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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Jun. 29, 2013	Jul. 26, 2013	Dec. 28, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	AVNET INC
Entity Central Index Key	0000008858
Document Type	10-K
Document Period End Date	Jun. 29, 2013
Current Fiscal Year End Date	--06-29
Amendment Flag	false
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 4,058,517,453
Entity Common Stock, Shares Outstanding		137,153,362

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 1,009,343	$ 1,006,864
Receivables, less allowances of $95,656 and $106,319, respectively (Note 3)	4,868,973	4,607,324
Inventories	2,264,341	2,388,642
Prepaid and other current assets	214,221	251,609
Total current assets	8,356,878	8,254,439
Property, plant and equipment, net (Note 5)	492,606	461,230
Goodwill (Notes 2 and 6)	1,261,288	1,100,621
Other assets	363,908	351,576
Total assets	10,474,680	10,167,866
Current liabilities:
Borrowings due within one year (Note 3 and 7)	838,190	872,404
Accounts payable	3,278,152	3,230,765
Accrued expenses and other (Note 8)	705,102	695,483
Total current liabilities	4,821,444	4,798,652
Long-term debt (Note 7)	1,206,993	1,271,985
Other long-term liabilities (Notes 9 and 10)	157,118	191,497
Total liabilities	6,185,555	6,262,134
Commitments and contingencies (Notes 11 and 13)
Shareholders' equity (Notes 4, 12 and 14):
Common stock $1.00 par; authorized 300,000,000 shares; issued 137,127,000 shares and 142,586,000 shares, respectively	137,127	142,586
Additional paid-in capital	1,320,901	1,263,817
Retained earnings	2,802,966	2,545,858
Accumulated other comprehensive (loss) income (Note 4)	28,895	(45,832)
Treasury stock at cost, 38,238 shares and 37,872 shares, respectively	(764)	(697)
Total shareholders' equity	4,289,125	3,905,732
Total liabilities and shareholders' equity	$ 10,474,680	$ 10,167,866

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012
Current assets:
Allowances for receivables	$ 95,656	$ 106,319
Shareholders' equity (Notes 4, 12 and 14):
Common stock, par value	$ 1.00	$ 1.00
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	137,127,000	142,586,000
Treasury stock, shares	38,238	37,872

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Sales	$ 25,458,924	$ 25,707,522	$ 26,534,413
Cost of sales	22,479,123	22,656,965	23,426,608
Gross profit	2,979,801	3,050,557	3,107,805
Selling, general and administrative expenses	2,204,319	2,092,807	2,100,650
Restructuring, integration and other charges (Note 17)	149,501	73,585	77,176
Operating income	625,981	884,165	929,979
Other income (expense), net	(74)	(5,442)	10,724
Interest expense	(107,653)	(90,859)	(92,452)
Gain on bargain purchase and other (Note 2)	31,011	2,918	22,715
Income before income taxes	549,265	790,782	870,966
Income tax provision (Note 9)	99,192	223,763	201,897
Net income	$ 450,073	$ 567,019	$ 669,069
Net earnings per share (Note 14):
Basic	$ 3.26	$ 3.85	$ 4.39
Diluted	$ 3.21	$ 3.79	$ 4.34
Shares used to compute earnings per share (Note 14):
Basic	137,951	147,278	152,481
Diluted	140,003	149,553	154,337

Consolidated Statements of Comprehensive Income Statement - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Net Income	$ 450,073	$ 567,019	$ 669,069
Other comprehensive income, net of tax:
Foreign currency translation adjustments	44,597	(370,415)	329,884
Pension liability adjustments	30,130	(52,628)	19,965
Total comprehensive income	$ 524,800	$ 143,976	$ 1,018,918

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 10, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A7
-Appendix A

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 87-21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 28, 29, 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
Beginning Balance at Jul. 03, 2010	$ 3,009,117	$ 151,874	$ 1,206,132	$ 1,624,441	$ 27,362	$ (692)
Net income	669,069			669,069
Translation adjustments	329,884				329,884
Pension liability adjustment, net of tax	19,965				19,965
Stock option and incentive programs, including related tax benefits	28,035	961	27,077			(3)
Ending Balance at Jul. 02, 2011	4,056,070	152,835	1,233,209	2,293,510	377,211	(695)
Net income	567,019			567,019
Translation adjustments	(370,415)				(370,415)
Pension liability adjustment, net of tax	(52,628)				(52,628)
Repurchases of common shares (Note 4)	(325,941)	(11,270)		(314,671)
Stock option and incentive programs, including related tax benefits	31,627	1,021	30,608			(2)
Ending Balance at Jun. 30, 2012	3,905,732	142,586	1,263,817	2,545,858	(45,832)	(697)
Net income	450,073
Translation adjustments	44,597				44,597
Pension liability adjustment, net of tax	30,130				30,130
Repurchases of common shares (Note 4)	(199,585)	(6,620)		(192,965)
Stock option and incentive programs, including related tax benefits	34,385	1,161	33,291			(67)
Acquisition of non-controlling interest	23,793		23,793
Ending Balance at Jun. 29, 2013	$ 4,289,125	$ 137,127	$ 1,320,901	$ 2,802,966	$ 28,895	$ (764)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

- Definition

Value of stock (or other type of equity) granted during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. This element is not the recognition of equity-based compensation expense in pursuant to FAS 123R. That element is AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue (Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition, Value).

+ References + Details

Consolidated Statements of Shareholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Tax on pension liability adjustment	$ 19,062	$ 32,382	$ 12,022
Related tax benefits on stock option and incentive programs	$ 4,110	$ 4,442	$ 4,689

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Cash flows from operating activities:
Net income	$ 450,073	$ 567,019	$ 669,069
Non-cash and other reconciling items:
Depreciation and amortization	120,676	101,336	81,389
Deferred income taxes (Note 9)	(10,019)	11,782	15,966
Stock-based compensation (Note 12)	43,677	35,737	28,931
Gain on bargain purchase and other (Note 2)	(31,011)	(2,918)	(22,715)
Other, net (Note 15)	75,327	66,263	56,846
Changes in (net of effects from businesses acquired):
Receivables	(94,203)	72,267	(421,457)
Inventories	225,667	133,178	(321,939)
Accounts payable	(78,834)	(319,094)	165,185
Accrued expenses and other, net	(5,156)	(136,852)	26,804
Net cash flows provided by (used for) operating activities	696,197	528,718	278,079
Cash flows from financing activities:
(Repayments of) borrowings under accounts receivable securitization program, net (Note 3)	(310,000)	510,000	160,000
Issuance of notes in a public offering, net of issuance costs (Note 7)	349,258	0	0
Repayment of notes (Note 7)	0	0	(109,600)
(Repayments of) proceeds from bank debt, net (Note 7)	(179,861)	86,823	1,644
(Repayments of) proceeds from other debt, net (Note 7)	(1,080)	(1,007)	7,238
Repurchases of common stock (Note 4)	(207,192)	(318,333)	0
Other, net (Note 12)	4,792	5,590	3,930
Net cash flows provided by financing activities	(344,083)	283,073	63,212
Cash flows from investing activities:
Purchases of property, plant and equipment	(97,379)	(128,652)	(148,707)
Cash proceeds from sales of property, plant and equipment	3,018	1,046	10,621
Acquisitions of operations and investments, net of cash acquired (Note 2)	(262,306)	(313,218)	(690,997)
Cash proceeds from divestiture activities (Note 2)	3,613	0	19,108
Net cash flows used for investing activities	(353,054)	(440,824)	(809,975)
Effect of exchange rate changes on cash and cash equivalents	3,419	(39,437)	51,916
Cash and cash equivalents:
- increase (decrease)	2,479	331,530	(416,768)
- at beginning of year	1,006,864	675,334	1,092,102
- at end of year	$ 1,009,343	$ 1,006,864	$ 675,334

Summary of significant accounting policies	12 Months Ended
Summary of significant accounting policies	Jun. 29, 2013
Accounting Policies [Abstract]
Summary of significant accounting policies	Summary of significant accounting policies Principles of consolidation — The accompanying consolidated financial statements include the accounts of the Company and all of its majority-owned and controlled subsidiaries. All intercompany accounts and transactions have been eliminated. Cash and cash equivalents — The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Inventories — Inventories, comprised principally of finished goods, are stated at cost (first-in, first-out) or market, whichever is lower. Investments — Investments in joint ventures and entities in which the Company has an ownership interest greater than 50% and exercises control over the venture are consolidated in the accompanying consolidated financial statements. Non-controlling interests in the years presented are not material and, as a result, are included in the caption “accrued expenses and other” in the accompanying consolidated balance sheets. Investments in joint ventures and entities in which the Company exercises significant influence but not control are accounted for using the equity method. The Company invests from time to time in ventures in which the Company’s ownership interest is less than 20% and over which the Company does not exercise significant influence. Such investments are accounted for using the cost method. The fair values for investments not traded on a quoted exchange are estimated based upon the historical performance of the ventures, the ventures’ forecasted financial performance and management’s evaluation of the ventures’ viability and business models. To the extent the book value of an investment exceeds its assessed fair value, the Company will record an appropriate impairment charge. Thus, the carrying value of the Company’s investments approximates fair value. Depreciation and amortization — Depreciation and amortization is generally provided for by the straight-line method over the estimated useful lives of the assets. The estimated useful lives for depreciation and amortization are typically as follows: buildings — 30 years; machinery, fixtures and equipment — 2-10 years; and leasehold improvements — over the applicable remaining lease term or useful life if shorter. Long-lived assets — Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. An impairment is recognized when the estimated undiscounted cash flows expected to result from the use of the asset and its eventual disposition is less than its carrying amount. An impairment is measured as the amount by which an asset’s net book value exceeds its estimated fair value. The Company continually evaluates the carrying value and the remaining economic useful life of all long-lived assets and will adjust the carrying value and the related depreciation and amortization period if and when appropriate. Goodwill — Goodwill represents the excess of the purchase price over the fair value of net assets acquired. Annual tests for goodwill impairment are performed by applying a fair-value based test to Avnet’s six reporting units, defined as each of the three regional businesses, which are the Americas, EMEA (Europe, Middle East and Africa), and Asia, within each of the Company’s operating groups. The Company conducts its periodic test for goodwill impairment annually, on the first day of the fiscal fourth quarter. A two-step process is used to evaluate goodwill for impairment. The first step is to determine if there is an indication of impairment by comparing the estimated fair value of each reporting unit to its carrying value including existing goodwill. Goodwill is considered impaired if the carrying value of a reporting unit exceeds the estimated fair value. The second step, which is performed only if there is an indication of impairment, determines the amount of the impairment by comparing the implied fair value of the reporting unit’s goodwill with its carrying value. To estimate fair value of each reporting unit, the Company uses a combination of present value and market valuation techniques that utilizes Level 3 criteria under the fair value measurement standards. The estimated fair values could change in the future due to changes in market and business conditions that could affect the assumptions and estimates used in these valuation techniques. Foreign currency translation — The assets and liabilities of foreign operations are translated into U.S. Dollars at the exchange rates in effect at the balance sheet date, with the related translation adjustments reported as a separate component of shareholders’ equity and comprehensive income. Results of operations are translated using the average exchange rates prevailing throughout the period. Transactions denominated in currencies other than the functional currency of the Avnet business unit that is party to the transaction (primarily trade receivables and payables) are translated at exchange rates in effect at the balance sheet date or upon settlement of the transaction. Gains and losses from such translation are recorded in the consolidated statements of operations as a component of “other income (expense), net.” In fiscal 2013, 2012 and 2011, gains or losses on foreign currency translation were not material. Income taxes — The Company follows the asset and liability method of accounting for income taxes. Deferred income tax assets and liabilities are recognized for the estimated future tax impact of differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. Deferred income tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in earnings in the period in which the new rate is enacted. Based upon historical and projected levels of taxable income and analysis of other key factors, the Company may record a valuation allowance against its deferred tax assets, as deemed necessary, to state such assets at their estimated net realizable value. The Company establishes reserves for potentially unfavorable outcomes of positions taken on certain tax matters. These reserves are based on management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. There may be differences between the anticipated and actual outcomes of these matters that may result in reversals of reserves or additional tax liabilities in excess of the reserved amounts. To the extent such adjustments are warranted, the Company’s effective tax rate may potentially fluctuate as a result. In accordance with the Company's accounting policy, accrued interest and penalties, if any, related to unrecognized tax benefits are recorded as a component of income tax expense. No provision for U.S. income taxes has been made for approximately $2.7 billion of cumulative unremitted earnings of foreign subsidiaries at June 29, 2013 because those earnings are expected to be permanently reinvested outside the U.S. A hypothetical calculation of the deferred tax liability, assuming those earnings were remitted, is not practicable. Self-insurance — The Company is primarily self-insured for workers’ compensation, medical, and general, product and automobile liability costs; however, the Company also has a stop-loss insurance policy in place to limit the Company’s exposure to individual and aggregate claims made. Liabilities for these programs are estimated based upon outstanding claims and claims estimated to have been incurred but not yet reported based upon historical loss experience. These estimates are subject to variability due to changes in trends of losses for outstanding claims and incurred but not recorded claims, including external factors such as future inflation rates, benefit level changes and claim settlement patterns. Revenue recognition —Revenue from product sales is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the sales price is fixed or determinable and collectability is reasonably assured. Generally, these criteria are met upon shipment to customers. Most of the Company’s product sales come from product Avnet purchases from a supplier and holds in inventory. A portion of the Company’s sales are shipments of product directly from its suppliers to its customers. In such circumstances, Avnet negotiates the price with the customer, pays the supplier directly for the product shipped and bears credit risk of collecting payment from its customers. Furthermore, in such drop-shipment arrangements, Avnet bears responsibility for accepting returns of product from the customer even if Avnet, in turn, has a right to return the product to the original supplier if the product is defective. Under these terms, the Company serves as the principal with the customer and, therefore, recognizes the sale and cost of sale of the product upon receiving notification from the supplier that the product has shipped. In addition, the Company has more limited contractual relationships with certain of its customers and suppliers whereby Avnet assumes an agency relationship in the transaction. In such arrangements, the Company recognizes the fee associated with serving as an agent in sales with no associated cost of sales. Revenues from maintenance contracts are recognized ratably over the life of the contracts, generally ranging from one to three years. Revenues are recorded net of discounts, rebates and estimated returns. Provisions are made for discounts and rebates, which are primarily volume-based, and are based on historical trends and anticipated customer buying patterns. Provisions for returns are estimated based on historical sales returns, credit memo analysis and other known factors. Comprehensive income — Comprehensive income represents net income for the year adjusted for changes in shareholders’ equity from non-shareholder sources. Accumulated comprehensive income items typically include currency translation and the impact of the Company’s pension liability adjustment, net of tax (see Note 4). Stock-based compensation —The Company measures share-based payments, including grants of employee stock options, at fair value and recognizes the associated expense in the consolidated statement of operations over the requisite service period (see Note 12). Concentration of credit risk — Financial instruments that potentially subject the Company to a concentration of credit risk principally consist of cash and cash equivalents and trade accounts receivable. The Company invests its excess cash primarily in overnight Eurodollar time deposits and institutional money market funds with quality financial institutions. To reduce credit risk, management performs ongoing credit evaluations of its customers’ financial condition and, in some instances, has obtained insurance coverage to reduce such risk. The Company maintains reserves for potential credit losses, but has not experienced any material losses related to individual customers or groups of customers in any particular industry or geographic area. Fair value of financial instruments — The Company measures financial assets and liabilities at fair value based upon exit price, representing the amount that would be received on the sale of an asset or paid to transfer a liability, in an orderly transaction between market participants. Accounting standards require inputs used in valuation techniques for measuring fair value on a recurring or non-recurring basis be assigned to a hierarchical level as follows: Level 1 are observable inputs that reflect quoted prices for identical assets or liabilities in active markets. Level 2 are observable market-based inputs or unobservable inputs that are corroborated by market data and Level 3 are unobservable inputs that are not corroborated by market data. All transfers between fair value hierarchy levels are recognized by the Company at the end of each reporting period. During 2013, 2012, and 2011, there were no transfers of assets measured at fair value between the three levels of fair value hierarchy. The carrying amounts of the Company’s financial instruments, including cash and cash equivalents, receivables and accounts payable approximate their fair values at June 29, 2013 due to the short-term nature of these instruments. At June 29, 2013 and June 30, 2012, the Company had $2,089,000 and $337,405,000, respectively, of cash equivalents which were recorded based upon Level 1 criteria. See Note 7 for further discussion of the fair value of the Company’s fixed rate long-term debt instruments and Note 10 for a discussion of the fair value of the Company's Pension plan assets. See also Investments in this Note 1 for further discussion of the fair value of the Company’s investments in unconsolidated entities. Derivative financial instruments — Many of the Company’s subsidiaries, on occasion, purchase and sell products in currencies other than their functional currencies. This subjects the Company to the risks associated with fluctuations in foreign currency exchange rates. The Company reduces this risk by utilizing natural hedging (offsetting receivables and payables) as well as by creating offsetting positions through the use of derivative financial instruments, primarily forward foreign exchange contracts with maturities of less than sixty days. The Company continues to have exposure to foreign currency risks to the extent they are not hedged. The Company adjusts all foreign denominated balances and any outstanding foreign exchange contracts to fair market value through the consolidated statements of operations. Therefore, the market risk related to the foreign exchange contracts is offset by the changes in valuation of the underlying items being hedged. The asset or liability representing the fair value of foreign exchange contracts, based upon Level 2 criteria under the fair value measurements standards, is classified in the captions “other current assets” or “accrued expenses and other,” as applicable, in the accompanying consolidated balance sheets and were not material. In addition, the Company did not have material gains or losses related to the forward contracts which are recorded in “other income (expense), net” in the accompanying consolidated statements of operations. The Company has, from time to time, entered into hedge transactions that convert certain fixed rate debt to variable rate debt. To the extent the Company enters into such hedge transactions, those fair value hedges and the hedged debt are adjusted to current market values through interest expense. The Company generally does not hedge its investment in its foreign operations. The Company does not enter into derivative financial instruments for trading or speculative purposes and monitors the financial stability and credit standing of its counterparties. Accounts receivable securitization — The Company has an accounts receivable securitization program whereby the Company may sell receivables in securitization transactions and retain a subordinated interest and servicing rights to those receivables. The securitization program is accounted for as an on-balance sheet financing through the securitization of accounts receivable (see Note 3). Fiscal year — The Company operates on a “52/53 week” fiscal year, which ends on the Saturday closest to June 30th. Fiscal 2013, 2012, and 2011 all contained 52 weeks. Unless otherwise noted, all references to “fiscal 2013” or any other “year” shall mean the Company’s fiscal year. Management estimates — The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Recently issued accounting pronouncements — In December 2011, the Financial Accounting Standards Board ("FASB") issued ASU No. 2011-11, Disclosures about Offsetting Assets and Liabilities, (“ASU 2011-11”). ASU 2011-11 requires an entity to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. In January 2013, the FASB issued ASU No. 2013-01, Scope Clarification of Disclosures about Offsetting Assets and Liabilities, ("ASU 2013-01"), which was issued to limit the scope of the new balance sheet offsetting disclosure requirements as prescribed by ASU 2011-11. ASU 2011-11 and ASU 2013-01 are effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Retrospective disclosure is required for all comparative periods presented. The adoption of ASU 2011-11 and ASU 2013-01 are not expected to have a material impact on the Company’s consolidated financial statements. In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, (“ASU 2013-02”). ASU 2013-02 requires entities to report information about reclassifications out of accumulated other comprehensive income ("AOCI") and changes in AOCI balances by component. For significant items reclassified out of AOCI to net income in their entirety in the same reporting period, reporting is required about the effect of the reclassifications on the respective line items in the statement where net income is presented (either on the face of the statement where net income is presented or in the notes). For items that are not reclassified to net income in their entirety in the same reporting period (e.g., pension amounts that are included in inventory), a cross reference to other disclosures is required in the notes. ASU 2013-02 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2012. This ASU is to be applied prospectively and early adoption is permitted. The adoption of ASU 2013-02 will not have a material impact on the Company’s consolidated financial statements, as it only represents a modification of disclosure requirements within the financial statements. In February 2013, the FASB issued ASU No. 2013-04, Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date (“ASU 2013-04”). ASU 2013-04 provides guidance for the recognition, measurement and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this ASU is fixed at the reporting date. The guidance requires an entity to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors as well as any additional amount the reporting entity expects to pay on behalf of its co-obligors. ASU 2013-04 also requires an entity to disclose the nature and amount of those obligations. The amendments in this ASU are effective for reporting periods beginning after December 15, 2013, with early adoption permitted. Retrospective application is required. The adoption of ASU 2013-04 is not expected to have a material impact on the Company's consolidated financial statements. In March 2013, the FASB issued Accounting Standards Update No. 2013-05, Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity ("ASU No. 2013-05"), which clarifies preexisting guidance regarding the treatment of cumulative translation adjustments when a parent either sells a part or all of its investment in a foreign entity. ASU No. 2013-05 is effective for fiscal years beginning after December 2014, and interim and annual periods thereafter. The Company has reviewed the main provisions of ASU No. 2013-05 and believes that adoption of this update will not have a material impact on the Company's financial position or results of operations.

Acquisitions and divestitures

12 Months Ended

Jun. 29, 2013

Acquisitions and divestitures [Abstract]

Acquisitions and divestitures

2013 Acquisitions

During fiscal 2013, the Company acquired 12 businesses with aggregate annualized revenue of approximately $1.18 billion for a total consideration of $308,951,000, which consisted of the following (in thousands):



Cash	$	297,484
Contingent consideration	11,467
Total	$	308,951

The contingent consideration arrangements stipulate the Company pay up to a maximum of approximately $22,150,000 of additional consideration to the former shareholders of the acquired businesses upon the achievement of certain operating results. The Company estimated the fair value of the contingent consideration using an income approach which is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in ASC 820. The Company adjusts the contingent consideration periodically based on changes to the inputs used in the income approach and the accretion of interest associated with the discounted liability.

Cash paid for acquisitions during fiscal 2013 was $262,306,000, net of cash acquired and holdback reserves.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective acquisition dates (in thousands):



Cash	$	29,276
Accounts receivable, net	226,743
Inventory	91,791
Other current assets	33,689
Property, plant and equipment	25,311
Other assets	47,292
Total identifiable assets acquired	454,102

Current liabilities	(157,986		)
Long term debt	(66,367		)
Other long term liabilities	(45,640		)
Total liabilities assumed	(269,993		)
Net identifiable assets acquired	184,109
Goodwill	157,521
Bargain purchase recognized	(32,679		)
Net assets acquired	$	308,951

The $157,521,000 of goodwill was assigned to the Electronics Marketing and Technology Solutions reportable segments in the amounts of $62,039,000 and $95,482,000, respectively. The goodwill recognized is attributable primarily to expected synergies and the assembled workforce of the acquired businesses. The amount of goodwill that is expected to be deductible for income tax purposes is not significant. The Company periodically adjusts the value of goodwill to reflect changes that occur as a result of adjustments during the measurement period following the date of acquisition.

Included in "Other assets" in the above table is $35,248,000 of identifiable intangible assets (see Note 6) related to customer relationships.

The Company acquired accounts receivable, which were recorded at the estimated fair value amounts; however, adjustments to acquired amounts were not significant as book value approximated fair value due to the short nature of accounts receivables. The gross amount of accounts receivable acquired was $228,980,000 and the fair value recorded was $226,743,000, which is expected to be collected.

The Company recognized restructuring and integration charges, and transaction and other costs associated with the 2013 acquisitions, all of which were recognized in the consolidated statement of operations and are described further in Note 17.

Supplemental information on an unaudited pro forma basis, as if the acquisitions had been consummated as of July 3, 2011, is presented as follows:



	Pro Forma Results For Years Ended
	June 29, 2013		June 30, 2012
	(Thousands)
Sales	$	25,771,000	$	26,872,000
Net income	$	454,000	$	587,000

With respect to the businesses acquired during fiscal 2013, the Company is unable to determine the amount of revenue and earnings of each business subsequent to their respective acquisition dates as each business has been integrated with Company entities and operations.

Internix, Inc., a company publicly traded on the Tokyo Stock Exchange, was acquired in the first quarter of fiscal 2013 through a tender offer. After assessing the assets acquired and liabilities assumed, the consideration paid was below book value even though the price paid per share represented a premium to the trading levels at that time. During fiscal 2013, the Company recognized a total gain on bargain purchase related to Internix of $32,679,000 pre- and after tax and $0.23 per share on a diluted basis (inclusive of adjustments occurring subsequent to the acquisition date).

In addition to the acquisitions described above, during fiscal 2013, the Company acquired the remaining non-controlling interest in a consolidated subsidiary for a purchase price that was less than its carrying value. The Company has reflected the difference between the purchase price and the carrying value of the non-controlling interest as additional paid-in capital in the accompanying consolidated statement of shareholders' equity for fiscal 2013.

2012 Acquisitions

During fiscal 2012, the Company acquired 11 businesses for total consideration of $413,585,000, which consisted of the following (in thousands):



Cash	$	390,410
Contingent consideration	23,175
Total	$	413,585

The contingent consideration arrangements stipulate the Company pay up to a maximum of approximately $124,419,000 of additional consideration to the former shareholders of the acquired businesses upon the achievement of certain operating results. The Company estimated the fair value of the contingent consideration using an income approach which is based on significant inputs not observable in the market and thus represents a Level 3 measurement as defined in ASC 820. The Company adjusts the contingent consideration periodically based on changes to the inputs used in the income approach and the accretion of interest associated with the discounted liability. During fiscal 2013, the Company reversed an earn-out liability related to a 2012 acquisition for which payment is no longer expected to be incurred and recorded a charge of $11,172,000 that is included in "Restructuring, integration and other charges" in the accompanying consolidated statement of operations.

