying Balance
Revolving credit facilities:
Accounts receivable securitization program (due December 2024)	6.18	%	—		$	475,700	$	—
Other short-term debt	5.61	%	5.08	%		72,819		70,636
Short-term debt					$	548,519	$	70,636

Long-term debt

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

	March 30,		July 1,		March 30,		July 1,
	2024		2023		2024		2023
	Interest Rate				Carrying Balance
Revolving credit facilities:
Accounts receivable securitization program	—		5.99	%	$	—	$	555,800
Credit Facility	5.25	%	4.85	%		745,128		796,552
Other long-term debt	4.74	%	—			23,599		—
Public notes due:
April 2026	4.63	%	4.63	%		550,000		550,000
May 2031	3.00	%	3.00	%		300,000		300,000
June 2032	5.50	%	5.50	%		300,000		300,000
March 2028	6.25	%	6.25	%		500,000		500,000
Long-term debt before discount and debt issuance costs						2,418,727		3,002,352
Discount and debt issuance costs – unamortized						(12,306)		(14,323)
Long-term debt					$	2,406,421	$	2,988,029