SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 29, 2019

Share-based Payment Arrangement, Noncash Expense [Abstract]

Black-Scholes option model assumption table

The weighted average assumptions discussed above are noted in the table below for relevant periods as follows:

	2019		2018		2017
Dividend yield	2.5	%	2.6	%	2.8	%
Expected volatility	16.9	%	17.5	%	16.9	%
Risk-free interest rate	2.8	%	2.0	%	1.4	%
Expected Life	7.0 years		7.0 years		7.2 years

Option rollforward and other disclosures table

The following summary presents information regarding outstanding options as of June 29, 2019 and changes during the fiscal year then ended with regard to options under all stock incentive plans:

	Shares Under Option	Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding as of June 30, 2018	18,391,610	$	43.92
Granted	2,609,755	74.88
Exercised	5,796,853	40.88
Forfeited	215,235	54.29
Expired	—	—
Outstanding as of June 29, 2019	14,989,277	$	50.36	7.05	$	316,212
Vested or expected to vest as of June 29, 2019	9,018,881	$	55.01	7.71	$	152,389
Exercisable as of June 29, 2019	5,866,374	$	42.96	6.01	$	162,835

Non-vested awards rollforward table

The following summary presents information regarding outstanding non-vested awards as of June 29, 2019 and changes during the fiscal year then ended with regard to these awards under the stock incentive plans. Award types represented include restricted stock units granted to employees, restricted awards granted to non-employee directors and PSUs.

	Shares		Weighted Average Grant Date Fair Value Per Share
Non-vested as of June 30, 2018	3,086,884		$	51.08
Granted	1,262,405		69.29
Vested	(764,762	)	48.13
Forfeited	(296,786	)	55.05
Non-vested as of June 29, 2019	3,287,741		$	58.40