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Derivative Financial Instruments (Tables)
 12 Months Ended
Jul. 02, 2016
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 July 2, 2016, June 27, 2015 and June 28, 2014 are as follows:
 
Asset Derivatives
 
Balance Sheet Location
 
Fair Value
 
(In thousands)
Interest rate swap agreements:
 
 
 
Jul. 2, 2016
Other assets
 
$
36,805

Jun. 27, 2015
Other assets
 
12,597
Derivatives financial statement performance table
The location and effect of derivative instruments and related hedged items on the consolidated results of operations for the fiscal periods ended July 2, 2016, June 27, 2015 and June 28, 2014 presented on a pretax basis are as follows:
 
Location of (Gain)
or Loss Recognized
 
Amount of (Gain)
or Loss Recognized
 
 
 
2016
 
2015
 
2014
 
 
 
(In thousands)
Fair Value Hedge Relationships:
 
 
 
 
 
 
 
Interest rate swap agreements
Interest expense
 
$
(12,033
)
 
$
(21,960
)
 
$
(10,879
)
Cash Flow Hedge Relationships:
 
 
 
 
 
 
 
Forward starting interest rate swap agreements
Other comprehensive income
 
(6,134
)
 
(55,374
)
 
(133,466
)
Forward starting interest rate swap agreements (1)
Interest expense
 
11,543

 
8,305

 
625

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