FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Mar. 27, 2021

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value table

The following tables present the company’s assets measured at fair value on a recurring basis as of March 27, 2021 and June 27, 2020:

	Assets Measured at Fair Value as of Mar. 27, 2021
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash equivalents
Cash and cash equivalents	$	4,406,267	$	150,466	$	—	$	4,556,733
Other assets (1)	29,309		—		—		29,309
Total assets at fair value	$	4,435,576	$	150,466	$	—	$	4,586,042

(1)Represents restricted cash balance recorded within other assets in the consolidated balance sheet.

	Assets Measured at Fair Value as of Jun. 27, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Cash equivalents
Cash and cash equivalents	$	5,245,487	$	300,200	$	—	$	5,545,687
Other assets (1)	36,143		—		—		36,143
Total assets at fair value	$	5,281,630	$	300,200	$	—	$	5,581,830

(1)Represents restricted cash balance recorded within other assets in the consolidated balance sheet.