2.4.0.81020 - Disclosure - Retirement and Deferred Compensation Planstruefalsefalse1falsefalsefalseeol_PE5807----1310-K0007_STD_371_20130630_0http://www.sec.gov/CIK0000707549duration2012-06-25T00:00:002013-06-30T00:00:001false4us-gaap_CompensationAndEmployeeBenefitPlansTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div>
<p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><b>Note 12: Retirement and
Deferred Compensation Plans</b></font></p>
<p style="margin-top:6px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><i>Employee Savings and
Retirement Plan</i></font></p>
<p style="margin-top:6px;margin-bottom:0px; text-indent:4%">
<font style="font-family:Times New Roman" size="2">The Company
maintains a 401(k) retirement savings plan for its full-time
employees in North America. Each participant in the plan may elect
to contribute from 1% to 75% of annual eligible earnings to the
plan, subject to statutory limitations. The Company makes matching
employee contributions in cash to the plan at the rate of 50% of
the first 6% of earnings contributed. Employees participating in
the 401(k) retirement savings plan are fully vested in the Company
matching contributions, and investments are directed by
participants. The Company made matching contributions of $8.7
million, $5.8 million, and $5.1 million, in fiscal years 2013,
2012, and 2011, respectively.</font></p>
<p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><i>Deferred Compensation
Arrangements</i></font></p>
<p style="margin-top:6px;margin-bottom:0px; text-indent:4%">
<font style="font-family:Times New Roman" size="2">The Company has
an unfunded, non-qualified deferred compensation plan whereby
certain executives may defer a portion of their compensation.
Participants earn a return on their deferred compensation based on
their allocation of their account balance among measurement funds.
The Company controls the investment of these funds and the
participants remain general creditors of the Company. Participants
are able to elect the payment of benefits on a specified date at
least three years after the opening of a deferral subaccount or
upon retirement. Distributions are made in the form of lump sum or
annual installments over a period of up to 20 years as elected by
the participant. If no alternate election has been made, a lump sum
payment will be made upon termination of a participant’s
employment with the Company. As of June 30, 2013 and
June 24, 2012 the liability of the Company to the plan
participants was $79.7 million and $79.0 million, respectively,
which was recorded in accrued expenses and other current
liabilities on the Consolidated Balance Sheets. As of June 30,
2013 and June 24, 2012 the Company had investments in the
aggregate amount of $98.1 million and $83.2 million respectively
that correlate to the deferred compensation obligations, which were
recorded in other assets on the Consolidated Balance
Sheets.</font></p>
<p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><i>Postretirement Healthcare
Plan</i></font></p>
<p style="margin-top:6px;margin-bottom:0px; text-indent:4%">
<font style="font-family:Times New Roman" size="2">The Company
maintains a postretirement healthcare plan for certain executive
and director retirees. Coverage continues through the duration of
the lifetime of the retiree or the retiree’s spouse,
whichever is longer. The benefit obligation was $21.4 million and
$19.8 million as of June 30, 2013 and June 24, 2012,
respectively.</font></p>
</div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans.No definition available.false0falseRetirement and Deferred Compensation PlansUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.lamresearch.com/taxonomy/role/NotesToFinancialStatementsCompensationAndEmployeeBenefitPlansTextBlock11
