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Derivative Financial Instruments (Tables)
12 Months Ended
Jun. 27, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives balance sheet location table
The location and the fair value of derivative instruments designated as hedges in the consolidated balance sheet as of each fiscal year-end are as follows:
 
Asset Derivatives
 
Liability Derivatives
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
 
(In thousands)
Interest rate swap agreements:
 
 
 

 
 
 
 

June 27, 2015
Other assets
 
$
12,597

 
Accrued expenses
 
$

June 28, 2014
Other assets
 
4,828

 
Accrued expenses
 
133,466

Derivatives financial statement performance table
The location and effect of derivative instruments and related hedged items on the consolidated comprehensive income for each fiscal year presented on a pretax basis are as follows:
 
 
 
Amount of (Gain) or Loss
 
 
 
Recognized in Comprehensive Income
 
Location of (Gain) or Loss Recognized in  Comprehensive Income
 
2015
 
2014
 
2013
 
 
 
(In thousands)
Fair Value Hedge Relationships:
 
 
 

 
 

 
 

Interest rate swap agreements
Interest expense
 
$
(21,960
)
 
$
(10,879
)
 
$
(4,492
)
Cash Flow Hedge Relationships:
 
 
 

 
 

 
 

Forward starting interest rate swap agreements
Other comprehensive income
 

 
$
133,466

 
N/A

Forward starting interest rate swap agreements (1)
Interest expense
 
8,305

 
625

 
626



(1) Represents amortization of losses on forward starting interest rate swap agreements that were previously settled.