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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Interest Rate Swaps [Member]
Change in Accounting Principle [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Change in Accounting Principle [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Interest Rate Swaps [Member]
Retained Earnings [Member]
Balance Beginning at Jul. 03, 2021 $ 2,106.1     $ 1.3 $ 1,752.8   $ (5.3)   $ 357.3
Balance Beginning, shares at Jul. 03, 2021       132,500,000          
Net Income (Loss) 112.5               112.5
Interest rate swaps 16.7 $ 18.0           $ 18.0  
Foreign currency translation adjustment (1.3)           (1.3)    
Issuance of common stock under stock-based compensation plans (8.7)       (8.7)        
Issuance of common stock under stock-based compensation plans, shares       700,000          
Issuance of common stock under employee stock purchase plan 24.6       24.6        
Issuance of common stock under employee stock purchase plan, shares       500,000          
Conversion of Core-Mark shares of common stock 998.8     $ 0.2 998.6        
Conversion of Core-Mark shares of common stock, shares       19,900,000          
Conversion of Core-Mark stock-based compensation [1]     $ 9.2     $ 9.2      
Stock-based compensation expense 40.3       40.3        
Balance Ending at Jul. 02, 2022 3,299.5     $ 1.5 2,816.8   11.4   469.8
Balance Ending, shares at Jul. 02, 2022       153,600,000          
Net Income (Loss) 397.2               397.2
Interest rate swaps 2.6 3.4           3.4  
Foreign currency translation adjustment (0.8)           (0.8)    
Issuance of common stock under stock-based compensation plans (9.5)       (9.5)        
Issuance of common stock under stock-based compensation plans, shares       600,000          
Issuance of common stock under employee stock purchase plan 27.7       27.7        
Issuance of common stock under employee stock purchase plan, shares       500,000          
Common stock repurchased (11.2)     $ (11.2) (11.2)        
Common stock repurchased, shares       (200,000)          
Stock-based compensation expense 39.2       39.2        
Balance Ending at Jul. 01, 2023 $ 3,745.5     $ 1.5 2,863.0   14.0   867.0
Balance Ending, shares at Jul. 01, 2023 154,500,000     154,500,000          
Net Income (Loss) $ 435.9               435.9
Interest rate swaps (10.0) $ (8.6)           $ (8.6)  
Foreign currency translation adjustment (1.4)           (1.4)    
Issuance of common stock under stock-based compensation plans (19.3)       (19.3)        
Issuance of common stock under stock-based compensation plans, shares       800,000          
Issuance of common stock under employee stock purchase plan 15.5       15.5        
Issuance of common stock under employee stock purchase plan, shares       200,000          
Common stock repurchased (78.1)     $ (78.1) (78.1)        
Common stock repurchased, shares       (1,300,000)          
Stock-based compensation expense 37.4       37.4        
Balance Ending at Jun. 29, 2024 $ 4,126.9     $ 1.5 $ 2,818.5   $ 4.0   $ 1,302.9
Balance Ending, shares at Jun. 29, 2024 154,200,000     154,200,000          
[1]

(1) Represents the portion of replacement stock-based compensation awards that relates to pre-combination vesting.