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Comprehensive Income (Tables)
12 Months Ended
Jun. 27, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Summary of components of other comprehensive (loss) income and related tax effects
A summary of the components of other comprehensive income (loss) and the related tax effects for each of the years presented is as follows:
 
 
 
2015
 
Location of Expense
(Income) Recognized
in Net Earnings
 
Before Tax Amount
 
Tax
 
Net of Tax Amount
 
 
 
(In thousands)
Pension and other postretirement benefit plans:
 
 
 
 
 
 
 
Reclassification adjustments:
 
 
 
 
 
 
 
Amortization of prior service cost
Operating expenses
 
$
11,279

 
$
4,331

 
$
6,948

Amortization of actuarial loss (gain), net
Operating expenses
 
19,437

 
7,464

 
11,973

Total reclassification adjustments
 
 
30,716

 
11,795

 
18,921

Other comprehensive income before
    reclassification adjustments:
 
 
 

 
 

 
 

Prior service cost arising in current year
N/A
 
(914
)
 
(351
)
 
(563
)
Net actuarial gain arising in current year
N/A
 
(61,221
)
 
(23,509
)
 
(37,712
)
Total other comprehensive income before
    reclassification adjustments
 
 
(62,135
)
 
(23,860
)
 
(38,275
)
Foreign currency translation:
 
 
 

 
 

 
 

Other comprehensive income before
    reclassification adjustments:
 
 
 

 
 

 
 

Foreign currency translation adjustment
N/A
 
(232,185
)
 

 
(232,185
)
Interest rate swaps:
 
 
 

 
 

 
 

Reclassification adjustments:
 
 
 

 
 

 
 

Amortization of cash flow hedges
Interest expense
 
8,305

 
3,189

 
5,116

Other comprehensive income before
    reclassification adjustments:
 
 
 

 
 

 
 

Change in fair value of cash flow hedges
N/A
 
(55,374
)
 
(21,263
)
 
(34,111
)
Total other comprehensive income (loss)
 
 
$
(310,673
)
 
$
(30,139
)
 
$
(280,534
)
 
 
 
2014
 
Location of Expense
(Income) Recognized
in Net Earnings
 
Before Tax Amount
 
Tax
 
Net of Tax Amount
 
 
 
(In thousands)
Pension and other postretirement benefit plans:
 
 
 
 
 
 
 
Reclassification adjustments:
 
 
 
 
 
 
 
Amortization of prior service cost
Operating expenses
 
$
11,313

 
$
4,343

 
$
6,970

Amortization of actuarial loss (gain), net
Operating expenses
 
16,184

 
6,216

 
9,968

Total reclassification adjustments
 
 
27,497

 
10,559

 
16,938

Other comprehensive income before
    reclassification adjustments:
 
 
 

 
 

 
 

Prior service cost arising in current year
N/A
 
347

 
133

 
214

Net actuarial gain arising in current year
N/A
 
(207,698
)
 
(79,756
)
 
(127,942
)
Total other comprehensive income before
    reclassification adjustments
 
 
(207,351
)
 
(79,623
)
 
(127,728
)
Foreign currency translation:
 
 
 

 
 

 
 

Other comprehensive income before
    reclassification adjustments:
 
 
 

 
 

 
 

Foreign currency translation adjustment
N/A
 
(3,106
)
 

 
(3,106
)
Interest rate swaps:
 
 
 

 
 

 
 

Reclassification adjustments:
 
 
 
 
 
 
 
Amortization of cash flow hedges
Interest expense
 
625

 
240

 
385

Other comprehensive income before
    reclassification adjustments:
 
 
 
 
 
 
 
Change in fair value of cash flow hedges
N/A
 
(133,466
)
 
(51,251
)
 
(82,215
)
Total other comprehensive income (loss)
 
 
$
(315,801
)
 
$
(120,075
)
 
$
(195,726
)
 
 
 
2013
 
Location of Expense
(Income) Recognized
in Net Earnings
 
Before Tax Amount
 
Tax
 
Net of Tax Amount
 
 
 
(In thousands)
Pension and other postretirement benefit plans:
 
 
 
 
 
 
 
Reclassification adjustments:
 
 
 
 
 
 
 
Amortization of prior service cost
Operating expenses
 
$
18,360

 
$
7,050

 
$
11,310

Amortization of actuarial loss (gain), net
Operating expenses
 
72,421

 
27,811

 
44,610

Amortization of transition obligation
Operating expenses
 
141

 
53

 
88

Total reclassification adjustments
 
 
90,922

 
34,914

 
56,008

Other comprehensive income before
    reclassification adjustments:
 
 
 

 
 

 
 

Prior service cost arising in current year
N/A
 
(53,902
)
 
(20,699
)
 
(33,203
)
Net actuarial gain arising in current year
N/A
 
366,769

 
140,840

 
225,929

Total other comprehensive income before
    reclassification adjustments
 
 
312,867

 
120,141

 
192,726

Foreign currency translation:
 
 
 

 
 

 
 

Other comprehensive income before
    reclassification adjustments:
 
 
 

 
 

 
 

Foreign currency translation adjustment
N/A
 
(33,191
)
 

 
(33,191
)
Interest rate swaps:
 
 
 

 
 

 
 

Reclassification adjustments:
 
 
 

 
 

 
 

Amortization of cash flow hedges
Interest expense
 
626

 
240

 
386

Total other comprehensive income (loss)
 
 
$
371,224

 
$
155,295

 
$
215,929

Rollforward of accumulated other comprehensive (loss) income
The following table provides a summary of the changes in accumulated other comprehensive (loss) income for the years presented:
 
Pension and Other Postretirement Benefit Plans,
net of tax
 
Foreign Currency Translation
 
Interest Rate Swap,
net of tax
 
Total
 
(In thousands)
Balance as of June 30, 2012
$
(823,901
)
 
$
170,749

 
$
(9,714
)
 
$
(662,866
)
Other comprehensive income before
    reclassification adjustments
192,726

 
(33,191
)
 

 
159,535

Amounts reclassified from accumulated
    other comprehensive loss
56,008

 

 
386

 
56,394

Balance as of June 29, 2013
(575,167
)
 
137,558

 
(9,328
)
 
(446,937
)
Other comprehensive income before
    reclassification adjustments
(127,728
)
 
(3,106
)
 
(82,215
)
 
(213,049
)
Amounts reclassified from accumulated
    other comprehensive loss
16,938

 

 
385

 
17,323

Balance as of June 28, 2014
(685,957
)
 
134,452

 
(91,158
)
 
(642,663
)
Other comprehensive income before
    reclassification adjustments
(38,275
)
 
(232,185
)
 
(34,111
)
 
(304,571
)
Amounts reclassified from accumulated
    other comprehensive loss
18,921

 

 
5,116

 
24,037

Balance as of June 27, 2015
$
(705,311
)
 
$
(97,733
)
 
$
(120,153
)
 
$
(923,197
)