Cash paid for acquisitions during fiscal 2012 was $313,218,000, net of cash acquired and holdback reserves.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective acquisition dates (in thousands):



Cash	$	75,016
Accounts receivable, net	132,195
Inventory	59,463
Other current assets	23,936
Property, plant and equipment	9,729
Other assets	104,368
Total identifiable assets acquired	404,707

Current liabilities	(230,747		)
Other long term liabilities	(2,483		)
Total liabilities assumed	(233,230		)
Net identifiable assets acquired	171,477
Goodwill	246,425
Bargain purchase recognized	(4,317		)
Net assets acquired	$	413,585

The $246,425,000 of goodwill was assigned to the Electronics Marketing and Technology Solutions reportable segments in the amounts of $179,989,000 and $66,436,000, respectively. The goodwill recognized is attributable primarily to expected synergies and the assembled workforce of the acquired businesses. The amount of goodwill that is expected to be deductible for income tax purposes is not significant. The Company periodically adjusts the value of goodwill to reflect changes that occur as a result of adjustments during the measurement period following the date of acquisition.

Included in "Other assets" in the above table is $93,291,000 of identifiable intangible assets (see Note 6).

The Company acquired accounts receivable, which were recorded at the estimated fair value amounts; however, adjustments to acquired amounts were not significant as book value approximated fair value due to the short nature of accounts receivables. The gross amount of accounts receivable acquired was $134,337,000 and the fair value recorded was $132,195,000.

The Company recognized restructuring and integration charges, and transaction and other costs associated with the 2012 acquisitions, all of which were recognized in the consolidated statement of operations and are described further in Note 17.

Supplemental information on an unaudited pro forma basis, as if the acquisitions had been consummated as of July 4, 2010, is presented as follows:



	Pro Forma Results For Years Ended
	June 30, 2012		July 2, 2011
	(Thousands)
Sales	$	26,052,000	$	27,404,000
Net income	$	568,000	$	700,300

With respect to the businesses acquired during fiscal 2012, the Company is unable to determine the amount of revenue and earnings of each business subsequent to their respective acquisition dates as each business has been integrated with Company entities and operations.

Unidux Electronic Limited, a Singapore publicly traded company, was acquired in January 2012 through a tender offer. After assessing the assets acquired and liabilities assumed, the consideration paid was below book value even though the price paid per share represented a premium to the trading levels at that time. Accordingly, the Company recognized a gain on bargain purchase of $4,317,000 pre- and after tax and $0.03 per share on a diluted basis.

2011 Acquisitions

The Bell Microproducts Inc. ("Bell") and Unidux, Inc. ("Unidux") acquisitions and purchase price are described further below. The remaining acquisitions completed during fiscal 2011 were acquired for an aggregate purchase price of $124,678,000 net of cash acquired. Pro forma financial information is not presented for fiscal 2011 as the Bell acquisition occurred on July 6, 2010, which was three days after the beginning of the Company's fiscal 2011, and the revenue and earnings of the remaining acquisitions are not significant to the consolidated results of operations of the Company.

The Company recognized restructuring and integration charges, and transaction and other costs associated with the 2011 acquisitions, all of which were recognized in the consolidated statement of operations and are described further in Note 17.

Unidux

Unidux, a Japanese publicly traded company, was acquired through a tender offer. At the time of the Company's acquisition of Unidux, Unidux's shares were trading below its book value. The Company offered a purchase price per share for Unidux that was above the prevailing trading price thereby representing a premium to the then recent trading levels. Even though the purchase price was below book value, Unidux shareholders tendered their shares. As a result, the Company acquired Unidux net assets excluding cash of $163,770,000 for a purchase price of $132,780,000, net of cash acquired, and recognized a gain on bargain purchase of $30,990,000 pre- and after tax and $0.20 per share on a diluted basis. Prior to recognizing the gain, the Company reassessed the assets acquired and liabilities assumed in the acquisition.

Bell

On July 6, 2010, the Company completed its acquisition of Bell, a value-added distributor of storage and server products and solutions and computer components products, providing integration and support services to OEMs, VARs, system builders and end users in the U.S., Canada, EMEA and Latin America. The consideration for the transaction totaled $255,691,000, which consisted of $7.00 in cash for each share of Bell common stock outstanding, cash payment for Bell equity awards, and cash payments required under existing Bell change of control agreements, plus the assumption of $323,321,000 of Bell net debt. Of the debt acquired, the Company repaid approximately $209,651,000 of debt (including associated fees) immediately after closing.

Divestitures

During fiscal 2013, the Company divested a small business in TS Asia for which it recognized a loss of $1,667,000 pre-tax, $1,704,000 after tax and $0.01 per share on a diluted basis, which was reflected in "Gain on bargain purchase and other."

Included in the cash flows from investing activities for fiscal 2013 were proceeds of $3,613,000, net of cash divested, related to the divestiture that occurred during fiscal 2013 and the receipt of an earn-out payment associated with a divestiture completed in the prior fiscal year, for which there was no gain or loss as the proceeds were applied against the earn-out receivable that was established at the time of sale.

During fiscal 2012, the Company recognized a loss of $1,399,000 pre-tax, $854,000 after tax and $0.01 per diluted share included in "Gain on bargain purchase and other" in the consolidated statements of operations related to a write-down of an investment in a small technology company and the write-off of certain deferred financing costs associated with the early termination of a credit facility.

During fiscal 2011, the Company completed the divestiture of New ProSys Corp. (“ProSys”), a value-added reseller and provider of IT infrastructure solutions. Avnet acquired ProSys as part of the Bell acquisition. Total consideration included a cash payment at closing, a short-term receivable and a three-year earn-out based upon ProSys’ anticipated results. As a result of the divestiture, the Company received cash proceeds of $19,108,000 and wrote off goodwill associated with the ProSys business. No gain or loss was recorded as a result of the divestiture.

Also during fiscal 2011, the Company recognized a loss of $6,308,000 pre-tax, $3,857,000 after tax and $0.02 per share on a diluted basis included in “Gain on bargain purchase and other” related to the write-down of prior investments in smaller technology start-up companies (see Note 5 for other amounts included in “Gain on bargain purchase and other”).

Accounts Receivable Securitization	12 Months Ended
Accounts Receivable Securitization	Jun. 29, 2013
Transfers and Servicing [Abstract]
Accounts receivable securitization	Accounts receivable securitization Pursuant to the Company's accounts receivable securitization program (the “Program”) with a group of financial institutions, as amended, the Company may sell, on a revolving basis, an undivided interest of up to $800,000,000 in eligible U.S. receivables while retaining a subordinated interest in a portion of the receivables. The eligible receivables are sold through a wholly-owned bankruptcy-remote special purpose entity that is consolidated for financial reporting purposes. Such eligible receivables are not directly available to satisfy claims of the Company’s creditors. Because financing under the Program does not qualify as off-balance sheet financing, the receivables and related debt obligation remain on the Company’s consolidated balance sheet as amounts are drawn on the Program. The Program has a one-year term that expires at the end of August 2013, at which time it is expected to be renewed for another year on comparable terms. The Program contains certain covenants, all of which the Company was in compliance with as of June 29, 2013. There were $360,000,000 in borrowings outstanding under the Program at June 29, 2013 and $670,000,000 as of June 30, 2012. (See Note 7 for discussion of other short-term and long-term debt outstanding). Interest on borrowings is calculated using a base rate or a commercial paper rate plus a spread of 0.35%. The facility fee is 0.35%. Expenses associated with the Program, which were not material in the past three fiscal years, consisted of program, facility and professional fees recorded in "Selling, general and administrative expenses" in the accompanying consolidated statements of operations.

- Definition

The entire disclosure for a transferor's continuing involvement in financial assets that it has transferred in a securitization or asset-backed financing arrangement, the nature of any restrictions on assets reported by an entity in its statement of financial position that relate to a transferred financial asset (including the carrying amounts of such assets), how servicing assets and servicing liabilities are reported, and (for securitization or asset-backed financing arrangements accounted for as sales) when a transferor has continuing involvement with the transferred financial assets and transfers of financial assets accounted for as secured borrowings, how the transfer of financial assets affects an entity's financial position, financial performance, and cash flows.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 3
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph B1-B12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 140
-Paragraph 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
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-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Shareholders' Equity

12 Months Ended

Jun. 29, 2013

Equity [Abstract]

Share Repurchase Program [Text Block]

Shareholders' equity

Accumulated comprehensive income (loss)

The following table illustrates the accumulated balances of comprehensive income (loss) items at June 29, 2013, June 30, 2012, and July 2, 2011:



	June 29, 2013			June 30, 2012			July 2, 2011
	(Thousands)
Accumulated translation adjustments, net	$	135,395		$	90,798		$	461,213
Accumulated pension liability adjustments, net of income taxes	(106,500		)	(136,630		)	(84,002		)
Total	$	28,895		$	(45,832	)	$	377,211

Share repurchase program

In August 2012, the Company's Board of Directors amended the Company's existing share repurchase program to authorize the repurchase of up to $750,000,000 of common stock in the open market or through privately negotiated transactions. The timing and actual number of shares purchased will depend on a variety of factors such as price, corporate and regulatory requirements, and prevailing market conditions. During fiscal 2013, the Company repurchased 6,620,000 shares under this program at an average market price of $30.15 per share for a total cost of $199,585,000. This amount differs from the cash used for repurchases of common stock on the consolidated statement of cash flows to the extent repurchases at the end of the fourth quarter of fiscal 2012 were not settled until the first quarter of fiscal 2013. Repurchased shares were retired. Since the beginning of the repurchase program through the end of fiscal 2013, the Company has repurchased 17,890,000 shares of stock at an aggregate cost of $525,525,000, and $224,475,000 remains available for future purchases under the share repurchase program.

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Paragraph 14-26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Property plant and equipment, net

12 Months Ended

Jun. 29, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment, net

Property, plant and equipment are recorded at cost and consist of the following:



	June 29, 2013			June 30, 2012
	(Thousands)
Land	$	24,834		$	19,912
Buildings	124,186			102,395
Machinery, fixtures and equipment	933,188			865,198
Leasehold improvements	102,378			92,131
	1,184,586			1,079,636
Less — accumulated depreciation and amortization	(691,980		)	(618,406		)
	$	492,606		$	461,230

Depreciation and amortization expense related to property, plant and equipment was $88,303,000, $70,645,000 and $57,516,000 in fiscal 2013, 2012 and 2011, respectively. In fiscal 2011, the Company recognized other charges of $1,968,000 pre-tax, $1,413,000 after tax and $0.01per share on a diluted basis primarily related to an impairment of buildings in EMEA and recorded in "Gain on bargain purchase and other" in the accompanying consolidated statements of operations (see Note 2 for other amounts included in “Gain on bargain purchase and other”).

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details

Goodwill and intangible assets

12 Months Ended

Jun. 29, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and intangible assets disclosures [Text Block]

Goodwill and intangible assets

The following table presents the change in the goodwill balances by reportable segment for fiscal year 2013. All of the accumulated impairment was recognized in fiscal 2009.



	Electronics Marketing			Technology Solutions			Total
	(Thousands)
Gross goodwill	$	1,590,419		$	889,936		$	2,480,355
Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
Carrying value at June 30, 2012	$	545,309		$	555,312		$	1,100,621
Additions	55,486			109,627			165,113
Adjustments	7,185			(7,185		)	—
Write-down due to exit of business	(5,408		)	—			(5,408		)
Foreign currency translation	(742		)	1,704			962
Carrying value at June 29, 2013	$	601,830		$	659,458		$	1,261,288

Gross goodwill	$	1,646,940		$	994,082		$	2,641,022
Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
Carrying value at June 29, 2013	$	601,830		$	659,458		$	1,261,288

The goodwill additions are a result of businesses acquired during fiscal 2013 (see Note 2) and purchase accounting adjustments to prior year acquisitions that occurred during the purchase price allocation period. The adjustment to goodwill is a result of the transfer of a business unit from TS to EM. During fiscal 2013, the Company recorded a write-down of goodwill of $5,408,000 associated with the exit of a non-integrated business in the EM Americas region that is included in "Restructuring, integration and other expenses" in the accompanying consolidated statement of operations.

The Company performs its annual goodwill impairment test on the first day of its fiscal fourth quarter. In addition, if and when events or circumstances change that would more likely than not reduce the fair value of any of its reporting units below its carrying value, an interim test would be performed. Based upon the Company’s annual impairment tests performed for fiscal 2013, 2012 and 2011, there was no impairment of goodwill in the respective fiscal years.

The following table presents the Company’s identifiable intangible assets at June 29, 2013 and June 30, 2012, respectively. These balances are included in "other assets" and have a weighted average life of 8 years.



	June 29, 2013							June 30, 2012
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
	(Thousands)
Customer relationships	$	272,312	$	(107,636	)	$	164,676	$	248,105	$	(76,645	)	$	171,460
Customer lists	3,795		(2,310		)	1,485		3,690		(1,279		)	2,411
Trade name	3,320		(480		)	2,840		3,820		(970		)	2,850
Other	4,177		(966		)	3,211		5,052		(434		)	4,618
	$	283,604	$	(111,392	)	$	172,212	$	260,667	$	(79,328	)	$	181,339

Intangible asset amortization expense was $32,343,000, $27,717,000 and $21,240,000 for fiscal 2013, 2012 and 2011 respectively. The following table presents the estimated future amortization expense for the next five fiscal years (in thousands):



Fiscal Year
2014	$	35,564
2015	34,294
2016	28,647
2017	26,479
2018	15,278

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

External financing

12 Months Ended

Jun. 29, 2013

Debt Disclosure [Abstract]

External financing

Short-term debt consists of the following:



	June 29, 2013		June 30, 2012
	(Thousands)
Bank credit facilities	$	177,118	$	201,390
Borrowings under the accounts receivable securitization program (see Note 3)	360,000		670,000
Current portion of long-term debt	299,950		—
Other debt due within one year	1,122		1,014
Short-term debt	$	838,190	$	872,404

Bank credit facilities consist of various committed and uncommitted lines of credit with financial institutions utilized primarily to support the working capital requirements of foreign operations. The weighted average interest rate on the bank credit facilities was 4.3% and 6.1% at the end of fiscal 2013 and 2012, respectively.

See Note 3 for the discussion of the accounts receivable securitization program and associated borrowings outstanding.

Long-term debt consists of the following:



	June 29, 2013			June 30, 2012
	(Thousands)
5.875% Notes due March 15, 2014	$	—		$	300,000
6.00% Notes due September 1, 2015	250,000			250,000
6.625% Notes due September 15, 2016	300,000			300,000
5.875% Notes due June 15, 2020	300,000			300,000
4.875% Notes due December 1, 2022	350,000			—
Other long-term debt	9,579			124,456
Subtotal	1,209,579			1,274,456
Discount on notes	(2,586		)	(2,471		)
Long-term debt net of current portion	$	1,206,993		$	1,271,985

In November 2012, the Company issued $350,000,000 of 4.875% Notes due December 1, 2022. The Company received proceeds of $349,258,000 from the offering, net of discount, and paid $2,275,000 in underwriting fees. The 4.875% Notes due 2022 rank equally in right of payment with all existing and future senior unsecured debt and interest will be payable in cash semi-annually on June 1 and December 1.

The Company has a five-year $1.0 billion senior unsecured revolving credit facility (the "2012 Credit Facility") with a syndicate of banks, which expires in November 2016. Under the 2012 Credit Facility, the Company may select from various interest rate options, currencies and maturities. The 2012 Credit Facility contains certain covenants, all of which the Company was in compliance with as of June 29, 2013. At June 29, 2013, there were borrowings of $6,700,000 under the 2012 Credit Facility included in “Other long-term debt” in the preceding table. In addition, there were letters of credit aggregating $2,309,000 issued under the 2012 Credit Facility, which represents a utilization of the 2012 Credit Facility capacity but are not recorded in the consolidated balance sheet as the letters of credit are not debt. At June 30, 2012, there were borrowings of $110,072,000 outstanding under the 2012 Credit Facility included in “Other long-term debt” in the preceding table and there were letters of credit aggregating $17,202,000 issued.

Aggregate debt maturities for fiscal 2014 through 2018 and thereafter are as follows (in thousands):



2014	$	838,240
2015	1,193
2016	257,552
2017	300,434
2018	—
Thereafter	650,400
Subtotal	2,047,819
Discount on notes	(2,636		)
Total debt	$	2,045,183

At June 29, 2013, the carrying value and fair value of the Company’s debt was $2,045,183,000 and $2,130,294,000, respectively. Fair value was estimated primarily based upon quoted market prices for the Company's long-term notes.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Accrued expenses and other

12 Months Ended

Jun. 29, 2013

Payables and Accruals [Abstract]

Accrued expenses and other

Accrued expenses and other consist of the following:



	June 29, 2013		June 30, 2012
	(Thousands)
Payroll, commissions and related accruals	$	291,561	$	279,454
Income taxes (Note 9)	54,039		85,025
Other⁽¹⁾	359,502		331,004
	$	705,102	$	695,483

______________________


(1)	Includes reserves related to restructuring, integration and other charges (see Note 17). Amounts presented in this caption were individually not significant.

Pension and retirement plans

12 Months Ended

Jun. 29, 2013

Compensation and Retirement Disclosure [Abstract]

Pension and retirement plans

Pension Plan

The Company’s noncontributory defined benefit pension plan (the “Plan”) covers substantially all domestic employees. Employees are eligible to participate in the Plan following the first year of service during which they worked at least 1,000 hours. The Plan provides defined benefits pursuant to a cash balance feature whereby a participant accumulates a benefit based upon a percentage of current salary, which varies with age, and interest credits. The Company uses June 30 as the measurement date for determining pension expense and benefit obligations for each fiscal year. Not included in the tabulations and discussions that follow are pension plans of certain non-U.S. subsidiaries and other small pension plans that are not material.

The following tables outline changes in benefit obligations, plan assets and the funded status of the Plan as of the end of fiscal 2013 and 2012:



	June 29, 2013			June 30, 2012
	(Thousands)
Changes in benefit obligations:
Benefit obligations at beginning of year	$	375,156		$	297,527
Service cost	36,920			28,380
Interest cost	14,653			14,925
Plan amendments	—			3,360
Actuarial (gain) loss	(13,545		)	48,620
Benefits paid	(21,304		)	(17,656		)
Benefit obligations at end of year	$	391,880		$	375,156
Change in plan assets:
Fair value of plan assets at beginning of year	$	301,449		$	324,752
Actual return on plan assets	45,228			(5,647		)
Benefits paid	(21,304		)	(17,656		)
Contributions	40,000			—
Fair value of plan assets at end of year	$	365,373		$	301,449
Funded status of the plan recognized as a non-current liability	$	(26,507	)	$	(73,707	)
Amounts recognized in accumulated other comprehensive income:
Unrecognized net actuarial loss	$	173,069		$	218,837
Unamortized prior service credit	(7,623		)	(9,196		)
	$	165,446		$	209,641
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial (gain) loss	$	(30,870	)	$	81,206
Prior service cost	—			3,360
Amortization of net actuarial loss	(14,898		)	(9,680		)
Amortization of prior service credit	1,573			1,875
	$	(44,195	)	$	76,761

The Plan was amended effective June 1, 2012 to improve pre-retirement death benefits so that the pre-retirement death benefits will be payable without regard to marital status, and will be based on 100% of the participant's vested cash account. The increase in liability is recognized as a prior service cost and amortization began in fiscal year 2013.

Included in “accumulated other comprehensive income” at June 29, 2013 is a pre-tax charge of $173,069,000 of net actuarial losses which have not yet been recognized in net periodic pension cost, of which $12,686,000 is expected to be recognized as a component of net periodic benefit cost during fiscal 2014. Also included is a pre-tax credit of $7,623,000 of prior service credit which has not yet been recognized in net periodic pension costs, of which $1,573,000 is expected to be recognized as a component of net periodic benefit costs during fiscal 2014.

Weighted average assumptions used to calculate actuarial present values of benefit obligations are as follows:



	2013	2012
Discount rate	4.50%	4.00%

Weighted average assumptions used to determine net benefit costs are as follows:



	2013	2012
Discount rate	4.00%	5.25%
Expected return on plan assets	8.50%	8.50%

The Company bases its discount rate on a hypothetical portfolio of bonds rated Aa by Moody’s Investor Services or AA by Standard & Poor's. The bonds selected for this determination are based upon the estimated amount and timing of services of the pension plan.

Components of net periodic pension costs during the last three fiscal years are as follows:



	Years Ended
	June 29, 2013			June 30, 2012			July 2, 2011
	(Thousands)
Service cost	$	36,920		$	28,380		$	23,874
Interest cost	14,653			14,925			13,918
Expected return on plan assets	(27,905		)	(26,938		)	(27,560		)
Recognized net actuarial loss	14,898			9,680			8,938
Amortization of prior service credit	(1,573		)	(1,875		)	(1,875		)
Net periodic pension cost	$	36,993		$	24,172		$	17,295

The Company made $40,000,000 of contributions in fiscal 2013 and none in 2012.

Benefit payments are expected to be paid to participants as follows for the next five fiscal years and the aggregate for the five years thereafter (in thousands):



2014	$	28,436
2015	23,802
2016	27,310
2017	30,627
2018	34,448
2019 through 2023	240,710

The Plan’s assets are held in trust and were allocated as follows as of the June 30 measurement date for fiscal 2013 and 2012:



	2013		2012
Equity securities	75	%	75	%
Fixed income	24		24
Cash and cash equivalents	1		1

The general investment objectives of the Plan are to maximize returns through a diversified investment portfolio in order to earn annualized returns that meet the long-term cost of funding the Plan’s pension obligations while maintaining reasonable and prudent levels of risk. The target rate of return on Plan assets is currently 8.5%, which represents the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the benefit obligation. This assumption has been determined by combining expectations regarding future rates of return for the investment portfolio along with the historical and expected distribution of investments by asset class and the historical rates of return for each of those asset classes. The mix of equity securities is typically diversified to obtain a blend of domestic and international investments covering multiple industries. The Plan assets do not include any material investments in Avnet common stock. The Plan’s investments in debt securities are also diversified across both public and private fixed income securities. The Company’s current target allocation for the investment portfolio is for equity securities, both domestic and international, to represent approximately 76% of the portfolio with a policy for minimum investment in equity securities of 60% of the portfolio and a maximum of 92%. The majority of the remaining portfolio of investments is to be invested in fixed income securities.

FASB ASC 820, Fair Value Measurements and Disclosures, establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under FASB ASC 820 are described below:

Level 1: Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets.

Level 2: Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.

The following table sets forth by level, within the fair value hierarchy, the Plan's investments at fair value as of June 29, 2013.



	Level 1		Level 2		Level 3		Total
	(Thousands)
Cash and cash equivalents	$	3,032	$	—	$	—	$	3,032
Equities:
U.S. common stocks	—		219,225		—		219,225
International common stocks	—		56,458		—		56,458
Fixed Income:
U.S. government agencies	—		10,004		—		10,004
U.S. corporate bonds	—		76,654		—		76,654
Total	$	3,032	$	362,341	$	—	$	365,373

The following table sets forth by level, within the fair value hierarchy, the Plan's investments at fair value as of June 30, 2012.



	Level 1		Level 2		Level 3		Total
	(Thousands)
Cash and cash equivalents	$	3,045	$	—	$	—	$	3,045
Equities:
U.S. common stocks	—		178,857		—		178,857
International common stocks	—		46,897		—		46,897
Fixed Income:
U.S. government agencies	—		10,087		—		10,087
U.S. corporate bonds	—		62,563		—		62,563
Total	$	3,045	$	298,404	$	—	$	301,449

The Plan’s investments in equity and fixed income investments are stated at unit value, or the equivalent of net asset value, which is a practical expedient for estimating the fair values of those investments. Each of these investments may be redeemed daily without notice and had no unfunded commitments as of June 29, 2013.

The fixed income investments provide a steady return with medium volatility and assist with capital preservation and income generation. The equity investments have higher expected volatility and return than the fixed income investments.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes

12 Months Ended

Jun. 29, 2013

Income Tax Disclosure [Abstract]

Income taxes

The components of the provision for income taxes are indicated in the table below. The tax provision for deferred income taxes results from temporary differences arising principally from inventory valuation, accounts receivable valuation, net operating losses, certain accruals and depreciation, net of any changes to the valuation allowance.



	Years Ended
	June 29, 2013			June 30, 2012		July 2, 2011
	(Thousands)
Current:
Federal	$	17,212		$	94,237	$	64,476
State and local	7,034			19,466		11,724
Foreign	84,965			98,278		109,731
Total current taxes	109,211			211,981		185,931
Deferred:
Federal	2,619			6,896		41,029
State and local	2,390			758		5,273
Foreign	(15,028		)	4,128		(30,336		)
Total deferred taxes	(10,019		)	11,782		15,966
Provision for income taxes	$	99,192		$	223,763	$	201,897

The provision for income taxes noted above is computed based upon the split of income before income taxes from U.S. and foreign operations. U.S. income before income taxes was $174,000,000, $320,333,000 and $273,287,000 and foreign income before income taxes was $375,265,000, $470,449,000 and $597,679,000 in fiscal 2013, 2012 and 2011, respectively.

Reconciliations of the federal statutory tax rate to the effective tax rates are as follows:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
Federal statutory rate	35.0	%	35.0	%	35.0	%
State and local income taxes, net of federal benefit	1.1		1.8		1.5
Foreign tax rates, net of valuation allowances	(7.2	)	(5.4	)	(5.3	)
Release of valuation allowance, net of U.S. tax expense (as discussed below)	(6.4	)	(2.8	)	(7.4	)
Change in contingency reserves	0.4		0.5		1.4
Tax audit settlements	(6.0	)	(1.0	)	(0.4	)
Other, net	1.2		0.2		(1.6	)
Effective tax rate	18.1	%	28.3	%	23.2	%

Foreign tax rates generally consist of the impact of the difference between foreign and federal statutory rates applied to foreign income or loss and also include the impact of valuation allowances against the Company's otherwise realizable foreign loss carry-forwards.

