SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 27, 2020

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:

	2020		2019		2018
Dividend yield	2.4	%	2.5	%	2.6	%
Expected volatility	18.3	%	16.9	%	17.5	%
Risk-free interest rate	1.5	%	2.8	%	2.0	%
Expected Life	7.0 years		7.0 years		7.0 years

Option rollforward and other disclosures table

The following summary presents information regarding outstanding options as of June 27, 2020 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 29, 2019	14,989,277	$	50.36
Granted	3,286,943	73.15
Exercised	4,518,342	44.19
Forfeited	1,809,674	62.52
Expired	—	—
Outstanding as of June 27, 2020	11,948,204	$	57.12	6.98	$	45,574
Vested or expected to vest as of June 27, 2020	5,762,300	$	65.83	8.22	$	9,400
Exercisable as of June 27, 2020	6,083,923	$	48.67	5.77	$	36,012

Non-vested awards rollforward table

The following summary presents information regarding outstanding non-vested awards as of June 27, 2020 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 29, 2019	3,287,741	$	58.40
Granted	1,505,605	72.28
Vested	(1,367,165)	54.44
Forfeited	(583,552)	64.97
Non-vested as of June 27, 2020	2,842,629	$	66.31