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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2025
Dec. 28, 2024
Jun. 29, 2024
Current assets:      
Cash $ 10.2   $ 20.0
Accounts receivable, less allowances of $70.4 and $55.2 2,690.3   2,478.9
Inventories, net 3,716.6   3,314.7
Income taxes receivable 128.4   71.6
Prepaid expenses and other current assets 243.3   268.1
Total current assets 6,788.8   6,153.3
Goodwill 3,455.2   2,418.3
Other intangible assets, net 1,747.7   971.1
Property, plant and equipment, net 4,002.6   2,788.5
Operating lease right-of-use assets 958.3   875.5
Other assets 170.8   186.2
Total assets 17,123.4   13,392.9
Current liabilities:      
Trade accounts payable and outstanding checks in excess of deposits 3,054.8   2,594.4
Accrued expenses and other current liabilities 838.6   908.3
Finance lease obligations—current installments 209.1   147.2
Operating lease obligations—current installments 104.6   108.2
Total current liabilities 4,207.1   3,758.1
Long-term debt 5,422.7   3,198.5
Deferred income tax liability, net 883.3   497.9
Finance lease obligations, excluding current installments 1,035.7   703.2
Operating lease obligations, excluding current installments 922.8   819.3
Other long-term liabilities 314.3   289.0
Total liabilities 12,785.9   9,266.0
Commitments and contingencies (Note 10)  
Shareholders’ equity:      
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 154.9 million shares issued and outstanding as of March 29, 2025; 154.2 million shares issued and outstanding as of June 29, 2024 1.5   1.5
Additional paid-in capital 2,829.3   2,818.5
Accumulated other comprehensive (loss) income, net of tax benefit (expense) of $1.4 and ($1.5) (4.9)   4.0
Retained earnings 1,511.6   1,302.9
Total shareholders’ equity 4,337.5 $ 4,257.2 4,126.9
Total liabilities and shareholders’ equity $ 17,123.4   $ 13,392.9