Avnet’s effective tax rate on income before income taxes was 18.1% in fiscal 2013 as compared with an effective tax rate of 28.3% in fiscal 2012. Included in the fiscal 2013 effective tax rate is a net tax benefit of $50,376,000, which is comprised of (i) a tax benefit of $41,572,000 for the release of valuation allowance against deferred tax assets that were determined to be realizable, primarily related to a legal entity in EMEA (discussed further below), (ii) net favorable audit settlements resulting in a benefit of $33,182,000, partially offset by (iii) a tax provision of $24,378,000 primarily related to the establishment of a valuation allowance against deferred tax assets that were determined to be unrealizable during fiscal 2013. The fiscal 2013 effective tax rate is lower than the fiscal 2012 effective tax rate primarily due to a favorable impact from audit settlements and, to a lesser extent, a greater impact to the rate from the valuation allowance released in fiscal 2013 (as discussed further below) as compared with the amount released in fiscal 2012 due to the reduced level of income and mix of income in the current year. In fiscal 2012, withholding tax related to legal entity reorganization resulted in an increase to the rate that does not exist in the current year.

During fiscal 2013, the Company had a partial valuation allowance against significant tax assets related to a legal entity in EMEA due to, among several other factors, a history of losses in that entity. Since fiscal 2010, the entity has been experiencing improved earnings, which required the partial release of the valuation allowance to the extent the entity has projected taxable income. In each of fiscal 2013 and 2012, the Company determined a portion of the valuation allowance for this legal entity was no longer required due to the expected continuation of improved earnings in the foreseeable future and, as a result, the Company's effective tax rate was positively impacted (decreased) upon the release of the valuation allowance, net of the U.S. tax expense. In fiscal 2013 and 2012, the valuation allowance released associated with this EMEA legal entity was $27,055,000 and $22,127,000, respectively, net of the U.S. tax expense associated with the release. The Company will continue to evaluate the need for a valuation allowance against these tax assets and will adjust the valuation allowance as deemed appropriate which, when adjusted, will result in an impact to the effective tax rate. Factors that are considered in such an evaluation include historic levels of income, expectations and risk associated with estimates of future taxable income and ongoing prudent and feasible tax planning strategies. Excluding the benefit in both fiscal years related to the release of the tax valuation allowance associated with the EMEA legal entity, the effective tax rate for fiscal 2013 would have been 23.0% as compared with 31.1% for fiscal 2012.

During fiscal 2013, the Company's effective tax rate was favorably impacted primarily by the settlement of two audits by the U.S. Internal Revenue Service ("IRS") for the Company and an acquired company. As a result, the Company recognized a tax benefit of $33,005,000 in fiscal 2013.

Avnet’s effective tax rate on income before income taxes was 28.3% in fiscal 2012 as compared with an effective tax rate of 23.2% in fiscal 2011. As compared with fiscal 2011, the fiscal 2012 effective tax rate is higher than the fiscal 2011 effective tax rate primarily due to a lower amount of valuation allowance released in fiscal 2012 as compared with the amount released in fiscal 2011, and, to a lesser extent, a more favorable impact from audit settlements and changes to existing tax positions in fiscal 2012 as compared with fiscal 2011. These favorable impacts were partially offset by withholding tax in fiscal 2012.

The significant components of deferred tax assets and liabilities, included primarily in “other assets” on the consolidated balance sheets, are as follows:



	June 29, 2013			June 30, 2012
	(Thousands)
Deferred tax assets:
Inventory valuation	$	19,509		$	13,298
Accounts receivable valuation	27,185			29,984
Federal, state and foreign tax loss carry-forwards	333,940			304,410
Various accrued liabilities and other	33,031			88,792
	413,665			436,484
Less — valuation allowance	(230,821		)	(244,093		)
	182,844			192,391
Deferred tax liabilities:
Depreciation and amortization of property, plant and equipment	(50,469		)	(54,745		)
Net deferred tax assets	$	132,375		$	137,646

The change in the valuation allowance from fiscal 2012 to fiscal 2013 was a combination of (i) a net reduction of $41,572,000 primarily due to the previously mentioned release of valuation allowance in EMEA, $31,867,000 of which impacted the effective tax rate while the remainder was offset in deferred income taxes, and (ii) a net increase of $28,300,000 primarily related to additional valuation allowances for newly acquired companies and companies with a history of losses.

As of June 29, 2013, the Company had foreign net operating loss carry-forwards of approximately $1,186,832,000, of which $43,463,000 will expire during fiscal 2014 and 2015, substantially all of which have full valuation allowances, $238,701,000 have expiration dates ranging from fiscal 2016 to 2033 and the remaining $904,668,000 have no expiration date. The carrying value of the Company’s net operating loss carry-forwards is dependent upon the Company’s ability to generate sufficient future taxable income in certain tax jurisdictions. In addition, the Company considers historic levels of income, expectations and risk associated with estimates of future taxable income and ongoing prudent and feasible tax planning strategies in assessing a tax valuation allowance.

Accruals for unrecognized tax benefits are included in “accrued expenses and other” and “other long term liabilities” on the consolidated balance sheet. These contingency reserves relate to various tax matters that result from uncertainties in the application of complex income tax regulations in the numerous jurisdictions in which the Company operates. The change to contingency reserves during fiscal 2013 is primarily due to favorable non-cash audit settlements, which are included in the “reductions for tax positions taken in prior periods” caption in the following table. As of June 29, 2013, unrecognized tax benefits were $123,930,000, of which approximately $117,708,000, if recognized, would favorably impact the effective tax rate and the remaining balance would be substantially offset by valuation allowances. As of June 30, 2012, unrecognized tax benefits were $146,626,000, of which approximately $126,933,000, if recognized, would favorably impact the effective tax rate, and the remaining balance would be substantially offset by valuation allowances. The accrual for unrecognized tax benefits included accrued interest expense and penalties of $24,979,000 and $24,664,000, net of applicable state tax benefit, as of the end of fiscal 2013 and 2012, respectively.

Reconciliations of the beginning and ending accrual balances for unrecognized tax benefits are as follows:



	June 29, 2013			June 30, 2012
	(Thousands)
Balance at beginning of year	$	146,626		$	175,151
Additions for tax positions taken in prior periods, including interest	11,732			19,262
Reductions for tax positions taken in prior periods, including interest	(33,776		)	(35,898		)
Additions for tax positions taken in current period	7,445			8,179
Reductions related to cash settlements with taxing authorities	(9,064		)	(7,460		)
Reductions related to the lapse of statute of limitations	(2,812		)	(3,810		)
Additions (reductions) related to foreign currency translation	3,779			(8,798		)
Balance at end of year	$	123,930		$	146,626

The evaluation of income tax positions requires management to estimate the ability of the Company to sustain its position and estimate the final benefit to the Company. To the extent that these estimates do not reflect the actual outcome there could be an impact on the consolidated financial statements in the period in which the position is settled, the statute of limitations expire or new information becomes available as the impact of these events are recognized in the period in which they occur. It is difficult to estimate the period in which the amount of a tax position will change as settlement may include administrative and legal proceedings whose timing the Company cannot control. The effects of settling tax positions with tax authorities and statute expirations may significantly impact the accrual for income tax contingencies. Within the next twelve months, management estimates that approximately $23,884,000 of tax contingencies will be settled primarily through agreement with the tax authorities for tax positions related to valuation matters and positions related to acquired entities; such matters are common to multinational companies. The expected cash payment related to the settlement of these contingencies is $16,303,000.

The Company conducts business globally and consequently files income tax returns in numerous jurisdictions including those listed in the following table. It is also routinely subject to audit in these and other countries. The Company is no longer subject to audit in its major jurisdictions for periods prior to fiscal year 2006. The years remaining subject to audit, by major jurisdiction, are as follows:



Jurisdiction		Fiscal Year
Belgium, Germany and United States (federal and state)		2010-2013
United Kingdom		2009-2013
Hong Kong		2007-2013
Singapore		2006-2013
Netherlands and Taiwan		2008-2013

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Operating leases

12 Months Ended

Jun. 29, 2013

Leases [Abstract]

Operating leases

The Company leases many of its operating facilities and is also committed under lease agreements for transportation and operating equipment. Rent expense charged to operations during the last three years is as follows:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands)
Buildings	$	86,884	$	84,531	$	78,371
Equipment	7,203		8,093		8,332
	$	94,087	$	92,624	$	86,703

The aggregate future minimum operating lease commitments, principally for buildings, in fiscal 2014 through 2018 and thereafter (through 2029), are as follows (in thousands):



2014	$	86,100
2015	58,165
2016	41,901
2107	29,088
2018	18,468
Thereafter	38,514
Total	$	272,236

The preceding table includes operating lease commitments that have been reserved for as part of the Company’s restructuring activities (see Note 17).

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References + Details

Stock Based Compensation Plans

12 Months Ended

Jun. 29, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-based compensation plans

The Company measures all share-based payments, including grants of employee stock options, at fair value and recognizes related expense in the consolidated statement of operations over the service period (generally the vesting period). During fiscal 2013, 2012, 2011, the Company expensed $43,677,000, $35,737,000 and $28,931,000, respectively, for all stock-based compensation awards.

Stock plan

At June 29, 2013, the Company had 8,988,130 shares of common stock reserved for equity awards, which consisted of 2,579,188 for options granted that have not yet been exercised, 2,995,588 available for future awards under plans approved by shareholders, 2,980,565 for stock incentive and performance shares granted but not yet vested, and 432,789 shares available for future award under the Company's Employee Stock Purchase Plan ("ESPP").

Stock options

Option grants under the 2010 Plan have a contractual life of ten years, vest 25% on each anniversary of the grant date, commencing with the first anniversary, and provide for a minimum exercise price of 100% of fair market value at the date of grant. Compensation expense associated with stock options during fiscal 2013, 2012 and 2011 was $3,989,000, $3,147,000 and $3,499,000, respectively.

The fair value of options granted is estimated on the date of grant using the Black-Scholes model based on the assumptions in the following table. The assumption for the expected term is based on evaluations of historical and expected future employee exercise behavior. The risk-free interest rate is based on the U.S. Treasury rates at the date of grant with maturity dates approximately equal to the expected term at the grant date. The historical volatility of Avnet’s stock is used as the basis for the volatility assumption.



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
Expected term (years)	6.00		6.00		6.00
Risk-free interest rate	0.9	%	1.2	%	1.8	%
Weighted average volatility	35.0	%	33.7	%	33.7	%
Dividend yield	—		—		—

The following is a summary of the changes in outstanding options for fiscal 2013:



	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
Outstanding at June 30, 2012	2,881,918		$	23.78	61 Months
Granted	416,128		$	32.34	110 Months
Exercised	(708,421	)	$	18.25	12 Months
Forfeited or expired	(10,437	)	$	30.50	40 Months
Outstanding at June 29, 2013	2,579,188		$	26.65	70 Months
Exercisable at June 29, 2013	1,634,898		$	25.37	53 Months

The weighted-average grant-date fair values of stock options granted during fiscal 2013, 2012 and 2011 were $11.33, $9.67 and $8.72, respectively.

At June 29, 2013, the aggregate intrinsic value of all outstanding stock option awards was $18,089,000 and all exercisable stock options awards was $13,624,000.

The following is a summary of the changes in non-vested stock options for the fiscal year ended June 29, 2013:



	Shares		Weighted Average Grant-Date Fair Value
Non-vested stock options at June 30, 2012	887,295		$	9.41
Granted	416,128		$	11.33
Vested	(359,133	)	$	9.53
Forfeited	—		$	—
Non-vested stock options at June 29, 2013	944,290		$	10.21

As of June 29, 2013, there was $2,534,000 of total unrecognized compensation cost related to non-vested stock options, which is expected to be recognized over a weighted-average period of 2.2 years. The total fair values of shares vested during fiscal 2013, 2012 and 2011 were $3,424,000, $3,599,000, $3,425,000, respectively.

Cash received from option exercises during fiscal 2013, 2012 and 2011 totaled $2,053,000, $2,405,000, and $3,506,000, respectively. The impact of these cash receipts is included in “Other, net” in financing activities in the accompanying consolidated statements of cash flows.

Incentive shares

Delivery of incentive shares, and the associated compensation expense, is spread equally over a five-year period and is generally subject to the employee’s continued employment by the Company. As of June 29, 2013, 2,009,510 shares previously awarded have not yet been delivered. Compensation expense associated with this program was $26,788,000, $20,978,000 and $17,008,000 for fiscal years 2013, 2012 and 2011, respectively.

The following is a summary of the changes in non-vested incentive shares for the fiscal year ended June 29, 2013:



	Shares		Weighted Average Grant-Date Fair Value
Non-vested incentive shares at June 30, 2012	1,749,519		$	26.82
Granted	1,292,030		$	32.42
Vested	(900,701	)	$	28.24
Forfeited	(131,338	)	$	28.64
Non-vested incentive shares at June 29, 2013	2,009,510		$	29.62

As of June 29, 2013, there was $47,413,000 of total unrecognized compensation cost related to non-vested incentive shares, which is expected to be recognized over a weighted-average period of 2.9 years. The total fair values of shares vested during fiscal 2013, 2012 and 2011 were $25,439,000, $19,516,000, $15,916,000, respectively.

Performance shares

Eligible employees, including Avnet’s executive officers, may receive a portion of their long-term equity-based incentive compensation through the performance share program, which allows for the award of shares of stock against performance-based criteria (“Performance Share Program”). The Performance Share Program provides for the issuance to each grantee of a number of shares of Avnet’s common stock at the end of a three-year period based upon the Company’s achievement of performance goals established by the Compensation Committee of the Board of Directors for each three-year period. The performance goals have recently consisted of measures of economic profit and total shareholder return.

During fiscal 2013, 2012 and 2011, the Company granted 252,185, 349,070 and 380,200 performance shares, respectively, to be awarded to participants in the Performance Share Program, of which 10,400 cumulatively have been forfeited. The actual amount of performance shares issued at the end of the three-year period is determined based upon the level of achievement of the defined performance goals and can range from 0% to 200% of the initial award. During fiscal 2013, 2012 and 2011, the Company recognized compensation expense associated with the Performance Share Programs of $11,902,000, $10,502,000 and $7,374,000, respectively.

Outside director equity compensation

Non-employee directors are awarded shares equal to a fixed dollar amount of Avnet common stock upon their re-election each year, as part of their director compensation package. Directors may elect to receive this compensation in the form of common stock or they may elect to defer their compensation to be paid in common stock at a later date. During fiscal 2013, 2012 and 2011, compensation cost associated with the outside director stock bonus plan was $999,000, $1,110,000, $1,050,000, respectively.

Employee stock purchase plan

The Company has an ESPP under the terms of which eligible employees of the Company are offered options to purchase shares of Avnet common stock at a price equal to 95% of the fair market value on the last day of each monthly offering period. The ESPP is not compensatory based on its terms.

The Company has a policy of repurchasing shares on the open market to satisfy shares purchased under the ESPP, and expects future repurchases during fiscal 2014 to be similar to the number of shares repurchased during fiscal 2013, based on current estimates of participation in the program. During fiscal 2013, 2012 and 2011, there were 61,731, 64,187 and 62,329 shares, respectively, of common stock issued under the ESPP program.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Commitments and contingencies	12 Months Ended
Commitments and contingencies	Jun. 29, 2013
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Commitments and contingencies Bell During fiscal 2011, the Company recognized a contingent liability for potential unpaid import duties associated with the acquisition of Bell. Prior to the acquisition of Bell by Avnet, Customs and Border Protection (“CBP”) initiated a review of the importing process at one of Bell’s subsidiaries and identified compliance deficiencies. Subsequent to the acquisition of Bell by Avnet, CBP began a compliance audit. The Company evaluated projected duties, interest and penalties that potentially may be imposed as a result of the audit and recognized a contingent liability of $10,000,000 which was recorded to goodwill in fiscal 2011. Depending on the ultimate resolution of the matter with CBP, the Company estimates that the range of the potential exposure associated with the liability may be up to $73,000,000; however, the Company believes the contingent liability recorded is a reasonable estimate of the liability based upon the facts currently available at this time. Other During fiscal 2012, the Company recorded $6,665,000 for (i) a legal claim associated with an acquired business for a potential royalty claim related to periods prior to acquisition by Avnet and (ii) a legal claim associated with an indemnification of a prior divested business. From time to time, the Company may become a party to, or otherwise involved in various lawsuits, claims, investigations and other legal proceedings arising in the ordinary course of conducting its business. While litigation is subject to inherent uncertainties, management does not anticipate that any ongoing matters will have a material adverse effect on the Company’s financial condition, liquidity or results of operations.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Earnings per share

12 Months Ended

Jun. 29, 2013

Earnings Per Share [Abstract]

Earnings per share

Basic earnings per share is computed based on the weighted average number of common shares outstanding and excludes any potential dilution. Diluted earnings per share reflect potential dilution from the exercise or conversion of securities into common stock.



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands, except per share data)
Numerator:
Net income for basic and diluted earnings per share	$	450,073	$	567,019	$	669,069
Denominator:
Weighted average common shares for basic earnings per share	137,951		147,278		152,481
Net effect of dilutive stock options and performance share awards	2,052		2,275		1,856
Weighted average common shares for diluted earnings per share	140,003		149,553		154,337
Basic earnings per share	$	3.26	$	3.85	$	4.39
Diluted earnings per share	$	3.21	$	3.79	$	4.34

Options to purchase 565,840 shares of the Company's stock for fiscal 2013 and 238,000 shares for both fiscal 2012 and 2011, were excluded from the calculations of diluted earnings per shares because the exercise price for those options was above the average market price of the Company’s stock during those periods. Inclusion of these options in the diluted earnings per share calculation would have had an anti-dilutive effect.

Additional cash flow information

12 Months Ended

Jun. 29, 2013

Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]

Additional cash flow information

Other non-cash and reconciling items consist of the following:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands)
Provision for doubtful accounts	$	30,802	$	35,632	$	39,255
Periodic pension costs (Note 10)	36,993		24,172		17,295
Other, net	7,532		6,459		296
Total	$	75,327	$	66,263	$	56,846

Interest and income taxes paid during the last three years were as follows:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands)
Interest	$	106,735	$	89,529	$	91,946
Income taxes	$	141,196	$	192,717	$	158,372

The Company includes bank overdrafts as part of accounts payable on its consolidated balance sheets and reflects changes in such balances as part of cash flows from operating activities in its consolidated statements of cash flows.

Non-cash activity during fiscal 2013, 2012 and 2011 included amounts recorded through comprehensive income and, therefore, are not included in the consolidated statement of cash flows. Fiscal 2013 included an adjustment to pension liabilities (including non-U.S. pension liabilities) of $49,192,000 , which was recorded net of related deferred tax benefit of $19,062,000 in other comprehensive income (see Notes 4 and 10). Other non-cash activities included assumed debt of $66,367,000 and assumed liabilities of $203,626,000 as a result of the acquisitions completed in fiscal 2013 (see Note 2), divestitures, and purchase accounting adjustments to prior year acquisitions that occurred during the purchase price allocation period.

Fiscal 2012 included an adjustment to increase pension liabilities (including non-U.S. pension liabilities) of $85,010,000 which was recorded net of related deferred tax benefit of $32,382,000 in other comprehensive income (see Notes 4 and 10). Other non-cash activities included assumed debt of $34,765,000 and assumed liabilities of $214,325,000 as a result of the acquisitions completed in fiscal 2012 (see Note 2).

Fiscal 2011 included an adjustment to increase pension liabilities (including non-U.S. pension liabilities) of $31,987,000 which was recorded net of related deferred tax benefit of $12,022,000 in other comprehensive income (see Notes 4 and 10). Other non-cash activities included assumed debt of $420,259,000 and assumed liabilities of $509,812,000 as a result of the acquisitions completed in fiscal 2011 (see Note 2).

Segment information

12 Months Ended

Jun. 29, 2013

Segment Reporting [Abstract]

Segment information

Electronics Marketing and Technology Solutions are the overall segments upon which management primarily evaluates the operations of the Company and upon which management bases its operating decisions. Therefore, the segment data that follows reflects these two segments.

EM markets and sells semiconductors and interconnect, passive and electromechanical devices and embedded products. EM markets and sells its products and services to a diverse customer base serving many end-markets including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military and aerospace. EM also offers an array of value-added services that help customers evaluate, design-in and procure electronic components throughout the lifecycle of their technology products and systems, including supply-chain management, engineering design, inventory replenishment systems, connector and cable assembly and semiconductor programming.

TS markets and sells mid- to high-end servers, data storage, software, and the services required to implement these products and solutions to the value-added reseller channel. TS also focuses on the worldwide original equipment manufacturers (“OEM”) market for computing technology, system integrators and non-PC OEMs that require embedded systems and solutions including engineering, product prototyping, integration and other value-added services.



	Years Ended
	June 29, 2013			June 30, 2012			July 2, 2011
	(Millions)
Sales:
Electronics Marketing	$	15,094.4		$	14,933.1		$	15,066.2
Technology Solutions	10,364.5			10,774.4			11,468.2
	$	25,458.9		$	25,707.5		$	26,534.4
Operating income (loss):
Electronics Marketing	$	624.0		$	751.4		$	832.5
Technology Solutions	278.4			319.3			286.7
Corporate	(126.9		)	(112.9		)	(112.0		)
	775.5			957.8			1,007.2
Restructuring, integration and other charges (Note 17)	(149.5		)	(73.6		)	(77.2		)
	$	626.0		$	884.2		$	930.0
Assets:
Electronics Marketing	$	6,316.3		$	6,024.3		$	5,890.9
Technology Solutions	3,838.4			3,738.5			3,765.2
Corporate	320.0			405.1			249.5
	$	10,474.7		$	10,167.9		$	9,905.6
Capital expenditures:
Electronics Marketing	$	24.1		$	58.5		$	69.8
Technology Solutions	26.6			41.3			57.4
Corporate	46.7			28.8			21.5
	$	97.4		$	128.6		$	148.7
Depreciation & amortization expense:
Electronics Marketing	$	51.8		$	38.9		$	28.3
Technology Solutions	47.3			39.2			30.0
Corporate	21.6			23.2			23.1
	$	120.7		$	101.3		$	81.4
Sales, by geographic area, are as follows:
Americas ⁽¹⁾	$	10,716.6		$	11,499.3		$	11,518.5
EMEA ⁽²⁾	7,277.9			7,408.9			8,393.4
Asia/Pacific ⁽³⁾	7,464.4			6,799.3			6,622.5
	$	25,458.9		$	25,707.5		$	26,534.4
Property, plant and equipment, net, by geographic area:
Americas ⁽⁴⁾	$	283.0		$	278.5		$	242.5
EMEA ⁽⁵⁾	177.9			150.8			150.6
Asia/Pacific	31.7			31.9			26.1
	$	492.6		$	461.2		$	419.2

______________________


(1)	Includes sales in the United States of $9.4 billion, $10.0 billion and $10.0 billion for fiscal 2013, 2012 and 2011, respectively.


(2)	Includes sales in Germany and the United Kingdom of $2.8 billion and $1.2 billion, respectively, for fiscal 2013. Includes sales in Germany and the United Kingdom of $2.6 billion and $1.4 billion, respectively, for fiscal 2012. Includes sales in Germany and the United Kingdom of $3.1 billion and $1.7 billion, respectively, for fiscal 2011.

(3)

Includes sales of $2.3 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2013. Includes sales of $1.9 billion, $2.3 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2012. Includes sales of $1.8 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2011.


(4)	Includes property, plant and equipment, net, of $273.4 million, $266.7 million and $231.3 million in the United States for fiscal 2013, 2012 and 2011, respectively.

(5)

Includes property, plant and equipment, net, of $92.7 million, $45.1 million, and $13.1 million in Germany, Belgium and the United Kingdom, respectively, for fiscal 2013. Fiscal 2012 includes property, plant and equipment, net, of $90.6 million in Germany, $26.4 million in Belgium and $17.3 million in the United Kingdom. Fiscal 2011 includes property, plant and equipment, net, of $92.8 million in Germany, $23.4 million in Belgium and $16.4 million in the United Kingdom.

The Company manages its business based upon the operating results of its two operating groups before restructuring, integration and other charges (see Note 17).

Listed in the table below are the major product categories and the Company’s approximate sales of each during the past three fiscal years:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Millions)
Semiconductors	$	13,720.8	$	13,461.6	$	14,149.3
Computer products	9,346.0		9,984.4		10,284.6
Connectors	687.6		667.5		1,041.4
Passives, electromechanical and other	1,704.5		1,594.0		1,059.1
	$	25,458.9	$	25,707.5	$	26,534.4

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Restructuring, integration and other charges

12 Months Ended

Jun. 29, 2013

Restructuring and Related Activities [Abstract]

Restructuring, integration and other charges

Fiscal 2013

During fiscal 2013, the Company initiated actions to reduce costs in both operating groups in response to current market conditions and incurred acquisition and integration costs associated with acquired businesses. As a result, the Company incurred restructuring, integration and other charges as presented in the following table.



