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## NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 

## AVNET, INC. AND SUBSIDIARIES 

equivalent) practical expedient and are not included in the three levels of the fair value hierarchy. 

The following table sets forth the fair value of the Plan’s investments as of June 29, 2019: 

<img src='content_image/1047749.jpg'>

Each of these investments may be redeemed without restrictions in the normal course of business and there were no material unfunded commitments as of June 27, 2020. 

## 11. Leases 

The components of lease cost related to the Company’s operating leases were as follows (in thousands): 

<img src='content_image/1047748.jpg'>

