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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 29, 2018
Jun. 30, 2018
Current assets:    
Cash $ 8.6 $ 7.5
Accounts receivable, less allowances of $22.0 and $19.3 1,068.8 1,065.6
Inventories, net 1,115.5 1,051.9
Prepaid expenses and other current assets 70.2 78.5
Total current assets 2,263.1 2,203.5
Goodwill 746.6 740.5
Other intangible assets, net 197.8 193.8
Property, plant and equipment, net 809.4 795.5
Restricted cash 10.5 10.3
Other assets 59.5 57.3
Total assets 4,086.9 4,000.9
Current liabilities:    
Outstanding checks in excess of deposits 184.4 260.8
Trade accounts payable 1,042.3 973.0
Accrued expenses and other current liabilities 238.4 227.8
Capital lease obligations—current installments 9.6 8.4
Total current liabilities 1,474.7 1,470.0
Long-term debt 1,159.8 1,123.0
Deferred income tax liability, net 103.5 106.3
Capital lease obligations, excluding current installments 64.2 52.8
Other long-term liabilities 119.4 113.5
Total liabilities 2,921.6 2,865.6
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Common Stock: $0.01 par value per share, 1.0 billion shares authorized, 103.6 million shares issued and outstanding as of September 29, 2018; 1.0 billion shares authorized, 103.2 million shares issued and outstanding as of June 30, 2018 1.0 1.0
Additional paid-in capital 862.7 861.2
Accumulated other comprehensive income, net of tax expense of $3.0 and $2.9 9.5 8.3
Retained earnings 292.1 264.8
Total shareholders’ equity 1,165.3 1,135.3
Total liabilities and shareholders’ equity $ 4,086.9 $ 4,000.9