	Year Ended
	June 29, 2013
	(Thousands)
Restructuring charges	$	120,048
Integration costs	35,742
Acquisition costs and adjustments	(3,224		)
Reversal of excess prior year restructuring reserves	(3,065		)
Pre-tax restructuring, integration and other charges	$	149,501
After tax restructuring, integration and other charges	$	116,382
Restructuring, integration and other charges per share on a diluted basis	$	0.83

The activity related to the restructuring charges incurred during fiscal 2013 is presented in the following table:



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Fiscal 2013 pre-tax charges	$	73,337		$	34,373		$	12,338		$	120,048
Cash payments	(47,930		)	(3,421		)	(2,116		)	(53,467		)
Non-cash write-downs	—			(14,550		)	(9,765		)	(24,315		)
Other, principally foreign currency translation	(153		)	(191		)	(87		)	(431		)
Balance at June 29, 2013	$	25,254		$	16,211		$	370		$	41,835

Severance charges recorded in fiscal 2013 related to the reduction of over 1,600 employees in sales and business support functions in connection with the cost reduction actions taken in all three regions in both operating groups with employee reductions of 1,100 in EM, 400 in TS and 150 in business support functions. Facility exit costs for vacated facilities related to 32 facilities in the Americas, 26 in EMEA and 11 in the Asia region and consisted of reserves for remaining lease liabilities and the write-down of fixed assets. Other restructuring charges related primarily to other onerous lease obligations that have no ongoing benefit to the Company as well as a loss of $6,634,000 recognized in the third quarter of fiscal 2013 from the write-down of the net assets and goodwill associated with the planned exit of a non-integrated business in the EM Americas region that occurred in the fourth quarter of fiscal 2013. Of the $120,048,000 pre-tax restructuring charges recorded during fiscal 2013, $68,873,000 related to EM, $47,965,000 related to TS and $3,209,000 related to business support functions. As of June 29, 2013, management expects the majority of the remaining severance reserves to be utilized by the end of fiscal 2015, facility exit cost reserves to be utilized by the end of fiscal 2018, and other to be utilized by 2014.

Integration costs incurred related to the integration of acquired businesses and incremental costs incurred as part of the consolidation and closure of certain office and warehouse locations. Integration costs included IT consulting costs for system integration assistance, facility moving costs, legal fees, and travel, meeting, marketing and communication costs that were incrementally incurred as a result of the integration activity. Also included in integration costs are incremental salary costs associated with the consolidation and closure activities as well as costs associated with acquisition activity, primarily related to the acquired businesses' personnel who were retained by Avnet following the close of the acquisitions solely to assist in the integration of the acquired businesses' IT systems and administrative and logistics operations into those of Avnet. These identified personnel have no other meaningful day-to-day operational responsibilities outside of the integration effort. Included in integration costs during the third quarter of fiscal 2013 is a loss of $8,789,000 related to the exit of two multi-employer pension plans associated with acquired entities in Japan.

Acquisition costs incurred during fiscal 2013 related primarily to professional fees for advisory services and legal and accounting due diligence procedures and other legal costs associated with acquisitions.

During fiscal 2013, the Company recorded credits to restructuring, integration and other charges related to the reversal of restructuring reserves established in prior years that were deemed to be no longer required. Included in acquisition related costs is a credit of $11,172,000 related to the reversal of an earn-out liability for which payment is no longer expected to be incurred.

Fiscal 2012

During fiscal 2012, the Company incurred charges related primarily to the acquisition and integration activities associated with acquired businesses (see Note 2) and also recorded credits related to prior restructuring reserves and acquisition adjustments.



	Year Ended
	June 30, 2012
	(Thousands)
Restructuring charges	$	50,253
Integration costs	9,392
Acquisition costs	10,561
Reversal of excess prior year restructuring reserves	(3,286		)
Prior year acquisition adjustments	6,665
Pre-tax restructuring, integration and other charges	$	73,585
After tax restructuring, integration and other charges	$	52,963
Restructuring, integration and other charges per share on a diluted basis	$	0.35

The fiscal 2013 activity related to the remaining restructuring reserves from fiscal 2012 is presented in the following table:



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Balance at June 30, 2012	$	9,746		$	4,544		$	1,347		$	15,637
Cash payments	(7,899		)	(2,495		)	(939		)	(11,333		)
Adjustments	(1,091		)	(1,019		)	(153		)	(2,263		)
Other, principally foreign currency translation	183			14			33			230
Balance at June 29, 2013	$	939		$	1,044		$	288		$	2,271

Severance charges recorded in fiscal 2012 related to over 800 employees in sales, administrative and finance functions in connection with the cost reduction actions taken in all three regions in both operating groups with employee reductions of approximately 480 in EM and 320 in TS. Facility exit costs for vacated facilities related to 12 facilities in the Americas, 5 in EMEA and 13 in the Asia/Pac region and consisted of reserves for remaining lease liabilities and the write-down of leasehold improvements and other fixed assets. Other restructuring charges related primarily to other onerous lease obligations that have no ongoing benefit to the Company. Of the $50,253,000 pre-tax restructuring charges recorded during fiscal 2012, $27,537,000 related to EM and $22,716,000 related to TS and the remaining related to corporate charges. As of June 29, 2013, management expects the majority of the remaining severance reserves to be utilized by the end of fiscal 2016 and the remaining facility exit cost and other reserves to be utilized by the end of fiscal 2014.

Acquisition transaction costs incurred during fiscal 2012 related primarily to professional fees for advisory services and legal and accounting due diligence procedures and other legal costs associated with acquisitions.

During fiscal 2012, the Company recorded credits to restructuring, integration and other charges related to the reversal of restructuring reserves established in prior years that were deemed to be no longer required.

In addition, the Company recorded $6,665,000 for (i) a legal claim associated with an acquired business and a potential royalty claim related to periods prior to acquisition by Avnet and (ii) a legal claim associated with an indemnification of a prior divested business.

Fiscal 2011

During fiscal 2011, the Company incurred charges related primarily to the acquisition and integration activities associated with acquired businesses (see Note 2) and also recorded credits related to prior restructuring reserves and acquisition adjustments.



	Year Ended
	July 2, 2011
	(Thousands)
Restructuring charges	$	47,763
Integration costs	25,068
Acquisition costs	15,597
Reversal of excess prior year restructuring reserves	(6,076		)
Prior year acquisition adjustments	(5,176		)
Pre-tax restructuring, integration and other charges	$	77,176
After tax restructuring, integration and other charges	$	56,169
Restructuring, integration and other charges per share on a diluted basis	$	0.36

Severance charges recorded in fiscal 2011 related to personnel reductions of over 550 employees in administrative, finance and sales functions primarily in connection with the integration of the acquired Bell business into the existing EM Americas, TS Americas and TS EMEA regions and, to a lesser extent, other cost reduction actions. Facility exit costs consisted of lease liabilities, fixed asset write-downs and other related charges associated with 50 vacated facilities: 23 in the Americas, 25 in EMEA and 2 in the Asia/Pac region.

Integration costs incurred related to the integration of acquired businesses and incremental costs incurred as part of the consolidation and closure of certain office and warehouse locations. Integration costs included IT consulting costs for system integration assistance, facility moving costs, legal fees, travel, meeting, marketing and communication costs that were incrementally incurred as a result of the integration activity. Also included in integration costs are incremental salary costs associated with the consolidation and closure activities as well as costs associated with acquisition activity, primarily related to the acquired businesses' personnel who were retained by Avnet following the close of the acquisitions solely to assist in the integration of the acquired businesses' IT systems and administrative and logistics operations into those of Avnet. These identified personnel have no other meaningful day-to-day operational responsibilities outside of the integration effort.

Acquisition costs incurred during fiscal 2011 related primarily to professional fees for advisory and broker services, legal and accounting due diligence, and other legal costs associated with the acquisition.

During fiscal 2011, the Company recorded credits to restructuring, integration and other charges related to (i) the reversal of restructuring reserves established in prior years that were deemed to be no longer required, (ii) acquisition adjustments for which the purchase allocation period had closed and (iii) exit-related reserves originally established through goodwill in prior years that were deemed no longer required.

Fiscal 2011 and prior reserve activity

In addition to the fiscal 2011 restructuring activity, the Company incurred restructuring charges under prior restructuring plans. The fiscal 2013 activity related to the remaining reserves associated with these restructuring actions is presented in the following table:



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Balance at June 30, 2012	$	443		$	4,977		$	905		$	6,325
Cash payments	(138		)	(2,791		)	(120		)	(3,049		)
Adjustments	(158		)	(616		)	(117		)	(891		)
Other, principally foreign currency translation	20			12			(1		)	31
Balance at June 29, 2013	$	167		$	1,582		$	667		$	2,416

As of June 29, 2013, management expects the majority of the remaining severance and other reserves to be utilized by the end of fiscal 2020 and the remaining facility exit cost reserves to be utilized by the end of fiscal 2016.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References + Details

Summary of quarterly results (unaudited)

12 Months Ended

Jun. 29, 2013

Quarterly Financial Information Disclosure [Abstract]

Summary of quarterly results

Summary of quarterly results (unaudited):



		First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year(a)
		(Millions, except per share amounts)
(b)	2013
	Sales	$	5,870.1	$	6,699.5	$	6,298.7	$	6,590.7	$	25,459.0
	Gross profit	684.4		768.5		756.0		770.9		2,979.8
	Net income	100.3		137.5		86.2		126.1		450.1
	Diluted earnings per share	0.70		0.99		0.62		0.91		3.21
(c)	2012
	Sales	$	6,426.0	$	6,693.6	$	6,280.5	$	6,307.4	$	25,707.5
	Gross profit	753.6		784.1		753.8		759.0		3,050.5
	Net income	139.0		147.0		147.6		133.4		567.0
	Diluted earnings per share	0.90		0.98		1.00		0.91		3.79

______________________


(a)	Quarters may not add to the year due to rounding.

(b)

First quarter of fiscal 2013, results were impacted by restructuring, integration and other charges of $37.4 million pre-tax, $27.1 million after tax and $0.19 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company recognized a gain on bargain purchase of $31.3 million pre- and after tax and $0.22 per share on a diluted basis related to the acquisition of Internix, Inc., and an income tax adjustment of $12.2 million primarily related to a favorable settlement of an income tax audit. Second quarter results were impacted by restructuring, integration and other charges of $24.9 million pre-tax, $19.9 million after tax and $0.14 per share on a diluted basis. The charges consisted of severance, facility exit costs fixed asset write-downs, integration costs, transaction costs, other charges, and a reversal to adjust prior year restructuring reserves. The Company recorded a net gain of $0.1 million pre- and after tax share consisting of an adjustment of $1.7 million pre-and after tax to increase the gain on bargain purchase recorded in the first quarter of 2013 offset by a loss on a divestiture related to a small business in TS Asia. The Company also recorded an income tax adjustment of $17.4 million related to a favorable audit settlement of a U.S. income tax audit for an acquired company. Third quarter results were impacted by restructuring, integration and other charges of $27.3 million pre-tax, $25.8 million after tax and $0.18 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company recorded a loss of $8.8 million in integration-related costs due to the exit of two multi-employer pension plans associated with acquired entities in Japan, a credit of $11.2 million in acquisition charges related to the reversal of an earn-out liability, and $6.6 million in other charges related to the write-down of the net assets and goodwill associated with the planned exit of a non-integrated business in the EM Americas region. The Company also recorded an income tax adjustment of $13.4 million primarily related to the increase to a valuation allowance against existing deferred tax assets and increases to tax reserves. Fourth quarter results were impacted by restructuring, integration and other charges of $59.8 million pre-tax, $43.6 million after tax and $0.31 per share on a diluted basis. These charges included severance, facility exit costs, integration costs, transaction costs, other restructuring charges and other charges related to legal claims. The Company recorded a small adjustment to the gain on bargain purchase related to the business in Japan acquired in the third quarter. The Company also recorded a net tax benefit of $34.2 million, which is comprised of (i) a tax benefit of $41.6 million for the release of valuation allowances against deferred tax assets that were determined to be realizable during the fourth quarter of fiscal 2013, (ii) a tax benefit of $6.7 million related to the release of existing reserves due to audit settlement and statute expiration, partially offset by (iii) a tax provision of $14.1 million primarily related to the establishment of tax reserves against deferred tax assets that were determined to be unrealizable during the fourth quarter of fiscal 2013.

(c)

Second quarter of fiscal 2012 included restructuring, integration and other charges of $34.5 million pre-tax, $23.6 million after tax and $0.16 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company also recorded $1.4 million pre-tax, $0.9 million after tax and $0.01 per share on a diluted basis related to the write-down of a small investment and the write-off of deferred financing costs associated with the early retirement of a credit facility, and an income tax adjustment of $0.5 million primarily related to the combination of a favorable audit settlement and release of a valuation allowance on certain deferred tax assets which were determined to be realizable, mostly offset by changes to existing tax positions primarily for transfer pricing. Third quarter results were impacted by restructuring, integration and other charges of $18.6 million pre-tax, $13.7 million after tax and $0.10 per share on a diluted basis. The charges consisted of severance, facility exit costs, fixed asset write-downs, integration costs, transaction costs, other charges, and a reversal to adjust prior year restructuring reserves. The Company also recognized a gain on bargain purchase of $4.5 million pre- and after tax and $0.03 per share on a diluted basis related to the acquisition of Unidux Electronics Limited (Singapore), and an income tax adjustment of $5.2 million and $0.04 per share on a diluted basis related primarily to the combination of favorable audit settlements, certain reserve releases and the release of a valuation allowance on deferred tax assets which were determined to be realizable. Fourth quarter results were impacted by restructuring, integration and other charges of $20.5 million pre-tax, $15.7 million after tax and $0.11 per share on a diluted basis. These charges included severance, facility exit costs, integration costs, transaction costs, other restructuring charges and other charges related to legal claims. During the fourth quarter, the Company recognized a small adjustment to the gain on bargain purchase related to the business in Japan acquired in the third quarter; and a net tax benefit of $4.0 million and $0.03 per share on a diluted basis which is comprised of (i) a tax benefit of $26.3 million for the release of tax reserves against deferred tax assets that were determined to be realizable during the fourth quarter of fiscal 2012, partially offset by (ii) a tax provision of $22.3 million primarily related to the impact of withholding tax related to legal entity reorganizations and the establishment of tax reserves against deferred tax assets that were determined to be unrealizable during the fourth quarter of fiscal 2012.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References + Details

Valuation And Qualifying Acccounts (Notes)

12 Months Ended

Jun. 29, 2013

Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

SCHEDULE II

AVNET, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

Years Ended June 29, 2013, June 30, 2012 and July 2, 2011



Column A	Column B		Column C								Column D				Column E
			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses				Charged to Other Accounts — Describe				Deductions — Describe				Balance at End of Period
	(Thousands)
Fiscal 2013
Allowance for doubtful accounts	$	106,319	$	30,802			$	—			$	(41,465	)	(a)	$	95,656
Valuation allowance on foreign tax loss carry-forwards (Note 9)	244,093		(41,572		)	(b)	28,300			(c)	—				230,821
Fiscal 2012
Allowance for doubtful accounts	107,739		35,632				—				(37,052		)	(a)	106,319
Valuation allowance on foreign tax loss carry-forwards (Note 9)	310,772		(30,785		)	(d)	(35,894		)	(e)	—				244,093
Fiscal 2011
Allowance for doubtful accounts	81,197		39,255				—				(12,713		)	(a)	107,739
Valuation allowance on foreign tax loss carry-forwards (Note 9)	331,423		(76,055		)		55,404			(f)	—				310,772

______________________


(a)	Uncollectible accounts written off.


(b)	Represents a reduction primarily due to the release of valuation allowance in EMEA, of which $31,867,000 impacted the effective tax rate offset by $4,812,000 , which impacted deferred taxes associated with the release of the valuation allowance (see Note 9).


(c)	Primarily related to additional valuation allowances for newly acquired companies and companies with a history of losses.


(d)	Represents a reduction primarily due to the release of valuation allowance in EMEA, of which $26,231,000 impacted the effective tax rate offset by $4,554,000 , which impacted deferred taxes associated with the release of the valuation allowance.


(e)	Primarily relates to the translation impact of changes in foreign currency exchange rates and acquired valuation allowances.


(f)	Includes the impact of deferred tax rate changes, the translation impact of changes in foreign currency exchange rates and the increase of valuation allowance against associated deferred tax benefits as it was determined the related operating tax loss carry-forward cannot be utilized.

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 29, 2013
Accounting Policies [Abstract]
Principles of consolidation	Principles of consolidation — The accompanying consolidated financial statements include the accounts of the Company and all of its majority-owned and controlled subsidiaries. All intercompany accounts and transactions have been eliminated.
Cash and cash equivalents	Cash and cash equivalents — The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.
Inventories	Inventories — Inventories, comprised principally of finished goods, are stated at cost (first-in, first-out) or market, whichever is lower.
Investments	Investments — Investments in joint ventures and entities in which the Company has an ownership interest greater than 50% and exercises control over the venture are consolidated in the accompanying consolidated financial statements. Non-controlling interests in the years presented are not material and, as a result, are included in the caption “accrued expenses and other” in the accompanying consolidated balance sheets. Investments in joint ventures and entities in which the Company exercises significant influence but not control are accounted for using the equity method. The Company invests from time to time in ventures in which the Company’s ownership interest is less than 20% and over which the Company does not exercise significant influence. Such investments are accounted for using the cost method. The fair values for investments not traded on a quoted exchange are estimated based upon the historical performance of the ventures, the ventures’ forecasted financial performance and management’s evaluation of the ventures’ viability and business models. To the extent the book value of an investment exceeds its assessed fair value, the Company will record an appropriate impairment charge. Thus, the carrying value of the Company’s investments approximates fair value.
Depreciation and amortization	Depreciation and amortization — Depreciation and amortization is generally provided for by the straight-line method over the estimated useful lives of the assets. The estimated useful lives for depreciation and amortization are typically as follows: buildings — 30 years; machinery, fixtures and equipment — 2-10 years; and leasehold improvements — over the applicable remaining lease term or useful life if shorter.
Long-lived assets	Long-lived assets — Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. An impairment is recognized when the estimated undiscounted cash flows expected to result from the use of the asset and its eventual disposition is less than its carrying amount. An impairment is measured as the amount by which an asset’s net book value exceeds its estimated fair value. The Company continually evaluates the carrying value and the remaining economic useful life of all long-lived assets and will adjust the carrying value and the related depreciation and amortization period if and when appropriate.
Goodwill	Goodwill — Goodwill represents the excess of the purchase price over the fair value of net assets acquired. Annual tests for goodwill impairment are performed by applying a fair-value based test to Avnet’s six reporting units, defined as each of the three regional businesses, which are the Americas, EMEA (Europe, Middle East and Africa), and Asia, within each of the Company’s operating groups. The Company conducts its periodic test for goodwill impairment annually, on the first day of the fiscal fourth quarter. A two-step process is used to evaluate goodwill for impairment. The first step is to determine if there is an indication of impairment by comparing the estimated fair value of each reporting unit to its carrying value including existing goodwill. Goodwill is considered impaired if the carrying value of a reporting unit exceeds the estimated fair value. The second step, which is performed only if there is an indication of impairment, determines the amount of the impairment by comparing the implied fair value of the reporting unit’s goodwill with its carrying value. To estimate fair value of each reporting unit, the Company uses a combination of present value and market valuation techniques that utilizes Level 3 criteria under the fair value measurement standards. The estimated fair values could change in the future due to changes in market and business conditions that could affect the assumptions and estimates used in these valuation techniques.
Foreign currency translation	Foreign currency translation — The assets and liabilities of foreign operations are translated into U.S. Dollars at the exchange rates in effect at the balance sheet date, with the related translation adjustments reported as a separate component of shareholders’ equity and comprehensive income. Results of operations are translated using the average exchange rates prevailing throughout the period. Transactions denominated in currencies other than the functional currency of the Avnet business unit that is party to the transaction (primarily trade receivables and payables) are translated at exchange rates in effect at the balance sheet date or upon settlement of the transaction. Gains and losses from such translation are recorded in the consolidated statements of operations as a component of “other income (expense), net.” In fiscal 2013, 2012 and 2011, gains or losses on foreign currency translation were not material.
Income taxes	Income taxes — The Company follows the asset and liability method of accounting for income taxes. Deferred income tax assets and liabilities are recognized for the estimated future tax impact of differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. Deferred income tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in earnings in the period in which the new rate is enacted. Based upon historical and projected levels of taxable income and analysis of other key factors, the Company may record a valuation allowance against its deferred tax assets, as deemed necessary, to state such assets at their estimated net realizable value. The Company establishes reserves for potentially unfavorable outcomes of positions taken on certain tax matters. These reserves are based on management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. There may be differences between the anticipated and actual outcomes of these matters that may result in reversals of reserves or additional tax liabilities in excess of the reserved amounts. To the extent such adjustments are warranted, the Company’s effective tax rate may potentially fluctuate as a result. In accordance with the Company's accounting policy, accrued interest and penalties, if any, related to unrecognized tax benefits are recorded as a component of income tax expense. No provision for U.S. income taxes has been made for approximately $2.7 billion of cumulative unremitted earnings of foreign subsidiaries at June 29, 2013 because those earnings are expected to be permanently reinvested outside the U.S. A hypothetical calculation of the deferred tax liability, assuming those earnings were remitted, is not practicable.
Self-insurance	Self-insurance — The Company is primarily self-insured for workers’ compensation, medical, and general, product and automobile liability costs; however, the Company also has a stop-loss insurance policy in place to limit the Company’s exposure to individual and aggregate claims made. Liabilities for these programs are estimated based upon outstanding claims and claims estimated to have been incurred but not yet reported based upon historical loss experience. These estimates are subject to variability due to changes in trends of losses for outstanding claims and incurred but not recorded claims, including external factors such as future inflation rates, benefit level changes and claim settlement patterns.
Revenue recognition	Revenue recognition —Revenue from product sales is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the sales price is fixed or determinable and collectability is reasonably assured. Generally, these criteria are met upon shipment to customers. Most of the Company’s product sales come from product Avnet purchases from a supplier and holds in inventory. A portion of the Company’s sales are shipments of product directly from its suppliers to its customers. In such circumstances, Avnet negotiates the price with the customer, pays the supplier directly for the product shipped and bears credit risk of collecting payment from its customers. Furthermore, in such drop-shipment arrangements, Avnet bears responsibility for accepting returns of product from the customer even if Avnet, in turn, has a right to return the product to the original supplier if the product is defective. Under these terms, the Company serves as the principal with the customer and, therefore, recognizes the sale and cost of sale of the product upon receiving notification from the supplier that the product has shipped. In addition, the Company has more limited contractual relationships with certain of its customers and suppliers whereby Avnet assumes an agency relationship in the transaction. In such arrangements, the Company recognizes the fee associated with serving as an agent in sales with no associated cost of sales. Revenues from maintenance contracts are recognized ratably over the life of the contracts, generally ranging from one to three years. Revenues are recorded net of discounts, rebates and estimated returns. Provisions are made for discounts and rebates, which are primarily volume-based, and are based on historical trends and anticipated customer buying patterns. Provisions for returns are estimated based on historical sales returns, credit memo analysis and other known factors.
Comprehensive income (loss)	Comprehensive income — Comprehensive income represents net income for the year adjusted for changes in shareholders’ equity from non-shareholder sources. Accumulated comprehensive income items typically include currency translation and the impact of the Company’s pension liability adjustment, net of tax (see Note 4).
Share-based compensation	Stock-based compensation —The Company measures share-based payments, including grants of employee stock options, at fair value and recognizes the associated expense in the consolidated statement of operations over the requisite service period (see Note 12).
Concentration of credit risk	Concentration of credit risk — Financial instruments that potentially subject the Company to a concentration of credit risk principally consist of cash and cash equivalents and trade accounts receivable. The Company invests its excess cash primarily in overnight Eurodollar time deposits and institutional money market funds with quality financial institutions. To reduce credit risk, management performs ongoing credit evaluations of its customers’ financial condition and, in some instances, has obtained insurance coverage to reduce such risk. The Company maintains reserves for potential credit losses, but has not experienced any material losses related to individual customers or groups of customers in any particular industry or geographic area.
Fair value of financial instruments	Fair value of financial instruments — The Company measures financial assets and liabilities at fair value based upon exit price, representing the amount that would be received on the sale of an asset or paid to transfer a liability, in an orderly transaction between market participants. Accounting standards require inputs used in valuation techniques for measuring fair value on a recurring or non-recurring basis be assigned to a hierarchical level as follows: Level 1 are observable inputs that reflect quoted prices for identical assets or liabilities in active markets. Level 2 are observable market-based inputs or unobservable inputs that are corroborated by market data and Level 3 are unobservable inputs that are not corroborated by market data. All transfers between fair value hierarchy levels are recognized by the Company at the end of each reporting period. During 2013, 2012, and 2011, there were no transfers of assets measured at fair value between the three levels of fair value hierarchy. The carrying amounts of the Company’s financial instruments, including cash and cash equivalents, receivables and accounts payable approximate their fair values at June 29, 2013 due to the short-term nature of these instruments. At June 29, 2013 and June 30, 2012, the Company had $2,089,000 and $337,405,000, respectively, of cash equivalents which were recorded based upon Level 1 criteria. See Note 7 for further discussion of the fair value of the Company’s fixed rate long-term debt instruments and Note 10 for a discussion of the fair value of the Company's Pension plan assets. See also Investments in this Note 1 for further discussion of the fair value of the Company’s investments in unconsolidated entities.
Derivative financial instruments	Derivative financial instruments — Many of the Company’s subsidiaries, on occasion, purchase and sell products in currencies other than their functional currencies. This subjects the Company to the risks associated with fluctuations in foreign currency exchange rates. The Company reduces this risk by utilizing natural hedging (offsetting receivables and payables) as well as by creating offsetting positions through the use of derivative financial instruments, primarily forward foreign exchange contracts with maturities of less than sixty days. The Company continues to have exposure to foreign currency risks to the extent they are not hedged. The Company adjusts all foreign denominated balances and any outstanding foreign exchange contracts to fair market value through the consolidated statements of operations. Therefore, the market risk related to the foreign exchange contracts is offset by the changes in valuation of the underlying items being hedged. The asset or liability representing the fair value of foreign exchange contracts, based upon Level 2 criteria under the fair value measurements standards, is classified in the captions “other current assets” or “accrued expenses and other,” as applicable, in the accompanying consolidated balance sheets and were not material. In addition, the Company did not have material gains or losses related to the forward contracts which are recorded in “other income (expense), net” in the accompanying consolidated statements of operations. The Company has, from time to time, entered into hedge transactions that convert certain fixed rate debt to variable rate debt. To the extent the Company enters into such hedge transactions, those fair value hedges and the hedged debt are adjusted to current market values through interest expense. The Company generally does not hedge its investment in its foreign operations. The Company does not enter into derivative financial instruments for trading or speculative purposes and monitors the financial stability and credit standing of its counterparties.
Accounts receivable securitization	Accounts receivable securitization — The Company has an accounts receivable securitization program whereby the Company may sell receivables in securitization transactions and retain a subordinated interest and servicing rights to those receivables. The securitization program is accounted for as an on-balance sheet financing through the securitization of accounts receivable (see Note 3).
Fiscal year	Fiscal year — The Company operates on a “52/53 week” fiscal year, which ends on the Saturday closest to June 30th. Fiscal 2013, 2012, and 2011 all contained 52 weeks. Unless otherwise noted, all references to “fiscal 2013” or any other “year” shall mean the Company’s fiscal year.
Management estimates	Management estimates — The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Adoption of new accounting standard pronouncement	Recently issued accounting pronouncements — In December 2011, the Financial Accounting Standards Board ("FASB") issued ASU No. 2011-11, Disclosures about Offsetting Assets and Liabilities, (“ASU 2011-11”). ASU 2011-11 requires an entity to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. In January 2013, the FASB issued ASU No. 2013-01, Scope Clarification of Disclosures about Offsetting Assets and Liabilities, ("ASU 2013-01"), which was issued to limit the scope of the new balance sheet offsetting disclosure requirements as prescribed by ASU 2011-11. ASU 2011-11 and ASU 2013-01 are effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Retrospective disclosure is required for all comparative periods presented. The adoption of ASU 2011-11 and ASU 2013-01 are not expected to have a material impact on the Company’s consolidated financial statements. In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220), Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, (“ASU 2013-02”). ASU 2013-02 requires entities to report information about reclassifications out of accumulated other comprehensive income ("AOCI") and changes in AOCI balances by component. For significant items reclassified out of AOCI to net income in their entirety in the same reporting period, reporting is required about the effect of the reclassifications on the respective line items in the statement where net income is presented (either on the face of the statement where net income is presented or in the notes). For items that are not reclassified to net income in their entirety in the same reporting period (e.g., pension amounts that are included in inventory), a cross reference to other disclosures is required in the notes. ASU 2013-02 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2012. This ASU is to be applied prospectively and early adoption is permitted. The adoption of ASU 2013-02 will not have a material impact on the Company’s consolidated financial statements, as it only represents a modification of disclosure requirements within the financial statements. In February 2013, the FASB issued ASU No. 2013-04, Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date (“ASU 2013-04”). ASU 2013-04 provides guidance for the recognition, measurement and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this ASU is fixed at the reporting date. The guidance requires an entity to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors as well as any additional amount the reporting entity expects to pay on behalf of its co-obligors. ASU 2013-04 also requires an entity to disclose the nature and amount of those obligations. The amendments in this ASU are effective for reporting periods beginning after December 15, 2013, with early adoption permitted. Retrospective application is required. The adoption of ASU 2013-04 is not expected to have a material impact on the Company's consolidated financial statements. In March 2013, the FASB issued Accounting Standards Update No. 2013-05, Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity ("ASU No. 2013-05"), which clarifies preexisting guidance regarding the treatment of cumulative translation adjustments when a parent either sells a part or all of its investment in a foreign entity. ASU No. 2013-05 is effective for fiscal years beginning after December 2014, and interim and annual periods thereafter. The Company has reviewed the main provisions of ASU No. 2013-05 and believes that adoption of this update will not have a material impact on the Company's financial position or results of operations.

