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EARNINGS PER SHARE (Tables)
 12 Months Ended
Jul. 02, 2022
Earnings Per Share, Basic [Abstract]  
Computation of basic and diluted earnings per share The following table sets forth the computation of basic and diluted earnings per share:
 202220212020
 (In thousands, except for share and per share data)
Numerator:  
Net earnings$1,358,768 $524,209 $215,475 
Denominator: 
Weighted-average basic shares outstanding510,630,645 510,696,398 510,121,071 
Dilutive effect of share-based awards3,375,182 2,858,690 3,904,903 
Weighted-average diluted shares outstanding514,005,827 513,555,088 514,025,974 
Basic earnings per share$2.66 $1.03 $0.42 
Diluted earnings per share$2.64 $1.02 $0.42