Acquisitions and divestitures (Tables)

12 Months Ended

Jun. 29, 2013

Jun. 30, 2012

2013 Acquisitions [Member]

Business Acquisition [Line Items]

Schedule of Contingent Consideration



Cash	$	297,484
Contingent consideration	11,467
Total	$	308,951

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective acquisition dates (in thousands):



Cash	$	29,276
Accounts receivable, net	226,743
Inventory	91,791
Other current assets	33,689
Property, plant and equipment	25,311
Other assets	47,292
Total identifiable assets acquired	454,102

Current liabilities	(157,986		)
Long term debt	(66,367		)
Other long term liabilities	(45,640		)
Total liabilities assumed	(269,993		)
Net identifiable assets acquired	184,109
Goodwill	157,521
Bargain purchase recognized	(32,679		)
Net assets acquired	$	308,951

Business Acquisition, Pro Forma Information

Supplemental information on an unaudited pro forma basis, as if the acquisitions had been consummated as of July 3, 2011, is presented as follows:



	Pro Forma Results For Years Ended
	June 29, 2013		June 30, 2012
	(Thousands)
Sales	$	25,771,000	$	26,872,000
Net income	$	454,000	$	587,000

2012 Acquisitions [Member]

Business Acquisition [Line Items]

Schedule of Contingent Consideration

During fiscal 2012, the Company acquired 11 businesses for total consideration of $413,585,000, which consisted of the following (in thousands):



Cash	$	390,410
Contingent consideration	23,175
Total	$	413,585

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective acquisition dates (in thousands):



Cash	$	75,016
Accounts receivable, net	132,195
Inventory	59,463
Other current assets	23,936
Property, plant and equipment	9,729
Other assets	104,368
Total identifiable assets acquired	404,707

Current liabilities	(230,747		)
Other long term liabilities	(2,483		)
Total liabilities assumed	(233,230		)
Net identifiable assets acquired	171,477
Goodwill	246,425
Bargain purchase recognized	(4,317		)
Net assets acquired	$	413,585

Business Acquisition, Pro Forma Information

Supplemental information on an unaudited pro forma basis, as if the acquisitions had been consummated as of July 4, 2010, is presented as follows:



	Pro Forma Results For Years Ended
	June 30, 2012		July 2, 2011
	(Thousands)
Sales	$	26,052,000	$	27,404,000
Net income	$	568,000	$	700,300

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References + Details

Shareholders' Equity Accumulated Comprehensive Income (Loss) (Tables)

12 Months Ended

Jun. 29, 2013

Shareholders' Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table illustrates the accumulated balances of comprehensive income (loss) items at June 29, 2013, June 30, 2012, and July 2, 2011:



	June 29, 2013			June 30, 2012			July 2, 2011
	(Thousands)
Accumulated translation adjustments, net	$	135,395		$	90,798		$	461,213
Accumulated pension liability adjustments, net of income taxes	(106,500		)	(136,630		)	(84,002		)
Total	$	28,895		$	(45,832	)	$	377,211

Property plant and equipment, net (Tables)

12 Months Ended

Jun. 29, 2013

Property, Plant and Equipment [Abstract]

Summary of Property, plant and equipment

Property, plant and equipment are recorded at cost and consist of the following:



	June 29, 2013			June 30, 2012
	(Thousands)
Land	$	24,834		$	19,912
Buildings	124,186			102,395
Machinery, fixtures and equipment	933,188			865,198
Leasehold improvements	102,378			92,131
	1,184,586			1,079,636
Less — accumulated depreciation and amortization	(691,980		)	(618,406		)
	$	492,606		$	461,230

Goodwill and intangible assets (Tables)

12 Months Ended

Jun. 29, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The following table presents the change in the goodwill balances by reportable segment for fiscal year 2013. All of the accumulated impairment was recognized in fiscal 2009.



	Electronics Marketing			Technology Solutions			Total
	(Thousands)
Gross goodwill	$	1,590,419		$	889,936		$	2,480,355
Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
Carrying value at June 30, 2012	$	545,309		$	555,312		$	1,100,621
Additions	55,486			109,627			165,113
Adjustments	7,185			(7,185		)	—
Write-down due to exit of business	(5,408		)	—			(5,408		)
Foreign currency translation	(742		)	1,704			962
Carrying value at June 29, 2013	$	601,830		$	659,458		$	1,261,288

Gross goodwill	$	1,646,940		$	994,082		$	2,641,022
Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
Carrying value at June 29, 2013	$	601,830		$	659,458		$	1,261,288

Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block]



	June 29, 2013							June 30, 2012
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
	(Thousands)
Customer relationships	$	272,312	$	(107,636	)	$	164,676	$	248,105	$	(76,645	)	$	171,460
Customer lists	3,795		(2,310		)	1,485		3,690		(1,279		)	2,411
Trade name	3,320		(480		)	2,840		3,820		(970		)	2,850
Other	4,177		(966		)	3,211		5,052		(434		)	4,618
	$	283,604	$	(111,392	)	$	172,212	$	260,667	$	(79,328	)	$	181,339

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The following table presents the estimated future amortization expense for the next five fiscal years (in thousands):



Fiscal Year
2014	$	35,564
2015	34,294
2016	28,647
2017	26,479
2018	15,278

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

External financing (Tables)

12 Months Ended

Jun. 29, 2013

Debt Disclosure [Abstract]

Components of short-term debt

Short-term debt consists of the following:



	June 29, 2013		June 30, 2012
	(Thousands)
Bank credit facilities	$	177,118	$	201,390
Borrowings under the accounts receivable securitization program (see Note 3)	360,000		670,000
Current portion of long-term debt	299,950		—
Other debt due within one year	1,122		1,014
Short-term debt	$	838,190	$	872,404

Components of long-term debt

Long-term debt consists of the following:



	June 29, 2013			June 30, 2012
	(Thousands)
5.875% Notes due March 15, 2014	$	—		$	300,000
6.00% Notes due September 1, 2015	250,000			250,000
6.625% Notes due September 15, 2016	300,000			300,000
5.875% Notes due June 15, 2020	300,000			300,000
4.875% Notes due December 1, 2022	350,000			—
Other long-term debt	9,579			124,456
Subtotal	1,209,579			1,274,456
Discount on notes	(2,586		)	(2,471		)
Long-term debt net of current portion	$	1,206,993		$	1,271,985

Aggregate debt maturities

Aggregate debt maturities for fiscal 2014 through 2018 and thereafter are as follows (in thousands):



2014	$	838,240
2015	1,193
2016	257,552
2017	300,434
2018	—
Thereafter	650,400
Subtotal	2,047,819
Discount on notes	(2,636		)
Total debt	$	2,045,183

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

Accrued expenses and other (Tables)

12 Months Ended

Jun. 29, 2013

Payables and Accruals [Abstract]

Summarized Accrued expenses and other

Accrued expenses and other consist of the following:



	June 29, 2013		June 30, 2012
	(Thousands)
Payroll, commissions and related accruals	$	291,561	$	279,454
Income taxes (Note 9)	54,039		85,025
Other⁽¹⁾	359,502		331,004
	$	705,102	$	695,483

______________________


(1)	Includes reserves related to restructuring, integration and other charges (see Note 17). Amounts presented in this caption were individually not significant.

Pension and Retirement Plans (Tables)

12 Months Ended

Jun. 29, 2013

Compensation and Retirement Disclosure [Abstract]

Schedule of Defined Benefit Plans Disclosures

The following tables outline changes in benefit obligations, plan assets and the funded status of the Plan as of the end of fiscal 2013 and 2012:



	June 29, 2013			June 30, 2012
	(Thousands)
Changes in benefit obligations:
Benefit obligations at beginning of year	$	375,156		$	297,527
Service cost	36,920			28,380
Interest cost	14,653			14,925
Plan amendments	—			3,360
Actuarial (gain) loss	(13,545		)	48,620
Benefits paid	(21,304		)	(17,656		)
Benefit obligations at end of year	$	391,880		$	375,156
Change in plan assets:
Fair value of plan assets at beginning of year	$	301,449		$	324,752
Actual return on plan assets	45,228			(5,647		)
Benefits paid	(21,304		)	(17,656		)
Contributions	40,000			—
Fair value of plan assets at end of year	$	365,373		$	301,449
Funded status of the plan recognized as a non-current liability	$	(26,507	)	$	(73,707	)
Amounts recognized in accumulated other comprehensive income:
Unrecognized net actuarial loss	$	173,069		$	218,837
Unamortized prior service credit	(7,623		)	(9,196		)
	$	165,446		$	209,641
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial (gain) loss	$	(30,870	)	$	81,206
Prior service cost	—			3,360
Amortization of net actuarial loss	(14,898		)	(9,680		)
Amortization of prior service credit	1,573			1,875
	$	(44,195	)	$	76,761

Weighted average assumptions used to calculate actuarial present values of benefit

Weighted average assumptions used to calculate actuarial present values of benefit obligations are as follows:



	2013	2012
Discount rate	4.50%	4.00%

Weighted average assumptions used to determine net benefit costs

Weighted average assumptions used to determine net benefit costs are as follows:



	2013	2012
Discount rate	4.00%	5.25%
Expected return on plan assets	8.50%	8.50%

Components of net periodic pension costs

Components of net periodic pension costs during the last three fiscal years are as follows:



	Years Ended
	June 29, 2013			June 30, 2012			July 2, 2011
	(Thousands)
Service cost	$	36,920		$	28,380		$	23,874
Interest cost	14,653			14,925			13,918
Expected return on plan assets	(27,905		)	(26,938		)	(27,560		)
Recognized net actuarial loss	14,898			9,680			8,938
Amortization of prior service credit	(1,573		)	(1,875		)	(1,875		)
Net periodic pension cost	$	36,993		$	24,172		$	17,295

Estimated future benefit payments

Benefit payments are expected to be paid to participants as follows for the next five fiscal years and the aggregate for the five years thereafter (in thousands):



2014	$	28,436
2015	23,802
2016	27,310
2017	30,627
2018	34,448
2019 through 2023	240,710

Plan's assets are held in trust and were allocated

The following table sets forth by level, within the fair value hierarchy, the Plan's investments at fair value as of June 29, 2013.



	Level 1		Level 2		Level 3		Total
	(Thousands)
Cash and cash equivalents	$	3,032	$	—	$	—	$	3,032
Equities:
U.S. common stocks	—		219,225		—		219,225
International common stocks	—		56,458		—		56,458
Fixed Income:
U.S. government agencies	—		10,004		—		10,004
U.S. corporate bonds	—		76,654		—		76,654
Total	$	3,032	$	362,341	$	—	$	365,373

The following table sets forth by level, within the fair value hierarchy, the Plan's investments at fair value as of June 30, 2012.



	Level 1		Level 2		Level 3		Total
	(Thousands)
Cash and cash equivalents	$	3,045	$	—	$	—	$	3,045
Equities:
U.S. common stocks	—		178,857		—		178,857
International common stocks	—		46,897		—		46,897
Fixed Income:
U.S. government agencies	—		10,087		—		10,087
U.S. corporate bonds	—		62,563		—		62,563
Total	$	3,045	$	298,404	$	—	$	301,449



	2013		2012
Equity securities	75	%	75	%
Fixed income	24		24
Cash and cash equivalents	1		1

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2439-114920

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2417-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2410-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=21916443&loc=d3e4179-114921

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 4, 7, 16, 20, 21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes (Tables)

12 Months Ended

Jun. 29, 2013

Income Tax Disclosure [Abstract]

Components of provision for income taxes expense (benefit)



	Years Ended
	June 29, 2013			June 30, 2012		July 2, 2011
	(Thousands)
Current:
Federal	$	17,212		$	94,237	$	64,476
State and local	7,034			19,466		11,724
Foreign	84,965			98,278		109,731
Total current taxes	109,211			211,981		185,931
Deferred:
Federal	2,619			6,896		41,029
State and local	2,390			758		5,273
Foreign	(15,028		)	4,128		(30,336		)
Total deferred taxes	(10,019		)	11,782		15,966
Provision for income taxes	$	99,192		$	223,763	$	201,897

Reconciliation between federal statutory tax rate and effective tax rate

Reconciliations of the federal statutory tax rate to the effective tax rates are as follows:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
Federal statutory rate	35.0	%	35.0	%	35.0	%
State and local income taxes, net of federal benefit	1.1		1.8		1.5
Foreign tax rates, net of valuation allowances	(7.2	)	(5.4	)	(5.3	)
Release of valuation allowance, net of U.S. tax expense (as discussed below)	(6.4	)	(2.8	)	(7.4	)
Change in contingency reserves	0.4		0.5		1.4
Tax audit settlements	(6.0	)	(1.0	)	(0.4	)
Other, net	1.2		0.2		(1.6	)
Effective tax rate	18.1	%	28.3	%	23.2	%

Components of deferred tax assets and liabilities

The significant components of deferred tax assets and liabilities, included primarily in “other assets” on the consolidated balance sheets, are as follows:



	June 29, 2013			June 30, 2012
	(Thousands)
Deferred tax assets:
Inventory valuation	$	19,509		$	13,298
Accounts receivable valuation	27,185			29,984
Federal, state and foreign tax loss carry-forwards	333,940			304,410
Various accrued liabilities and other	33,031			88,792
	413,665			436,484
Less — valuation allowance	(230,821		)	(244,093		)
	182,844			192,391
Deferred tax liabilities:
Depreciation and amortization of property, plant and equipment	(50,469		)	(54,745		)
Net deferred tax assets	$	132,375		$	137,646

Reconciliation of the beginning and ending accrual balance for unrecognized tax benefits

Reconciliations of the beginning and ending accrual balances for unrecognized tax benefits are as follows:



	June 29, 2013			June 30, 2012
	(Thousands)
Balance at beginning of year	$	146,626		$	175,151
Additions for tax positions taken in prior periods, including interest	11,732			19,262
Reductions for tax positions taken in prior periods, including interest	(33,776		)	(35,898		)
Additions for tax positions taken in current period	7,445			8,179
Reductions related to cash settlements with taxing authorities	(9,064		)	(7,460		)
Reductions related to the lapse of statute of limitations	(2,812		)	(3,810		)
Additions (reductions) related to foreign currency translation	3,779			(8,798		)
Balance at end of year	$	123,930		$	146,626

Summary of major jurisdiction



Jurisdiction		Fiscal Year
Belgium, Germany and United States (federal and state)		2010-2013
United Kingdom		2009-2013
Hong Kong		2007-2013
Singapore		2006-2013
Netherlands and Taiwan		2008-2013

Operating leases (Tables)

12 Months Ended

Jun. 29, 2013

Leases [Abstract]

Rent expense charged to operations

Rent expense charged to operations during the last three years is as follows:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands)
Buildings	$	86,884	$	84,531	$	78,371
Equipment	7,203		8,093		8,332
	$	94,087	$	92,624	$	86,703

Minimum operating lease commitments principally for buildings

The aggregate future minimum operating lease commitments, principally for buildings, in fiscal 2014 through 2018 and thereafter (through 2029), are as follows (in thousands):



2014	$	86,100
2015	58,165
2016	41,901
2107	29,088
2018	18,468
Thereafter	38,514
Total	$	272,236

Stock Based Compensation Plans Stock Based Compensation Plans (Tables)

12 Months Ended

Jun. 29, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The risk-free interest rate is based on the U.S. Treasury rates at the date of grant with maturity dates approximately equal to the expected term at the grant date. The historical volatility of Avnet’s stock is used as the basis for the volatility assumption.



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
Expected term (years)	6.00		6.00		6.00
Risk-free interest rate	0.9	%	1.2	%	1.8	%
Weighted average volatility	35.0	%	33.7	%	33.7	%
Dividend yield	—		—		—

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

The following is a summary of the changes in outstanding options for fiscal 2013:



	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
Outstanding at June 30, 2012	2,881,918		$	23.78	61 Months
Granted	416,128		$	32.34	110 Months
Exercised	(708,421	)	$	18.25	12 Months
Forfeited or expired	(10,437	)	$	30.50	40 Months
Outstanding at June 29, 2013	2,579,188		$	26.65	70 Months
Exercisable at June 29, 2013	1,634,898		$	25.37	53 Months

Schedule of Nonvested Share Activity [Table Text Block]

The following is a summary of the changes in non-vested stock options for the fiscal year ended June 29, 2013:



	Shares		Weighted Average Grant-Date Fair Value
Non-vested stock options at June 30, 2012	887,295		$	9.41
Granted	416,128		$	11.33
Vested	(359,133	)	$	9.53
Forfeited	—		$	—
Non-vested stock options at June 29, 2013	944,290		$	10.21

Schedule Of Nonvested Incentive Share Activity [Table Text Block]

The following is a summary of the changes in non-vested incentive shares for the fiscal year ended June 29, 2013:



	Shares		Weighted Average Grant-Date Fair Value
Non-vested incentive shares at June 30, 2012	1,749,519		$	26.82
Granted	1,292,030		$	32.42
Vested	(900,701	)	$	28.24
Forfeited	(131,338	)	$	28.64
Non-vested incentive shares at June 29, 2013	2,009,510		$	29.62

Earnings Per Share (Tables)

12 Months Ended

Jun. 29, 2013

Earnings Per Share [Abstract]

Basic earnings per share calculation



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands, except per share data)
Numerator:
Net income for basic and diluted earnings per share	$	450,073	$	567,019	$	669,069
Denominator:
Weighted average common shares for basic earnings per share	137,951		147,278		152,481
Net effect of dilutive stock options and performance share awards	2,052		2,275		1,856
Weighted average common shares for diluted earnings per share	140,003		149,553		154,337
Basic earnings per share	$	3.26	$	3.85	$	4.39
Diluted earnings per share	$	3.21	$	3.79	$	4.34

Additional Cash Flow Information (Tables)

12 Months Ended

Jun. 29, 2013

Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]

Other noncash and reconciling items

Other non-cash and reconciling items consist of the following:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands)
Provision for doubtful accounts	$	30,802	$	35,632	$	39,255
Periodic pension costs (Note 10)	36,993		24,172		17,295
Other, net	7,532		6,459		296
Total	$	75,327	$	66,263	$	56,846

Interest and income taxes paid

Interest and income taxes paid during the last three years were as follows:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Thousands)
Interest	$	106,735	$	89,529	$	91,946
Income taxes	$	141,196	$	192,717	$	158,372

Segment information (Tables)

12 Months Ended

Jun. 29, 2013

Segment Reporting [Abstract]

The sales and services provided by the company



	Years Ended
	June 29, 2013			June 30, 2012			July 2, 2011
	(Millions)
Sales:
Electronics Marketing	$	15,094.4		$	14,933.1		$	15,066.2
Technology Solutions	10,364.5			10,774.4			11,468.2
	$	25,458.9		$	25,707.5		$	26,534.4
Operating income (loss):
Electronics Marketing	$	624.0		$	751.4		$	832.5
Technology Solutions	278.4			319.3			286.7
Corporate	(126.9		)	(112.9		)	(112.0		)
	775.5			957.8			1,007.2
Restructuring, integration and other charges (Note 17)	(149.5		)	(73.6		)	(77.2		)
	$	626.0		$	884.2		$	930.0
Assets:
Electronics Marketing	$	6,316.3		$	6,024.3		$	5,890.9
Technology Solutions	3,838.4			3,738.5			3,765.2
Corporate	320.0			405.1			249.5
	$	10,474.7		$	10,167.9		$	9,905.6
Capital expenditures:
Electronics Marketing	$	24.1		$	58.5		$	69.8
Technology Solutions	26.6			41.3			57.4
Corporate	46.7			28.8			21.5
	$	97.4		$	128.6		$	148.7
Depreciation & amortization expense:
Electronics Marketing	$	51.8		$	38.9		$	28.3
Technology Solutions	47.3			39.2			30.0
Corporate	21.6			23.2			23.1
	$	120.7		$	101.3		$	81.4
Sales, by geographic area, are as follows:
Americas ⁽¹⁾	$	10,716.6		$	11,499.3		$	11,518.5
EMEA ⁽²⁾	7,277.9			7,408.9			8,393.4
Asia/Pacific ⁽³⁾	7,464.4			6,799.3			6,622.5
	$	25,458.9		$	25,707.5		$	26,534.4
Property, plant and equipment, net, by geographic area:
Americas ⁽⁴⁾	$	283.0		$	278.5		$	242.5
EMEA ⁽⁵⁾	177.9			150.8			150.6
Asia/Pacific	31.7			31.9			26.1
	$	492.6		$	461.2		$	419.2

______________________


(1)	Includes sales in the United States of $9.4 billion, $10.0 billion and $10.0 billion for fiscal 2013, 2012 and 2011, respectively.


(2)	Includes sales in Germany and the United Kingdom of $2.8 billion and $1.2 billion, respectively, for fiscal 2013. Includes sales in Germany and the United Kingdom of $2.6 billion and $1.4 billion, respectively, for fiscal 2012. Includes sales in Germany and the United Kingdom of $3.1 billion and $1.7 billion, respectively, for fiscal 2011.

(3)


(4)	Includes property, plant and equipment, net, of $273.4 million, $266.7 million and $231.3 million in the United States for fiscal 2013, 2012 and 2011, respectively.

(5)

Company's approximate sales of major product categories

Listed in the table below are the major product categories and the Company’s approximate sales of each during the past three fiscal years:



	Years Ended
	June 29, 2013		June 30, 2012		July 2, 2011
	(Millions)
Semiconductors	$	13,720.8	$	13,461.6	$	14,149.3
Computer products	9,346.0		9,984.4		10,284.6
Connectors	687.6		667.5		1,041.4
Passives, electromechanical and other	1,704.5		1,594.0		1,059.1
	$	25,458.9	$	25,707.5	$	26,534.4

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Restructuring, Integration and other charges (Tables)

12 Months Ended

Jun. 29, 2013

Jun. 30, 2012

Jul. 02, 2011

Fiscal 2013 [Member]

Restructuring Cost and Reserve [Line Items]



	Year Ended
	June 29, 2013
	(Thousands)
Restructuring charges	$	120,048
Integration costs	35,742
Acquisition costs and adjustments	(3,224		)
Reversal of excess prior year restructuring reserves	(3,065		)
Pre-tax restructuring, integration and other charges	$	149,501
After tax restructuring, integration and other charges	$	116,382
Restructuring, integration and other charges per share on a diluted basis	$	0.83

Fiscal Year 2013 [Member]

Restructuring Cost and Reserve [Line Items]

The activity related to the restructuring charges incurred during fiscal 2013 is presented in the following table:



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Fiscal 2013 pre-tax charges	$	73,337		$	34,373		$	12,338		$	120,048
Cash payments	(47,930		)	(3,421		)	(2,116		)	(53,467		)
Non-cash write-downs	—			(14,550		)	(9,765		)	(24,315		)
Other, principally foreign currency translation	(153		)	(191		)	(87		)	(431		)
Balance at June 29, 2013	$	25,254		$	16,211		$	370		$	41,835

Fiscal 2012 [Member]

Restructuring Cost and Reserve [Line Items]



	Year Ended
	June 30, 2012
	(Thousands)
Restructuring charges	$	50,253
Integration costs	9,392
Acquisition costs	10,561
Reversal of excess prior year restructuring reserves	(3,286		)
Prior year acquisition adjustments	6,665
Pre-tax restructuring, integration and other charges	$	73,585
After tax restructuring, integration and other charges	$	52,963
Restructuring, integration and other charges per share on a diluted basis	$	0.35

Fiscal Year 2012 [Member]

Restructuring Cost and Reserve [Line Items]

The fiscal 2013 activity related to the remaining restructuring reserves from fiscal 2012 is presented in the following table:



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Balance at June 30, 2012	$	9,746		$	4,544		$	1,347		$	15,637
Cash payments	(7,899		)	(2,495		)	(939		)	(11,333		)
Adjustments	(1,091		)	(1,019		)	(153		)	(2,263		)
Other, principally foreign currency translation	183			14			33			230
Balance at June 29, 2013	$	939		$	1,044		$	288		$	2,271

Fiscal 2011 [Member]

Restructuring Cost and Reserve [Line Items]



	Year Ended
	July 2, 2011
	(Thousands)
Restructuring charges	$	47,763
Integration costs	25,068
Acquisition costs	15,597
Reversal of excess prior year restructuring reserves	(6,076		)
Prior year acquisition adjustments	(5,176		)
Pre-tax restructuring, integration and other charges	$	77,176
After tax restructuring, integration and other charges	$	56,169
Restructuring, integration and other charges per share on a diluted basis	$	0.36

Fiscal 2011 And Prior [Member]

Restructuring Cost and Reserve [Line Items]



	Severance Reserves			Facility Exit Costs			Other			Total
	(Thousands)
Balance at June 30, 2012	$	443		$	4,977		$	905		$	6,325
Cash payments	(138		)	(2,791		)	(120		)	(3,049		)
Adjustments	(158		)	(616		)	(117		)	(891		)
Other, principally foreign currency translation	20			12			(1		)	31
Balance at June 29, 2013	$	167		$	1,582		$	667		$	2,416

Summary of quarterly results (unaudited) (Tables)

12 Months Ended

Jun. 29, 2013

Quarterly Financial Information Disclosure [Abstract]

Summary of quarterly results of Income

Summary of quarterly results (unaudited):



		First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year(a)
		(Millions, except per share amounts)
(b)	2013
	Sales	$	5,870.1	$	6,699.5	$	6,298.7	$	6,590.7	$	25,459.0
	Gross profit	684.4		768.5		756.0		770.9		2,979.8
	Net income	100.3		137.5		86.2		126.1		450.1
	Diluted earnings per share	0.70		0.99		0.62		0.91		3.21
(c)	2012
	Sales	$	6,426.0	$	6,693.6	$	6,280.5	$	6,307.4	$	25,707.5
	Gross profit	753.6		784.1		753.8		759.0		3,050.5
	Net income	139.0		147.0		147.6		133.4		567.0
	Diluted earnings per share	0.90		0.98		1.00		0.91		3.79

______________________


(a)	Quarters may not add to the year due to rounding.

(b)

(c)

Summary of Significant Accounting Policies (Details)	12 Months Ended
Summary of Significant Accounting Policies (Details)	Jun. 29, 2013 USD ($) business reporting_units	Jun. 30, 2012 USD ($)
Summary of significant accounting policies (Textuals) [Abstract]
Number of reporting units \| reporting_units	6
Number of regional businesses \| business	3
Provision for income taxes on unremitted earnings of foreign subsidiaries	$ 0
Cumulative unremitted earnings of foreign subsidiaries	2,700,000,000
Fair value of Cash equivalents recorded based upon level 1	$ 2,089,000	$ 337,405,000
Minimum [Member]
Summary of significant accounting policies (Textuals) [Abstract]
Ownership interest in joint venture	50.00%
Maximum [Member]
Summary of significant accounting policies (Textuals) [Abstract]
Ownership interest in joint ventures without significant influence	20.00%
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life, Minimum	30 years
Machinery, fixtures and equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life, Minimum	2 years
Machinery, fixtures and equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life, Minimum	10 years
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life, Description	remaining lease term or useful life if shorter

Acquisitions and divestitures 2013 Acquisitions (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			12 Months Ended
	Dec. 29, 2012	Sep. 29, 2012	Mar. 31, 2012	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Contingent consideration
Acquisitions of operations and investments, net of cash acquired				$ 262,306	$ 313,218	$ 690,997
Assets Acquired and Liabilities Assumed
Goodwill				1,261,288	1,100,621
Pro Forma Results For Years Ended
Gain on bargain purchase	$ 1,700	$ 31,300	$ 4,500		$ (854)	$ (3,857)
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis		$ 0.22	$ 0.03		$ 0.01	$ 0.02
Electronics Marketing [Member]
Assets Acquired and Liabilities Assumed
Goodwill				601,830	$ 545,309
Technology Solutions [Member]
Assets Acquired and Liabilities Assumed
Goodwill				659,458	555,312
2013 Acquisitions [Member]
Business Acquisition [Line Items]
Business acquisition revenue				1,180,000
Contingent consideration
Cash				297,484
Contingent consideration				11,467
Total				308,951
Contingent consideration, maximum additional payment				22,150
Acquisitions of operations and investments, net of cash acquired				262,306
Assets Acquired and Liabilities Assumed
Cash				29,276
Accounts receivable, net				226,743
Inventory				91,791
Other current assets				33,689
Property, plant and equipment				25,311
Other assets				47,292
Total identifiable assets acquired				454,102
Current liabilities				(157,986)
Long term debt				(66,367)
Total liabilities assumed				(45,640)
Total liabilities assumed				269,993
Net identifiable assets acquired				184,109
Goodwill				157,521
Bargain purchase recognized				(32,679)
Net assets acquired				308,951
Intangible assets				35,248
Account receivable, gross				228,980
Pro Forma Results For Years Ended
Sales				25,771,000	26,872,000
Net income				454,000	$ 587,000
2013 Acquisitions [Member] \| Electronics Marketing [Member]
Assets Acquired and Liabilities Assumed
Goodwill				62,039
2013 Acquisitions [Member] \| Technology Solutions [Member]
Assets Acquired and Liabilities Assumed
Goodwill				95,482
Internix, Inc [Member]
Pro Forma Results For Years Ended
Gain on bargain purchase				$ 32,679
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis				$ 0.23

Acquisitions and divestitures 2012 Acquisitions (Details)	3 Months Ended							12 Months Ended
	Jun. 29, 2013 USD ($)	Mar. 30, 2013 USD ($)	Dec. 29, 2012 USD ($)	Sep. 29, 2012 USD ($) $ / shares	Jun. 30, 2012 USD ($)	Mar. 31, 2012 USD ($) $ / shares	Dec. 31, 2011 USD ($)	Jun. 29, 2013 USD ($) business $ / shares	Jun. 30, 2012 USD ($) business $ / shares	Jul. 02, 2011 USD ($) $ / shares
Contingent consideration
Acquisitions of operations and investments, net of cash acquired								$ 262,306,000	$ 313,218,000	$ 690,997,000
Assets Acquired and Liabilities Assumed
Goodwill	$ 1,261,288,000				$ 1,100,621,000			1,261,288,000	1,100,621,000
Pro Forma Results For Years Ended
Pre-tax restructuring, integration and other charges	59,800,000	$ 27,300,000	$ 24,900,000	$ 37,400,000	20,500,000	$ 18,600,000	$ 34,500,000	$ 149,501,000	73,585,000	77,176,000
Gain on bargain purchase			$ 1,700,000	$ 31,300,000		$ 4,500,000			$ (854,000)	$ (3,857,000)
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis \| $ / shares				$ 0.22		$ 0.03			$ 0.01	$ 0.02
2013 Acquisitions [Member]
Business Acquisition [Line Items]
Number of businesses acquired \| business								12
Business acquisition revenue								$ 1,180,000,000
Contingent consideration
Cash								297,484,000
Contingent consideration	11,467,000							11,467,000
Total	308,951,000							308,951,000
Contingent consideration, maximum additional payment	22,150,000							22,150,000
Acquisitions of operations and investments, net of cash acquired								262,306,000
Assets Acquired and Liabilities Assumed
Cash	29,276,000							29,276,000
Accounts receivable, net	226,743,000							226,743,000
Inventory	91,791,000							91,791,000
Other current assets	33,689,000							33,689,000
Property, plant and equipment	25,311,000							25,311,000
Other assets	47,292,000							47,292,000
Total identifiable assets acquired	454,102,000							454,102,000
Current liabilities	(157,986,000)							(157,986,000)
Total liabilities assumed	(45,640,000)							(45,640,000)
Total liabilities assumed	269,993,000							269,993,000
Net identifiable assets acquired	184,109,000							184,109,000
Goodwill	157,521,000							157,521,000
Bargain purchase recognized	(32,679,000)							(32,679,000)
Net assets acquired	308,951,000							308,951,000
Intangible assets	35,248,000							35,248,000
Account receivable, gross	228,980,000							228,980,000
Pro Forma Results For Years Ended
Sales								25,771,000,000	$ 26,872,000,000
Net income								454,000,000	$ 587,000,000
Internix, Inc [Member]
Pro Forma Results For Years Ended
Gain on bargain purchase								$ 32,679,000
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis \| $ / shares								$ 0.23
2012 Acquisitions [Member]
Business Acquisition [Line Items]
Number of businesses acquired \| business									11
Contingent consideration
Cash									$ 390,410,000
Contingent consideration					23,175,000				23,175,000
Total					413,585,000				413,585,000
Contingent consideration, maximum additional payment					124,419,000				124,419,000
Assets Acquired and Liabilities Assumed
Cash					75,016,000				75,016,000
Accounts receivable, net					132,195,000				132,195,000
Inventory					59,463,000				59,463,000
Other current assets					23,936,000				23,936,000
Property, plant and equipment					9,729,000				9,729,000
Other assets					104,368,000				104,368,000
Total identifiable assets acquired					404,707,000				404,707,000
Current liabilities					(230,747,000)				(230,747,000)
Total liabilities assumed					(2,483,000)				(2,483,000)
Total liabilities assumed					233,230,000				233,230,000
Net identifiable assets acquired					171,477,000				171,477,000
Goodwill					246,425,000				246,425,000
Bargain purchase recognized					(4,317,000)				(4,317,000)
Net assets acquired					413,585,000				413,585,000
Intangible assets					93,291,000				93,291,000
Account receivable, gross					134,337,000				134,337,000
Pro Forma Results For Years Ended
Sales									26,052,000,000	$ 27,404,000,000
Net income									568,000,000	700,300,000
Pre-tax restructuring, integration and other charges									11,172,000
Unidux Electronics Limited [Member]
Contingent consideration
Total										163,770,000
Acquisitions of operations and investments, net of cash acquired										(132,780,000)
Assets Acquired and Liabilities Assumed
Net assets acquired										163,770,000
Pro Forma Results For Years Ended
Gain on bargain purchase									$ 4,317,000	$ 30,990,000
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis \| $ / shares									$ 0.03	$ 0.20
Electronics Marketing [Member]
Assets Acquired and Liabilities Assumed
Goodwill	601,830,000				545,309,000			$ 601,830,000	$ 545,309,000
Electronics Marketing [Member] \| 2013 Acquisitions [Member]
Assets Acquired and Liabilities Assumed
Goodwill	62,039,000							62,039,000
Electronics Marketing [Member] \| 2012 Acquisitions [Member]
Assets Acquired and Liabilities Assumed
Goodwill					179,989,000				179,989,000
Technology Solutions [Member]
Assets Acquired and Liabilities Assumed
Goodwill	659,458,000				555,312,000			659,458,000	555,312,000
Technology Solutions [Member] \| 2013 Acquisitions [Member]
Assets Acquired and Liabilities Assumed
Goodwill	$ 95,482,000							$ 95,482,000
Technology Solutions [Member] \| 2012 Acquisitions [Member]
Assets Acquired and Liabilities Assumed
Goodwill					$ 66,436,000				$ 66,436,000

Acquisitions and divestitures 2011 Acquisitions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Business Acquisition [Line Items]
Acquisitions of operations and investments, net of cash acquired	$ 262,306	$ 313,218	$ 690,997
2011 Acquisitions [Member]
Business Acquisition [Line Items]
Acquisitions of operations and investments, net of cash acquired			$ (124,678)

Acquisitions and divestitures Unidux (Details) - USD ($)	3 Months Ended			12 Months Ended
	Dec. 29, 2012	Sep. 29, 2012	Mar. 31, 2012	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Business Acquisition [Line Items]
Acquisitions of operations and investments, net of cash acquired				$ 262,306,000	$ 313,218,000	$ 690,997,000
Gain on bargain purchase	$ 1,700,000	$ 31,300,000	$ 4,500,000		$ (854,000)	$ (3,857,000)
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis		$ 0.22	$ 0.03		$ 0.01	$ 0.02
Unidux Electronics Limited [Member]
Business Acquisition [Line Items]
Net assets acquired						$ 163,770,000
Acquisitions of operations and investments, net of cash acquired						(132,780,000)
Gain on bargain purchase					$ 4,317,000	$ 30,990,000
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis					$ 0.03	$ 0.20

- Definition

In a business combination in which the amount of net identifiable assets acquired and liabilities assumed exceeds the aggregate consideration transferred or to be transferred (as defined), this element represents the amount of gain recognized by the entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 25
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6393-128476

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6396-128476

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph o(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Acquisitions and divestitures Bell (Details) - Bell Microproducts Inc [Member] $ / shares in Units, $ in Thousands	Jul. 06, 2010 USD ($) $ / shares
Business Acquisition [Line Items]
Net assets acquired	$ 255,691
Share price \| $ / shares	$ 7.00
Long term debt	$ (323,321)
Repayments of long-term debt	$ 209,651

Acquisitions and divestitures Divestitures (Details) - USD ($)	3 Months Ended			12 Months Ended
	Dec. 29, 2012	Sep. 29, 2012	Mar. 31, 2012	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Business Acquisition [Line Items]
Cash proceeds from divestiture activities				$ 3,613,000	$ 0	$ 19,108,000
Loss on bargin purchase, pre tax					1,399,000	6,308,000
Loss on bargin purchase, after tax	$ (1,700,000)	$ (31,300,000)	$ (4,500,000)		$ 854,000	$ 3,857,000
Loss on bargin purchase on a diluted basis		$ 0.22	$ 0.03		$ 0.01	$ 0.02
TS Asia [Member]
Business Acquisition [Line Items]
Loss on divestiture				(1,667,000)
Loss on divestiture, net of tax				$ (1,704,000)
Loss on divestiture on a diluted basis				$ 0.01
New ProSys Corp [Member]
Business Acquisition [Line Items]
Cash proceeds from divestiture activities						$ 19,108,000

Accounts Receivable Securitization (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012
Accounts receivable securitization (Textuals) [Abstract]
Accounts receivable securitization program maximum borrowing amount	$ 800,000
Accounts Receivable securitization program, expiration date	August 2013
Accounts Receivable Securitization Program Loan Term	1 year
Accounts receivable securitization program, borrowings outstanding	$ 360,000	$ 670,000
Terms on which interest on borrowings is calculated	base rate or a commercial paper rate plus a spread of 0.35%
Program facility fee	0.35%

Shareholders' Equity Accumulated Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Illustration of accumulated balances of comprehensive income
Accumulated translation adjustments, net	$ 135,395	$ 90,798	$ 461,213
Accumulated pension liability adjustments, net of income taxes	(106,500)	(136,630)	(84,002)
Total	$ 28,895	$ (45,832)	$ 377,211

- Definition

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
-Subparagraph (j-k)
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-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 26
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
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-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e681-108580

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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 18, 19, 22, 23, 24, 25, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Share repurchase program (Details Textuals) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 29, 2013 USD ($) $ / shares shares
Share Repurchase Program [Abstract]
Authorized repurchase of common stock under Share Repurchase Program	$ 750,000
Shares repurchased during period \| shares	6,620
Average market price per shares repurchased during period \| $ / shares	$ 30.15
Cost of repurchase	$ 199,585
Stock Repurchase Program, Aggregate Number of Shares Repurchased Since Inception \| shares	17,890
Stock Repurchase Program, Aggregate Cost of Shares Repurchased Since Inception	$ 525,525
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 224,475

Property plant and equipment, net (Details) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012
Summary of Property, plant and equipment
Land	$ 24,834	$ 19,912
Buildings	124,186	102,395
Machinery, fixtures and equipment	933,188	865,198
Leasehold improvements	102,378	92,131
Property, plant and equipment, gross	1,184,586	1,079,636
Less - accumulated depreciation and amortization	(691,980)	(618,406)
Property, plant and equipment, net	$ 492,606	$ 461,230

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References + Details

Property, plant and equipment, net (Details Textuals) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Property, Plant and Equipment, Net [Abstract]
Depreciation and amortization expense	$ 88,303	$ 70,645	$ 57,516
Asset Impairment Charges, Pre Tax			1,968
Asset Impairment Charges, After Tax			$ 1,413
Asset Impairment Charges Per Diluted Share			$ 0.01

Goodwill and intangible assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 29, 2013	Jun. 30, 2012
Carrying amount of goodwill, by reportable segment
Gross goodwill		$ 2,641,022	$ 2,480,355
Accumulated Impairment		(1,379,734)	(1,379,734)
Carrying value at June 30, 2012	$ 1,100,621
Additions	165,113
Adjustments	0
Write-down due to exit of business	(5,408)
Foreign currency translation	962
Carrying value at June 29, 2013	1,100,621	1,261,288	1,100,621
Electronics Marketing [Member]
Carrying amount of goodwill, by reportable segment
Gross goodwill		1,646,940	1,590,419
Accumulated Impairment		(1,045,110)	(1,045,110)
Carrying value at June 30, 2012	545,309
Additions	55,486
Adjustments	7,185
Write-down due to exit of business	(5,408)
Foreign currency translation	(742)
Carrying value at June 29, 2013	545,309	601,830	545,309
Technology Solutions [Member]
Carrying amount of goodwill, by reportable segment
Gross goodwill		994,082	889,936
Accumulated Impairment		(334,624)	(334,624)
Carrying value at June 30, 2012	555,312
Additions	109,627
Adjustments	(7,185)
Write-down due to exit of business	0
Foreign currency translation	1,704
Carrying value at June 29, 2013	$ 555,312	$ 659,458	$ 555,312

Goodwill and intangible assets (Details 1) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012
Goodwill [Line Items]
Gross Carrying Amount	$ 283,604	$ 260,667
Accumulated Amortization	(111,392)	(79,328)
Net Book Value	172,212	181,339
Customer Relationships [Member]
Goodwill [Line Items]
Gross Carrying Amount	272,312	248,105
Accumulated Amortization	(107,636)	(76,645)
Net Book Value	164,676	171,460
Customer Lists [Member]
Goodwill [Line Items]
Gross Carrying Amount	3,795	3,690
Accumulated Amortization	(2,310)	(1,279)
Net Book Value	1,485	2,411
Trade Names [Member]
Goodwill [Line Items]
Gross Carrying Amount	3,320	3,820
Accumulated Amortization	(480)	(970)
Net Book Value	2,840	2,850
Other [Member]
Goodwill [Line Items]
Gross Carrying Amount	4,177	5,052
Accumulated Amortization	(966)	(434)
Net Book Value	$ 3,211	$ 4,618

Estimated Future Amortization Expense (Details 2) $ in Thousands	Jun. 29, 2013 USD ($)
Fiscal Year:
2014	$ 35,564
2015	34,294
2016	28,647
2017	26,479
2018	$ 15,278

Goodwill and intangible assets (Details Textuals) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Goodwill and Intangible Assets Disclosure [Abstract]
Write-down due to exit of business	$ (5,408)
Intangible Assets, Weighted Average Useful Life	8 years
Intangible asset amortization expense	$ 32,343	$ 27,717	$ 21,240

External financing (Details) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012
Components of short-term debt
Short-term Debt	$ 838,190	$ 872,404
Bank Credit Facilities [Member]
Components of short-term debt
Short-term Debt	177,118	201,390
Borrowings Under the Accounts Receivable Securitization Program (see Note 3) [Member]
Components of short-term debt
Short-term Debt	360,000	670,000
Current portion of long-term debt [Member]
Components of short-term debt
Short-term Debt	299,950	0
Other Debt Due Within One Year [Member]
Components of short-term debt
Short-term Debt	$ 1,122	$ 1,014

External financing (Details 1) - USD ($) $ in Thousands	Jun. 29, 2013	Dec. 29, 2012	Jun. 30, 2012
Components of long-term debt
Subtotal	$ 1,209,579		$ 1,274,456
Discount on notes	(2,586)		(2,471)
Long-term debt net of current portion	1,206,993		1,271,985
5.875% Notes due March 15, 2014
Debt Instrument [Line Items]
Senior notes	$ 0		$ 300,000
Interest rate of senior notes	5.875%		5.875%
6.00% Notes due September 1, 2015
Debt Instrument [Line Items]
Senior notes	$ 250,000		$ 250,000
Interest rate of senior notes	6.00%		6.00%
6.625% Notes due September 15, 2016
Debt Instrument [Line Items]
Senior notes	$ 300,000		$ 300,000
Interest rate of senior notes	6.625%		6.625%
5.875% Notes due June 15, 2020
Debt Instrument [Line Items]
Senior notes	$ 300,000		$ 300,000
Interest rate of senior notes	5.875%		5.875%
4.875% Notes due December 1, 2022
Debt Instrument [Line Items]
Senior notes	$ 350,000	$ 350,000	$ 0
Interest rate of senior notes	4.875%	4.875%	0.00%
Other long-term debt
Debt Instrument [Line Items]
Other long-term debt	$ 9,579		$ 124,456

External financing (Details 2) $ in Thousands	Jun. 29, 2013 USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
2014	$ 838,240
Long-term Debt, Maturing in Years Two and Three [Abstract]
2015	1,193
2016	257,552
Long-term Debt, Maturing in Years Four and Five [Abstract]
2017	300,434
2018	0
Thereafter	650,400
Subtotal	2,047,819
Discount on notes	(2,636)
Total debt	$ 2,045,183

External financing (Details Textuals) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 29, 2012	Jun. 29, 2013	Jun. 30, 2012
External financing [Abstract]
Company's debt, carrying value		$ 2,045,183
Company's debt, fair value		2,130,294
Notes Due 2022 [Member]
Debt Instrument [Line Items]
Senior note issued	$ 350,000	$ 350,000	$ 0
Interest rate of senior notes	4.875%	4.875%	0.00%
Debt Instrument, Maturity Date	Dec. 01, 2022
Proceeds from Issuance of Debt	$ 349,258
Payments of Financing Costs	$ 2,275
Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility Term		5 years
Line of Credit Facility, Maximum Borrowing Capacity		$ 1,000,000
Line of Credit Facility Expiration Date		Nov. 18, 2016
Line of Credit Facility, Amount Outstanding		$ 6,700	$ 110,072
Letters of Credit Outstanding, Amount		$ 2,309	$ 17,202
Bank Credit Facilities [Member]
Debt Instrument [Line Items]
Weighted average interest rate on bank credit facilities		4.30%	6.10%

Accrued expenses and other (Details) - USD ($)
$ in Thousands

Jun. 29, 2013

Jun. 30, 2012

Summarized Accrued expenses and other

Payroll, commissions and related accruals

$ 291,561

$ 279,454

Income taxes (Note 9)

54,039

85,025

Other

^[1]

359,502

331,004

Accrued expenses and other (Note 8)

$ 705,102

$ 695,483

[1]	Includes reserves related to restructuring, integration and other charges (see Note 17). Amounts presented in this caption were individually not significant.

- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all domestic and foreign income tax obligations due. This amount is the total of current and noncurrent accrued income taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.15)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.15(b))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 15
-Subparagraph b(1)
-Article 7

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Section Appendix E
-Paragraph 289
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 15
-Subparagraph 1
-Article 9

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 48
-Paragraph 15, 21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

Pension and Retirement Plans (Details) - USD ($)	12 Months Ended
Pension and Retirement Plans (Details) - USD ($)	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Changes in benefit obligations:
Service cost	$ 36,920,000	$ 28,380,000	$ 23,874,000
Interest cost	14,653,000	14,925,000	13,918,000
Change in plan assets:
Contributions	40,000,000	0
Amounts recognized in accumulated other comprehensive income:
Unrecognized net actuarial loss	(173,069,000)
Unamortized prior service credit	7,623,000
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Other changes in plan assets and benefit obligations recognized in other comprehensive income	49,192,000	85,010,000	31,987,000
Pension Plans [Member]
Changes in benefit obligations:
Benefit obligations at beginning of year	375,156,000	297,527,000
Service cost	36,920,000	28,380,000
Interest cost	14,653,000	14,925,000
Plan amendments	0	3,360,000
Actuarial (gain) loss	(13,545,000)	48,620,000
Benefits paid	(21,304,000)	(17,656,000)
Benefit obligations at end of year	391,880,000	375,156,000	297,527,000
Change in plan assets:
Fair value of plan assets at beginning of year	301,449,000	324,752,000
Actual return on plan assets	45,228,000	(5,647,000)
Benefits paid	(21,304,000)	(17,656,000)
Contributions	40,000,000	0
Fair value of plan assets at end of year	365,373,000	301,449,000	$ 324,752,000
Funded status of the plan recognized as a non-current asset (liability)	(26,507,000)	(73,707,000)
Amounts recognized in accumulated other comprehensive income:
Unrecognized net actuarial loss	173,069,000	218,837,000
Unamortized prior service credit	(7,623,000)	(9,196,000)
Amount recognized in accumulated other comprehensive income	165,446,000	209,641,000
Other changes in plan assets and benefit obligations recognized in other comprehensive income:
Net actuarial (gain) loss	(30,870,000)	81,206,000
Prior service cost	0	3,360,000
Amortization of net actuarial loss	(14,898,000)	(9,680,000)
Amortization of prior service credit	1,573,000	1,875,000
Other changes in plan assets and benefit obligations recognized in other comprehensive income	$ (44,195,000)	$ 76,761,000
Weighted average assumptions used to calculate actuarial present values of benefit obligations
Discount rate	4.50%	4.00%
Weighted average assumptions used to determine net benefit costs
Discount rate	4.00%	5.25%
Expected return on plan assets	8.50%	8.50%

Pension and Retirement Plans (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Components of net periodic pension costs
Service cost	$ 36,920	$ 28,380	$ 23,874
Interest cost	14,653	14,925	13,918
Expected return on plan assets	(27,905)	(26,938)	(27,560)
Recognized net actuarial loss	14,898	9,680	8,938
Amortization of prior service credit	(1,573)	(1,875)	(1,875)
Net periodic pension cost	$ 36,993	$ 24,172	$ 17,295

- Definition

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512136

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512171

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References + Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Pension and Retirement Plans (Details 2) $ in Thousands	Jun. 29, 2013 USD ($)
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]
2014	$ 28,436
2015	23,802
2016	27,310
2017	30,627
2018	34,448
2019 through 2023	$ 240,710

Pension and retirement plans Pension and Retirement Plans (Details 3)	Jun. 29, 2013	Jun. 30, 2012
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	75.00%	75.00%
Fixed income
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	24.00%	24.00%
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	1.00%	1.00%

Pension and retirement plans Pension and Retirement Plans, Fair Value (Details 4) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	$ 365,373	$ 301,449	$ 324,752
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	3,032	3,045
Fair Value, Inputs, Level 1 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	3,032	3,045
Fair Value, Inputs, Level 1 [Member] \| U.S. common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 1 [Member] \| International common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 1 [Member] \| U.S. government agencies [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 1 [Member] \| U.S. corporate bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	362,341	298,404
Fair Value, Inputs, Level 2 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 2 [Member] \| U.S. common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	219,225	178,857
Fair Value, Inputs, Level 2 [Member] \| International common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	56,458	46,897
Fair Value, Inputs, Level 2 [Member] \| U.S. government agencies [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	10,004	10,087
Fair Value, Inputs, Level 2 [Member] \| U.S. corporate bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	76,654	62,563
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 3 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 3 [Member] \| U.S. common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 3 [Member] \| International common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 3 [Member] \| U.S. government agencies [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 3 [Member] \| U.S. corporate bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Estimate of Fair Value, Fair Value Disclosure [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	365,373	301,449
Estimate of Fair Value, Fair Value Disclosure [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	3,032	3,045
Estimate of Fair Value, Fair Value Disclosure [Member] \| U.S. common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	219,225	178,857
Estimate of Fair Value, Fair Value Disclosure [Member] \| International common stocks [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	56,458	46,897
Estimate of Fair Value, Fair Value Disclosure [Member] \| U.S. government agencies [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	10,004	10,087
Estimate of Fair Value, Fair Value Disclosure [Member] \| U.S. corporate bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	$ 76,654	$ 62,563

Pension and Retirement Plans (Details Textuals)	12 Months Ended
Pension and Retirement Plans (Details Textuals)	Jun. 29, 2013 USD ($) h	Jun. 30, 2012 USD ($)
Pension And Retirement Plans (Textuals) [Abstract]
Minimum hours of service required to participate in the Pension plan during first year of service \| h	1,000
Defined benefit plan description of plan amendment	The Plan was amended effective June 1, 2012 to improve pre-retirement death benefits so that the pre-retirement death benefits will be payable without regard to marital status, and will be based on 100% of the participant's vested cash account. The increase in liability is recognized as a prior service costs and will be amortized staring in fiscal year 2013.
Unrecognized actuarial gain losses	$ 173,069,000
Unrecognized actuarial losses expected to be recognized in net periodic pension cost	12,686,000
Unrecognized prior service credit in net periodic pension cost	7,623,000
Unrecognized prior service credit Expected to be recognized net periodic pension cost	1,573,000
Company's net contribution in pension plans	$ 40,000,000	$ 0
Target rate of return on pension plan	8.50%
Target allocation percentage of investments equity securities	76.00%
Target allocation percentage of investments equity securities, Minimum	60.00%
Target allocation percentage of investments equity securities, Maximum	92.00%

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Current:
Federal	$ 17,212	$ 94,237	$ 64,476
State and Local	7,034	19,466	11,724
Foreign	84,965	98,278	109,731
Total current taxes	109,211	211,981	185,931
Deferred:
Federal	2,619	6,896	41,029
State and Local	2,390	758	5,273
Foreign	(15,028)	4,128	(30,336)
Total deferred Taxes	(10,019)	11,782	15,966
Provision for income taxes	$ 99,192	$ 223,763	$ 201,897

Income taxes Income Taxes (Details 1)	12 Months Ended
Income taxes Income Taxes (Details 1)	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011	Jul. 03, 2010
Reconciliation between federal statutory tax rate and effective tax rate
Federal statutory rate	35.00%	35.00%	35.00%
State and local income taxes, net of federal benefit	1.10%	1.80%	1.50%
Foreign tax rates, net of valuation allowances	(7.20%)	(5.40%)	(5.30%)
Release of valuation allowance, net of U.S tax expense	(6.40%)	(2.80%)	(7.40%)
Change in contingency reserves	0.40%	0.50%	1.40%
Tax audit settlements	(6.00%)	(1.00%)	(0.40%)
Other, net	1.20%	0.20%	(1.60%)
Effective tax rate	18.10%	28.30%	23.20%	23.20%

Income Taxes (Details 2) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012
Deferred tax assets:
Inventory valuation	$ 19,509	$ 13,298
Accounts receivable valuation	27,185	29,984
Federal, state and foreign tax loss carry-forwards	333,940	304,410
Various accrued liabilities and other	33,031	88,792
Deferred tax assets, gross	413,665	436,484
Less - valuation allowance	(230,821)	(244,093)
Deferred tax assets, net	182,844	192,391
Deferred tax liabilities:
Depreciation and amortization of property, plant and equipment	(50,469)	(54,745)
Net deferred tax assets	$ 132,375	$ 137,646

Income taxes Income Taxes (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012
Reconciliation of the beginning and ending accrual balance for unrecognized tax benefits
Balance at end of year	$ 123,930	$ 146,626
Additions for tax positions taken in prior periods, including interest	11,732	19,262
Reductions for tax positions taken in prior periods, including interest	(33,776)	(35,898)
Additions for tax positions taken in current period	7,445	8,179
Reductions related to settlements with taxing authorities	(9,064)	(7,460)
Reductions related to the lapse of statute of limitations	(2,812)	(3,810)
Additions (reductions) related to foreign currency translation	$ 3,779	$ (8,798)

Income Taxes (Details Textuals) - USD ($)	3 Months Ended				6 Months Ended	12 Months Ended
Income Taxes (Details Textuals) - USD ($)	Jun. 29, 2013	Dec. 29, 2012	Sep. 29, 2012	Jun. 30, 2012	Dec. 29, 2012	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011	Jul. 03, 2010
Income Taxes (Textuals) [Abstract]
Income (loss) before income taxes, Domestic						$ 174,000,000	$ 320,333,000	$ 273,287,000
Income (loss) before income taxes, Foreign						$ 375,265,000	$ 470,449,000	$ 597,679,000
Effective tax rate						18.10%	28.30%	23.20%	23.20%
Net Tax Benefit Impacting Tax Rate						$ 50,376,000
Tax benefit release of valuation allowance against deferred tax assets	$ 41,600,000			$ 26,300,000		$ 41,572,000
Effective tax rate excluding impact of release of valuation allowance						23.00%		31.10%
Recognized tax benefit related to settlement	6,700,000	$ 17,400,000	$ 12,200,000		$ 33,005,000	$ 33,182,000
Other Information Pertaining to Income Taxes						24378000
Reduction in deferred tax valuation allowance	41,572,000					$ 41,572,000
Valuation allowance impacted effective tax rate						31,867,000	$ 26,231,000
Increase in valuation allowance for newly acquired companies and companies with a history of losses	28,300,000					28,300,000
Net operating loss carry forward	1,186,832,000					1,186,832,000
Operating loss carry forward, subject to expiration	43,463,000					43,463,000
Deferred tax assets operating loss carry forwards expiring in next three years and after						238,701,000
Operating loss carry forward, not subject to expiration	904,668,000					904,668,000
Balance at beginning of year			$ 146,626,000		$ 146,626,000	146,626,000	175,151,000
Recognized tax benefits	117,708,000			126,933,000		117,708,000	126,933,000
Accrued interest expense and penalties	24,979,000			$ 24,664,000		24,979,000	24,664,000
Tax contingencies settled						23,884,000
Expected cash payment for settlement	$ 16,303,000					16,303,000
EMEA [Member]
Income Taxes (Textuals) [Abstract]
Tax benefit release of valuation allowance against deferred tax assets						$ 27,055,000	$ 22,127,000

Operating leases (Details) - USD ($) $ in Thousands	12 Months Ended
Operating leases (Details) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Rent expense charged to operations
Rent expense charged to operations, Total	$ 94,087	$ 92,624	$ 86,703
Buildings [Member]
Rent expense charged to operations
Rent expense charged to operations, Total	86,884	84,531	78,371
Equipment [Member]
Rent expense charged to operations
Rent expense charged to operations, Total	$ 7,203	$ 8,093	$ 8,332

Operating Leases (Details 1) $ in Thousands	Jun. 29, 2013 USD ($)
Minimum operating lease commitments, principally for buildings
2014	$ 86,100
2015	58,165
2016	41,901
2017	29,088
2018	18,468
Thereafter	38,514
Total	$ 272,236

Stock Based Compensation Plans (Details)	12 Months Ended
Stock Based Compensation Plans (Details)	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Volatility assumption on the basis of Avnet's Stock
Expected term (years)	6 years	6 years	6 years
Risk-free interest rate	0.90%	1.20%	1.80%
Weighted average volatility	35.00%	33.70%	33.70%
Dividend yield	0.00%	0.00%	0.00%

Stock Based Compensation Plans (Details 1) - $ / shares	12 Months Ended
Stock Based Compensation Plans (Details 1) - $ / shares	Jun. 29, 2013	Jun. 30, 2012
Summary of the changes in outstanding options
Shares Underlying Options Outstanding at June 30, 2012	2,881,918
Weighted Average Exercise Price per Share Outstanding at June 30, 2012	$ 23.78
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	70 months	61 months
Shares Underlying Options Granted	416,128
Weighted Average Exercise Price per Share Granted	$ 32.34
Weighted Average Remaining Contractual Term Granted	110 months
Shares Underlying Options Exercised	(708,421)
Weighted Average Exercise Price per Share Exercised	$ 18.25
Weighted Average Remaining Contractual Term Exercised	12 months
Shares Underlying Options Forfeited or Expired	(10,437)
Weighted Average Exercise Price per Share Forfeited or Expired	$ 30.50
Weighted Average Remaining Contractual Term Forfeited or Expired	40 months
Shares Underlying Options Outstanding at June 29, 2013	2,579,188	2,881,918
Weighted Average Exercise Price per Share Outstanding at June 29, 2013	$ 26.65	$ 23.78
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	70 months	61 months
Shares Underlying Options Exercisable at June 29, 2013	1,634,898
Weighted Average Exercise Price per Share Exercisable at June 29, 2013	$ 25.37
Weighted Average Remaining Contractual Term Exercisable at June 29, 2013	53 months

Stock Based Compensation Plans (Details 2)	12 Months Ended
Stock Based Compensation Plans (Details 2)	Jun. 29, 2013 $ / shares shares
Summary of the changes in non-vested stock options
Shares Underlying Options Outstanding at June 30, 2012	2,881,918
Shares Underlying Options Granted	416,128
Shares Underlying Options Forfeited	(10,437)
Shares Underlying Options Outstanding at June 29, 2013	2,579,188
Non Vested [Member]
Summary of the changes in non-vested stock options
Shares Underlying Options Outstanding at June 30, 2012	887,295
Weighted Average Grant-Date Fair Value At June 30, 2012 \| $ / shares	$ 9.41
Shares Underlying Options Granted	416,128
Weighted-average grant-date fair values of stock options granted \| $ / shares	$ 11.33
Shares Underlying Options Vested	(359,133)
Weighted-average grant-date fair values of stock options Vested \| $ / shares	$ 9.53
Shares Underlying Options Forfeited	0
Weighted-average grant-date fair values of stock options forfeited \| $ / shares	$ 0.00
Shares Underlying Options Outstanding at June 29, 2013	944,290
Weighted Average Grant-Date Fair Value At June 29, 2013 \| $ / shares	$ 10.21

Stock Based Compensation Plans (Details 3)	12 Months Ended
Stock Based Compensation Plans (Details 3)	Jun. 29, 2013 $ / shares shares
Summary of the changes in non-vested incentive shares
Shares Underlying Incentive Shares Non-vested at June 30, 2012 \| shares	1,749,519
Weighted Average Grant - Date Fair Value Price per Share Non - vested at June 30, 2012 \| $ / shares	$ 26.82
Shares Underlying Incentive Shares Granted in Non - vested \| shares	1,292,030
Weighted Average Grant - Date Fair Value Price per Share Non - vested of Granted \| $ / shares	$ 32.42
Shares Underlying Incentive Shares Vested in Non - vested \| shares	(900,701)
Weighted Average Grant - Date Fair Value Price per Share of Vested \| $ / shares	$ 28.24
Shares Underlying Incentive Shares Forfeited in Non - vested \| shares	(131,338)
Weighted Average Grant - Date Fair Value Price per Share of Forfeited Non-vested \| $ / shares	$ 28.64
Shares Underlying Incentive Shares Non-vested at June 29, 2013 \| shares	2,009,510
Weighted Average Grant - Date Fair Value Price per Share Non - vested at June 29, 2013 \| $ / shares	$ 29.62

- Definition

The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.

+ References + Details

Stock Based Compensation Plans (Details Textuals) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	1,634,898
Performance shares granted	1,292,030
Stock Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock of shares reserved for stock option and stock incentive plans	8,988,130
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	2,579,188
Shares available for grant	2,995,588
Stock Incentive and Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Stock Incentive and Performance Shares, Granted, Non-Vested	2,980,565
Non Vested [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant-date fair values of stock options granted	$ 11.33
Total unrecognized compensation cost related to non vested stock options	$ 2,534
Weighted average period for expected recognition of compensation cost	2 years 2 months
Total fair value of shares vested	$ 3,424	$ 3,599	$ 3,425
Cash received from exercise of stock options	2,053	2,405	3,506
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 3,989	$ 3,147	$ 3,499
Percentage of stock option vest under 2010 plan	25% on each anniversary of the grant date
Percentage of fair market value at the date of grant	100.00%
Weighted-average grant-date fair values of stock options granted	$ 11.33	$ 9.67	$ 8.72
Intrinsic values of share options outstanding	$ 18,089
Intrinsic values of share options exercisable	$ 13,624
Contractual life of stock options under 2010 plan	10 years
Incentive Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 26,788	$ 20,978	$ 17,008
Total unrecognized compensation cost related to non vested stock options	$ 47,413
Weighted average period for expected recognition of compensation cost	2 years 10 months 24 days
Shares previously awarded have not yet been delivered	2,009,510
Fair value of shares vested	$ 25,439	19,516	15,916
Contractual life of share-based compensation plan	5 years
Performance Share Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 11,902	$ 10,502	$ 7,374
Contractual life of share-based compensation plan	3 years
Performance shares granted	252,185	349,070	380,200
Forfeited share	10,400
Performance goals range, minimum	0.00%
Performance goals range, maximum	200.00%
Outside Director Stock Bonus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 999	$ 1,110	$ 1,050
Stock Based Compensation Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 43,677	$ 35,737	$ 28,931
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant, Employee Stock Purchase Plan	432,789
Purchase price of common stock equal to market value	95.00%
Common stock issued under the ESPP program	61,731	64,187	62,329

Commitments and contingencies Commitments and contingencies (Details) - USD ($) $ in Thousands	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Business Acquisition [Line Items]
Legal claim		$ 6,665
Bell Microproducts Inc [Member]
Business Acquisition [Line Items]
Loss Contingency, Estimate of Possible Loss			$ 10,000
Loss Contingency, Range of Possible Loss, Maximum	$ 73,000

Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands

3 Months Ended

12 Months Ended

Jun. 29, 2013

^[1]

Mar. 30, 2013

^[1]

Dec. 29, 2012

^[1]

Sep. 29, 2012

^[1]

Jun. 30, 2012

^[2]

Mar. 31, 2012

^[2]

Dec. 31, 2011

^[2]

Oct. 01, 2011

^[2]

Jun. 29, 2013

Jun. 30, 2012

Jul. 02, 2011

Numerator:

Net income for basic and diluted earnings per share

$ 126,100

$ 86,200

$ 137,500

$ 100,300

$ 133,400

$ 147,600

$ 147,000

$ 139,000

$ 450,073

$ 567,019

$ 669,069

Denominator:

Weighted average common shares for basic earnings per share

137,951

147,278

152,481

Net effect of dilutive stock options and performance share awards

2,052

2,275

1,856

Weighted average common shares for diluted earnings per share

140,003

149,553

154,337

Basic earnings per share

$ 3.26

$ 3.85

$ 4.39

Diluted earnings per share

$ 0.91

$ 0.62

$ 0.99

$ 0.70

$ 0.91

$ 1.00

$ 0.98

$ 0.90

$ 3.21

$ 3.79

$ 4.34

[1]

(b)First quarter of fiscal 2013, results were impacted by restructuring, integration and other charges of $37.4 million pre-tax, $27.1 million after tax and $0.19 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company recognized a gain on bargain purchase of $31.3 million pre- and after tax and $0.22 per share on a diluted basis related to the acquisition of Internix, Inc., and an income tax adjustment of $12.2 million primarily related to a favorable settlement of an income tax audit. Second quarter results were impacted by restructuring, integration and other charges of $24.9 million pre-tax, $19.9 million after tax and $0.14 per share on a diluted basis. The charges consisted of severance, facility exit costs fixed asset write-downs, integration costs, transaction costs, other charges, and a reversal to adjust prior year restructuring reserves. The Company recorded a net gain of $0.1 million pre- and after tax share consisting of an adjustment of $1.7 million pre-and after tax to increase the gain on bargain purchase recorded in the first quarter of 2013 offset by a loss on a divestiture related to a small business in TS Asia. The Company also recorded an income tax adjustment of $17.4 million related to a favorable audit settlement of a U.S. income tax audit for an acquired company. Third quarter results were impacted by restructuring, integration and other charges of $27.3 million pre-tax, $25.8 million after tax and $0.18 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company recorded a loss of $8.8 million in integration-related costs due to the exit of two multi-employer pension plans associated with acquired entities in Japan, a credit of $11.2 million in acquisition charges related to the reversal of an earn-out liability, and $6.6 million in other charges related to the write-down of the net assets and goodwill associated with the planned exit of a non-integrated business in the EM Americas region. The Company also recorded an income tax adjustment of $13.4 million primarily related to the increase to a valuation allowance against existing deferred tax assets and increases to tax reserves. Fourth quarter results were impacted by restructuring, integration and other charges of $59.8 million pre-tax, $43.6 million after tax and $0.31 per share on a diluted basis. These charges included severance, facility exit costs, integration costs, transaction costs, other restructuring charges and other charges related to legal claims. The Company recorded a small adjustment to the gain on bargain purchase related to the business in Japan acquired in the third quarter. The Company also recorded a net tax benefit of $34.2 million, which is comprised of (i) a tax benefit of $41.6 million for the release of valuation allowances against deferred tax assets that were determined to be realizable during the fourth quarter of fiscal 2013, (ii) a tax benefit of $6.7 million related to the release of existing reserves due to audit settlement and statute expiration, partially offset by (iii) a tax provision of $14.1 million primarily related to the establishment of tax reserves against deferred tax assets that were determined to be unrealizable during the fourth quarter of fiscal 2013.

[2]

(c)Second quarter of fiscal 2012 included restructuring, integration and other charges of $34.5 million pre-tax, $23.6 million after tax and $0.16 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company also recorded $1.4 million pre-tax, $0.9 million after tax and $0.01 per share on a diluted basis related to the write-down of a small investment and the write-off of deferred financing costs associated with the early retirement of a credit facility, and an income tax adjustment of $0.5 million primarily related to the combination of a favorable audit settlement and release of a valuation allowance on certain deferred tax assets which were determined to be realizable, mostly offset by changes to existing tax positions primarily for transfer pricing. Third quarter results were impacted by restructuring, integration and other charges of $18.6 million pre-tax, $13.7 million after tax and $0.10 per share on a diluted basis. The charges consisted of severance, facility exit costs, fixed asset write-downs, integration costs, transaction costs, other charges, and a reversal to adjust prior year restructuring reserves. The Company also recognized a gain on bargain purchase of $4.5 million pre- and after tax and $0.03 per share on a diluted basis related to the acquisition of Unidux Electronics Limited (Singapore), and an income tax adjustment of $5.2 million and $0.04 per share on a diluted basis related primarily to the combination of favorable audit settlements, certain reserve releases and the release of a valuation allowance on deferred tax assets which were determined to be realizable. Fourth quarter results were impacted by restructuring, integration and other charges of $20.5 million pre-tax, $15.7 million after tax and $0.11 per share on a diluted basis. These charges included severance, facility exit costs, integration costs, transaction costs, other restructuring charges and other charges related to legal claims. During the fourth quarter, the Company recognized a small adjustment to the gain on bargain purchase related to the business in Japan acquired in the third quarter; and a net tax benefit of $4.0 million and $0.03 per share on a diluted basis which is comprised of (i) a tax benefit of $26.3 million for the release of tax reserves against deferred tax assets that were determined to be realizable during the fourth quarter of fiscal 2012, partially offset by (ii) a tax provision of $22.3 million primarily related to the impact of withholding tax related to legal entity reorganizations and the establishment of tax reserves against deferred tax assets that were determined to be unrealizable during the fourth quarter of fiscal 2012.

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 18
-Article 7

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 20
-Article 5

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References + Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Earnings Per Share (Details Textuals) - shares	12 Months Ended
Earnings Per Share (Details Textuals) - shares	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares	565,840	238,000	238,000

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Additional Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Other non-cash and reconciling items
Provision for doubtful accounts	$ 30,802	$ 35,632	$ 39,255
Periodic pension costs (Note 10)	36,993	24,172	17,295
Other, net	7,532	6,459	296
Total	75,327	66,263	56,846
Interest and income taxes paid
Interest	106,735	89,529	91,946
Income taxes	$ 141,196	$ 192,717	$ 158,372

- Definition

The amount of pension benefit costs recognized during the period for (1) defined benefit plans and (2) defined contribution plans. For defined benefit plans, pension expense includes the following components: service cost, interest cost, expected return on plan assets, gain (loss) on plan assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. For defined contribution plans, the pension expense generally equals the firm's contribution to employees' accounts (if the firm contributes) during the period.

+ References + Details

Additional Cash Flow Information (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Additional cash flow information (Textuals) [Abstract]
Adjustment to pension liabilities	$ 49,192	$ 85,010	$ 31,987
Net of related deferred tax benefit in other comprehensive income	19,062	32,382	12,022
Noncash or Part Noncash Acquisition, Debt Assumed	66,367	34,765	420,259
Assumed liabilities as a result of acquisitions	$ 203,626	$ 214,325	$ 509,812

Segment information (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 29, 2013

Mar. 30, 2013

Dec. 29, 2012

Sep. 29, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2011

Oct. 01, 2011

^[2]

Jun. 29, 2013

Jun. 30, 2012

Jul. 02, 2011

Sales:

Sales

$ 6,590,700

^[1]

$ 6,298,700

^[1]

$ 6,699,500

^[1]

$ 5,870,100

^[1]

$ 6,307,400

^[2]

$ 6,280,500

^[2]

$ 6,693,600

^[2]

$ 6,426,000

$ 25,458,924

$ 25,707,522

$ 26,534,413

Operating income (loss):

Operating income (loss) Before restructuring Charges

775,500

957,800

1,007,200

Restructuring, integration and other charges (Note 17)

(59,800)

(27,300)

(24,900)

(37,400)

(20,500)

(18,600)

(34,500)

(149,501)

(73,585)

(77,176)

Operating income

625,981

884,165

929,979

Assets:

Assets

10,474,680

10,167,866

10,474,680

10,167,866

Capital expenditures:

Purchases of property, plant and equipment

97,379

128,652

148,707

Depreciation & amortization expense:

Depreciation and amortization

120,676

101,336

81,389

Sales, by geographic area, are as follows:

Sales

6,590,700

^[1]

$ 6,298,700

^[1]

$ 6,699,500

^[1]

$ 5,870,100

^[1]

6,307,400

^[2]

$ 6,280,500

^[2]

$ 6,693,600

^[2]

$ 6,426,000

25,458,924

25,707,522

26,534,413

Property, plant and equipment, net, by geographic area:

Property, plant and equipment, net

492,606

461,230

492,606

461,230

Americas [Member]

Sales:

Sales

10,716,600

11,499,300

^[3]

11,518,500

^[3]

Sales, by geographic area, are as follows:

Sales

10,716,600

11,499,300

^[3]

11,518,500

^[3]

Property, plant and equipment, net, by geographic area:

Property, plant and equipment, net

^[4]

283,000

278,500

283,000

278,500

242,500

EMEA [Member]

Sales:

Sales

7,277,900

7,408,900

^[5]

8,393,400

^[5]

Sales, by geographic area, are as follows:

Sales

7,277,900

7,408,900

^[5]

8,393,400

^[5]

Property, plant and equipment, net, by geographic area:

Property, plant and equipment, net

^[6]

177,900

150,800

177,900

150,800

150,600

Asia/Pacific [Member]

Sales:

Sales

7,464,400

6,799,300

^[7]

6,622,500

^[7]

Sales, by geographic area, are as follows:

Sales

7,464,400

6,799,300

^[7]

6,622,500

^[7]

Property, plant and equipment, net, by geographic area:

Property, plant and equipment, net

31,700

31,900

31,700

31,900

26,100

Electronics Marketing [Member]

Sales:

Sales

15,094,400

14,933,100

15,066,200

Operating income (loss):

Operating income (loss) Before restructuring Charges

624,000

751,400

832,500

Assets:

Assets

6,316,300

6,024,300

6,316,300

6,024,300

5,890,900

Capital expenditures:

Purchases of property, plant and equipment

24,100

58,500

69,800

Depreciation & amortization expense:

Depreciation and amortization

51,800

38,900

28,300

Sales, by geographic area, are as follows:

Sales

15,094,400

14,933,100

15,066,200

Technology Solutions [Member]

Sales:

Sales

10,364,500

10,774,400

11,468,200

Operating income (loss):

Operating income (loss) Before restructuring Charges

278,400

319,300

286,700

Assets:

Assets

3,838,400

3,738,500

3,838,400

3,738,500

3,765,200

Capital expenditures:

Purchases of property, plant and equipment

26,600

41,300

57,400

Depreciation & amortization expense:

Depreciation and amortization

47,300

39,200

30,000

Sales, by geographic area, are as follows:

Sales

10,364,500

10,774,400

11,468,200

Corporate [Member]

Operating income (loss):

Operating income (loss) Before restructuring Charges

(126,900)

(112,900)

(112,000)

Assets:

Assets

$ 320,000

$ 405,100

320,000

405,100

249,500

Capital expenditures:

Purchases of property, plant and equipment

46,700

28,800

21,500

Depreciation & amortization expense:

Depreciation and amortization

$ 21,600

$ 23,200

$ 23,100

[1]	(b)First quarter of fiscal 2013, results were impacted by restructuring, integration and other charges of $37.4 million pre-tax, $27.1 million after tax and $0.19 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company recognized a gain on bargain purchase of $31.3 million pre- and after tax and $0.22 per share on a diluted basis related to the acquisition of Internix, Inc., and an income tax adjustment of $12.2 million primarily related to a favorable settlement of an income tax audit. Second quarter results were impacted by restructuring, integration and other charges of $24.9 million pre-tax, $19.9 million after tax and $0.14 per share on a diluted basis. The charges consisted of severance, facility exit costs fixed asset write-downs, integration costs, transaction costs, other charges, and a reversal to adjust prior year restructuring reserves. The Company recorded a net gain of $0.1 million pre- and after tax share consisting of an adjustment of $1.7 million pre-and after tax to increase the gain on bargain purchase recorded in the first quarter of 2013 offset by a loss on a divestiture related to a small business in TS Asia. The Company also recorded an income tax adjustment of $17.4 million related to a favorable audit settlement of a U.S. income tax audit for an acquired company. Third quarter results were impacted by restructuring, integration and other charges of $27.3 million pre-tax, $25.8 million after tax and $0.18 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company recorded a loss of $8.8 million in integration-related costs due to the exit of two multi-employer pension plans associated with acquired entities in Japan, a credit of $11.2 million in acquisition charges related to the reversal of an earn-out liability, and $6.6 million in other charges related to the write-down of the net assets and goodwill associated with the planned exit of a non-integrated business in the EM Americas region. The Company also recorded an income tax adjustment of $13.4 million primarily related to the increase to a valuation allowance against existing deferred tax assets and increases to tax reserves. Fourth quarter results were impacted by restructuring, integration and other charges of $59.8 million pre-tax, $43.6 million after tax and $0.31 per share on a diluted basis. These charges included severance, facility exit costs, integration costs, transaction costs, other restructuring charges and other charges related to legal claims. The Company recorded a small adjustment to the gain on bargain purchase related to the business in Japan acquired in the third quarter. The Company also recorded a net tax benefit of $34.2 million, which is comprised of (i) a tax benefit of $41.6 million for the release of valuation allowances against deferred tax assets that were determined to be realizable during the fourth quarter of fiscal 2013, (ii) a tax benefit of $6.7 million related to the release of existing reserves due to audit settlement and statute expiration, partially offset by (iii) a tax provision of $14.1 million primarily related to the establishment of tax reserves against deferred tax assets that were determined to be unrealizable during the fourth quarter of fiscal 2013.
[2]	(c)Second quarter of fiscal 2012 included restructuring, integration and other charges of $34.5 million pre-tax, $23.6 million after tax and $0.16 per share on a diluted basis. The charges consisted of severance, facility exit costs, integration costs, transaction costs, other restructuring charges, and a credit to adjust prior year restructuring reserves. The Company also recorded $1.4 million pre-tax, $0.9 million after tax and $0.01 per share on a diluted basis related to the write-down of a small investment and the write-off of deferred financing costs associated with the early retirement of a credit facility, and an income tax adjustment of $0.5 million primarily related to the combination of a favorable audit settlement and release of a valuation allowance on certain deferred tax assets which were determined to be realizable, mostly offset by changes to existing tax positions primarily for transfer pricing. Third quarter results were impacted by restructuring, integration and other charges of $18.6 million pre-tax, $13.7 million after tax and $0.10 per share on a diluted basis. The charges consisted of severance, facility exit costs, fixed asset write-downs, integration costs, transaction costs, other charges, and a reversal to adjust prior year restructuring reserves. The Company also recognized a gain on bargain purchase of $4.5 million pre- and after tax and $0.03 per share on a diluted basis related to the acquisition of Unidux Electronics Limited (Singapore), and an income tax adjustment of $5.2 million and $0.04 per share on a diluted basis related primarily to the combination of favorable audit settlements, certain reserve releases and the release of a valuation allowance on deferred tax assets which were determined to be realizable. Fourth quarter results were impacted by restructuring, integration and other charges of $20.5 million pre-tax, $15.7 million after tax and $0.11 per share on a diluted basis. These charges included severance, facility exit costs, integration costs, transaction costs, other restructuring charges and other charges related to legal claims. During the fourth quarter, the Company recognized a small adjustment to the gain on bargain purchase related to the business in Japan acquired in the third quarter; and a net tax benefit of $4.0 million and $0.03 per share on a diluted basis which is comprised of (i) a tax benefit of $26.3 million for the release of tax reserves against deferred tax assets that were determined to be realizable during the fourth quarter of fiscal 2012, partially offset by (ii) a tax provision of $22.3 million primarily related to the impact of withholding tax related to legal entity reorganizations and the establishment of tax reserves against deferred tax assets that were determined to be unrealizable during the fourth quarter of fiscal 2012.
[3]	Includes sales in the United States of $9.4 billion, $10.0 billion and $10.0 billion for fiscal 2013, 2012 and 2011, respectively.
[4]	Includes property, plant and equipment, net, of $273.4 million, $266.7 million and $231.3 million in the United States for fiscal 2013, 2012 and 2011, respectively.
[5]	Includes sales in Germany and the United Kingdom of $2.8 billion and $1.2 billion, respectively, for fiscal 2013. Includes sales in Germany and the United Kingdom of $2.6 billion and $1.4 billion, respectively, for fiscal 2012. Includes sales in Germany and the United Kingdom of $3.1 billion and $1.7 billion, respectively, for fiscal 2011.
[6]	Includes property, plant and equipment, net, of $92.7 million, $45.1 million, and $13.1 million in Germany, Belgium and the United Kingdom, respectively, for fiscal 2013. Fiscal 2012 includes property, plant and equipment, net, of $90.6 million in Germany, $26.4 million in Belgium and $17.3 million in the United Kingdom. Fiscal 2011 includes property, plant and equipment, net, of $92.8 million in Germany, $23.4 million in Belgium and $16.4 million in the United Kingdom.
[7]	Includes sales of $2.3 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2013. Includes sales of $1.9 billion, $2.3 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2012. Includes sales of $1.8 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively, for fiscal 2011.

Segment Information (Details 1) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 29, 2013

^[1]

Mar. 30, 2013

^[1]

Dec. 29, 2012

^[1]

Sep. 29, 2012

^[1]

Jun. 30, 2012

^[2]

Mar. 31, 2012

^[2]

Dec. 31, 2011

^[2]

Oct. 01, 2011

^[2]

Jun. 29, 2013

Jun. 30, 2012

Jul. 02, 2011

Company's approximate sales of major product categories

Sales

$ 6,590,700

$ 6,298,700

$ 6,699,500

$ 5,870,100

$ 6,307,400

$ 6,280,500

$ 6,693,600

$ 6,426,000

$ 25,458,924

$ 25,707,522

$ 26,534,413

Semiconductors [Member]

Company's approximate sales of major product categories

Sales

13,720,800

13,461,600

14,149,300

Computer Products [Member]

Company's approximate sales of major product categories

Sales

9,346,000

9,984,400

10,284,600

Connectors [Member]

Company's approximate sales of major product categories

Sales

687,600

667,500

1,041,400

Passives, electromechanical and other [Member]

Company's approximate sales of major product categories

Sales

$ 1,704,500

$ 1,594,000

$ 1,059,100

[1]

[2]

Segment Information (Details Textuals)
$ in Thousands

3 Months Ended

12 Months Ended

Jun. 29, 2013

USD ($)

Mar. 30, 2013

USD ($)

^[1]

Dec. 29, 2012

USD ($)

^[1]

Sep. 29, 2012

USD ($)

^[1]

Jun. 30, 2012

USD ($)

Mar. 31, 2012

USD ($)

^[2]

Dec. 31, 2011

USD ($)

^[2]

Oct. 01, 2011

USD ($)

^[2]

Jun. 29, 2013

USD ($)

segment

Jun. 30, 2012

USD ($)

Jul. 02, 2011

USD ($)

Segment Reporting Information [Line Items]

Number of Business Segments | segment

Sales

$ 6,590,700

^[1]

$ 6,298,700

$ 6,699,500

$ 5,870,100

$ 6,307,400

^[2]

$ 6,280,500

$ 6,693,600

$ 6,426,000

$ 25,458,924

$ 25,707,522

$ 26,534,413

Property, plant and equipment, net

492,606

461,230

492,606

461,230

United States [Member]

Segment Reporting Information [Line Items]

Sales

9,400,000

10,000,000

Property, plant and equipment, net

273,400

266,700

273,400

266,700

231,300

Germany [Member]

Segment Reporting Information [Line Items]

Sales

2,800,000

2,600,000

3,100,000

Property, plant and equipment, net

92,700

90,600

92,700

90,600

92,800

Belgium [Member]

Segment Reporting Information [Line Items]

Property, plant and equipment, net

45,100

26,400

45,100

26,400

23,400

United Kingdom [Member]

Segment Reporting Information [Line Items]

Sales

1,200,000

1,400,000

1,700,000

Property, plant and equipment, net

$ 13,100

$ 17,300

13,100

17,300

16,400

Taiwan [Member]

Segment Reporting Information [Line Items]

Sales

2,300,000

1,900,000

1,800,000

China [Member]

Segment Reporting Information [Line Items]

Sales

2,400,000

2,300,000

2,400,000

Singapore [Member]

Segment Reporting Information [Line Items]

Sales

1,200,000

Electronics Marketing [Member]

Segment Reporting Information [Line Items]

Sales

15,094,400

14,933,100

15,066,200

Technology Solutions [Member]

Segment Reporting Information [Line Items]

Sales

$ 10,364,500

$ 10,774,400

$ 11,468,200

[1]

[2]

Restructuring, integration and other charges (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended							12 Months Ended
	Jun. 29, 2013	Mar. 30, 2013	Dec. 29, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Charges related to the acquisition and integration activities
Pre-tax restructuring, integration and other charges	$ 59,800	$ 27,300	$ 24,900	$ 37,400	$ 20,500	$ 18,600	$ 34,500	$ 149,501	$ 73,585	$ 77,176
After tax restructuring, integration and other charges	$ 43,600	$ 25,800	$ 19,900	$ 27,100	$ 15,700	$ 13,700	$ 23,600
Restructuring , integration and other charges per share on a diluted basis	$ 0.31	$ 0.18	$ 0.14	$ 0.19	$ 0.11	$ 0.10	$ 0.16
Fiscal 2013 [Member]
Charges related to the acquisition and integration activities
Restructuring charges								120,048
Business Combination, Integration Related Costs								35,742
Acquisition costs								(3,224)
Reversal of excess prior year restructuring reserves								(3,065)
Pre-tax restructuring, integration and other charges								149,501
After tax restructuring, integration and other charges								$ 116,382
Restructuring , integration and other charges per share on a diluted basis								$ 0.83
Fiscal 2012 [Member]
Charges related to the acquisition and integration activities
Restructuring charges									50,253
Business Combination, Integration Related Costs									9,392
Acquisition costs									10,561
Reversal of excess prior year restructuring reserves									(3,286)
Prior year acquisition adjustments									6,665
Pre-tax restructuring, integration and other charges									73,585
After tax restructuring, integration and other charges									$ 52,963
Restructuring , integration and other charges per share on a diluted basis									$ 0.35
Fiscal 2011 [Member]
Charges related to the acquisition and integration activities
Restructuring charges										47,763
Business Combination, Integration Related Costs										25,068
Acquisition costs										15,597
Reversal of excess prior year restructuring reserves										(6,076)
Prior year acquisition adjustments										(5,176)
Pre-tax restructuring, integration and other charges										77,176
After tax restructuring, integration and other charges										$ 56,169
Restructuring , integration and other charges per share on a diluted basis										$ 0.36

Restructuring, integration and other charges (Details 1) $ in Thousands	12 Months Ended
	Jun. 29, 2013 USD ($)
Fiscal Year 2013 [Member]
Activity related to the restructuring reserves
Restructuring charges	$ 120,048
Cash payments	(53,467)
Non-cash write downs	(24,315)
Other, principally foreign currency translation	(431)
Balance at June 29, 2013	41,835
Fiscal Year 2013 [Member] \| Severance Reserves [Member]
Activity related to the restructuring reserves
Restructuring charges	73,337
Cash payments	(47,930)
Non-cash write downs	0
Other, principally foreign currency translation	(153)
Balance at June 29, 2013	25,254
Fiscal Year 2013 [Member] \| Facility Exit Costs [Member]
Activity related to the restructuring reserves
Restructuring charges	34,373
Cash payments	(3,421)
Non-cash write downs	(14,550)
Other, principally foreign currency translation	(191)
Balance at June 29, 2013	16,211
Fiscal Year 2013 [Member] \| Other [Member]
Activity related to the restructuring reserves
Restructuring charges	12,338
Cash payments	(2,116)
Non-cash write downs	(9,765)
Other, principally foreign currency translation	(87)
Balance at June 29, 2013	370
Fiscal Year 2012 [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	15,637
Cash payments	(11,333)
Adjustments	(2,263)
Other, principally foreign currency translation	230
Balance at June 29, 2013	2,271
Fiscal Year 2012 [Member] \| Severance Reserves [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	9,746
Cash payments	(7,899)
Adjustments	(1,091)
Other, principally foreign currency translation	183
Balance at June 29, 2013	939
Fiscal Year 2012 [Member] \| Facility Exit Costs [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	4,544
Cash payments	(2,495)
Adjustments	(1,019)
Other, principally foreign currency translation	14
Balance at June 29, 2013	1,044
Fiscal Year 2012 [Member] \| Other [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	1,347
Cash payments	(939)
Adjustments	(153)
Other, principally foreign currency translation	33
Balance at June 29, 2013	288
Fiscal 2011 And Prior [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	6,325
Cash payments	(3,049)
Adjustments	(891)
Other, principally foreign currency translation	31
Balance at June 29, 2013	2,416
Fiscal 2011 And Prior [Member] \| Severance Reserves [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	443
Cash payments	(138)
Adjustments	(158)
Other, principally foreign currency translation	20
Balance at June 29, 2013	167
Fiscal 2011 And Prior [Member] \| Facility Exit Costs [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	4,977
Cash payments	(2,791)
Adjustments	(616)
Other, principally foreign currency translation	12
Balance at June 29, 2013	1,582
Fiscal 2011 And Prior [Member] \| Other [Member]
Activity related to the restructuring reserves
Balance at June 30, 2012	905
Cash payments	(120)
Adjustments	(117)
Other, principally foreign currency translation	(1)
Balance at June 29, 2013	$ 667

Restructuring, integration and other charges (Details Textuals)	3 Months Ended	12 Months Ended
	Mar. 30, 2013 USD ($)	Jun. 29, 2013 USD ($) employees facilities	Jun. 30, 2012 USD ($) employees facilities	Jul. 02, 2011 employees facilities
Restructuring Cost and Reserve [Line Items]
Loss recognized due to write-down of net assets and goodwill	$ 6,634,000
Restructuring Integration and Other Charges (Textuals) [Abstract]
Acquisition related cost, reversal of an earn-out liability	(11,200,000)
Legal claim			$ 6,665,000
Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees		1,600
Restructuring charges		$ 120,048,000
Fiscal Year 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees			800
Fiscal Year 2011 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees				550
Number of facilities vacated \| facilities				50
Americas [Member] \| Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities		32
Americas [Member] \| Fiscal Year 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities			12
Americas [Member] \| Fiscal Year 2011 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities				23
EMEA [Member] \| Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated		26
EMEA [Member] \| Fiscal Year 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities			5
EMEA [Member] \| Fiscal Year 2011 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities				25
Asia Pacific [Member] \| Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities		11
Asia Pacific [Member] \| Fiscal Year 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities			13
Asia Pacific [Member] \| Fiscal Year 2011 [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities vacated \| facilities				2
Electronics Marketing [Member] \| Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees		1,100
Restructuring charges		$ 68,873,000
Electronics Marketing [Member] \| Fiscal Year 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees			480
Restructuring charges			$ 27,537,000
Technology Solutions [Member] \| Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees		400
Restructuring charges		$ 47,965,000
Technology Solutions [Member] \| Fiscal Year 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees			320
Restructuring charges			$ 22,716,000
Business Support [Member] \| Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Number of employee reductions under Severance charges \| employees		150
Restructuring charges		$ 3,209,000
Fiscal 2012 [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 50,253,000
Fiscal Year 2013 [Member] \| Asia Pacific [Member]
Restructuring Integration and Other Charges (Textuals) [Abstract]
Integration costs related to exit of pension plans	$ 8,789,000

Summary of quarterly results (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Jun. 29, 2013

^[1]

Mar. 30, 2013

^[1]

Dec. 29, 2012

^[1]

Sep. 29, 2012

^[1]

Jun. 30, 2012

^[2]

Mar. 31, 2012

^[2]

Dec. 31, 2011

^[2]

Oct. 01, 2011

^[2]

Jun. 29, 2013

Jun. 30, 2012

Jul. 02, 2011

Summary of quarterly results of Income

Sales

$ 6,590,700

$ 6,298,700

$ 6,699,500

$ 5,870,100

$ 6,307,400

$ 6,280,500

$ 6,693,600

$ 6,426,000

$ 25,458,924

$ 25,707,522

$ 26,534,413

Gross profit

770,900

756,000

768,500

684,400

759,000

753,800

784,100

753,600

2,979,801

3,050,557

3,107,805

Net income

$ 126,100

$ 86,200

$ 137,500

$ 100,300

$ 133,400

$ 147,600

$ 147,000

$ 139,000

$ 450,073

$ 567,019

$ 669,069

Diluted earnings per share

$ 0.91

$ 0.62

$ 0.99

$ 0.70

$ 0.91

$ 1.00

$ 0.98

$ 0.90

$ 3.21

$ 3.79

$ 4.34

[1]

[2]

- Definition

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Summary of quarterly results (unaudited) (Details Textuals) - USD ($)	3 Months Ended							6 Months Ended	12 Months Ended
	Jun. 29, 2013	Mar. 30, 2013	Dec. 29, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Dec. 29, 2012	Jun. 29, 2013	Jun. 30, 2012	Jul. 02, 2011
Summary of Quarterly Results (Textuals) [Abstract]
Pre-tax restructuring, integration and other charges	$ 59,800,000	$ 27,300,000	$ 24,900,000	$ 37,400,000	$ 20,500,000	$ 18,600,000	$ 34,500,000		$ 149,501,000	$ 73,585,000	$ 77,176,000
Restructuring, integration and other charges, after tax	$ 43,600,000	$ 25,800,000	$ 19,900,000	$ 27,100,000	$ 15,700,000	$ 13,700,000	$ 23,600,000
Restructuring, integration and other charges, per share	$ 0.31	$ 0.18	$ 0.14	$ 0.19	$ 0.11	$ 0.10	$ 0.16
Business Combination Bargain Purchase Gain Recognized Amount And Other			$ 100,000						31,011,000	2,918,000	22,715,000
Gain on bargain purchase			1,700,000	$ 31,300,000		$ 4,500,000				$ (854,000)	$ (3,857,000)
Business Acquisition Gain On Bargain Purchase Per Share On A Diluted Basis				$ 0.22		$ 0.03				$ 0.01	$ 0.02
Tax Adjustments, Settlements, and Unusual Provisions	$ 6,700,000		$ 17,400,000	$ 12,200,000				$ 33,005,000	33,182,000
Acquisition related cost, reversal of an earn-out liability		$ (11,200,000)
Impairment of Long-Lived Assets to be Disposed of		6,634,000
Income tax adjustment, increase to valuation allowance against existing deferred tax assets		13,400,000
Net tax benefit, related to release of valuation allowances determined to be realized, release of reserves due to audit settlement, and tax provision for tax reserves determined to unrealizable	34,200,000
Tax benefit release of valuation allowance against deferred tax assets	41,600,000				$ 26,300,000				$ 41,572,000
Tax provision, establishment of tax reserves against deferred tax assets determined to be unrealizable	$ 14,100,000
Loss related to the write down of investments, pre tax							$ 1,400,000
Loss related to the write down of investments, after tax							$ 900,000
Loss related to the write down of investments, per share							$ 0.01
Income tax adjustment, favorable audit settlements, reserve releases and the release of a valuation allowance on deferred tax assets						$ 5,200,000	$ 500,000
Income tax adjustment, favorable audit settlements, reserve releases and the release of a valuation allowance on deferred tax assets, per share						$ 0.04
Net tax benefit, for relase of tax reserves and tax provision related to legal entity reorganizations and tax reserve against deferred tax assets determined to be unrealizable					$ 4,000,000
Net tax benefit, relase of tax reserves and tax provision related to legal entity reorganizations and tax reserve against deferred tax assets determined to be unrealizable per share on a diluted basis					$ 0.03
Tax provision, tax withholdings, legal entity reorganizations and the establishment of tax reserves against deferred tax					$ 22,300,000
Fiscal Year 2013 [Member] \| Asia Pacific [Member]
Summary of Quarterly Results (Textuals) [Abstract]
Integration costs related to exit of pension plans		$ 8,789,000

Valuation And Qualifying Acccounts (Details) - USD ($)
$ in Thousands

12 Months Ended

Jun. 29, 2013

Jun. 30, 2012

Jul. 02, 2011

Valuation and Qualifying Accounts (Textuals) [Abstract]

Valuation allowance impacted effective tax rate

$ 31,867

$ 26,231

Impact to deferred taxes associated with the release of valuation allowance

4,812

4,554

Allowance for doubtful accounts [Member]

Movement in Valuation Allowances and Reserves [Roll Forward]

Balance at Beginnig of Period

106,319

107,739

$ 81,197

Charged to Costs and Expenses

30,802

35,632

39,255

Charged to Other Accounts - Describe

Deductions - Describe

^[1]

(41,465)

(37,052)

(12,713)

Balance at End of Period

95,656

106,319

107,739

Valuation allowance on foreign tax loss carry forwards (Note 9) [Member]

Movement in Valuation Allowances and Reserves [Roll Forward]

Balance at Beginnig of Period

244,093

310,772

331,423

Charged to Costs and Expenses

(41,572)

^[2]

(30,785)

^[3]

(76,055)

Charged to Other Accounts - Describe

28,300

^[4]

(35,894)

^[5]

55,404

^[6]

Deductions - Describe

Balance at End of Period

$ 230,821

$ 244,093

$ 310,772

[1]	Uncollectible accounts written off.
[2]	Represents a reduction primarily due to the release of valuation allowance in EMEA, of which $31,867,000 impacted the effective tax rate offset by $4,812,000 , which impacted deferred taxes associated with the release of the valuation allowance (see Note 9).
[3]	Represents a reduction primarily due to the release of valuation allowance in EMEA, of which $26,231,000 impacted the effective tax rate offset by $4,554,000 , which impacted deferred taxes associated with the release of the valuation allowance.
[4]	Primarily related to additional valuation allowances for newly acquired companies and companies with a history of losses
[5]	Primarily relates to the translation impact of changes in foreign currency exchange rates and acquired valuation allowances.
[6]	Includes the impact of deferred tax rate changes, the translation impact of changes in foreign currency exchange rates and the increase of valuation allowance against associated deferred tax benefits as it was determined the related operating tax loss carry-forward cannot be utilized.