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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jul. 01, 2023
Cash flows from operating activities:      
Net income $ 340.2 $ 435.9 $ 397.2
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation 455.3 355.2 315.7
Amortization of intangible assets 262.6 201.5 181.0
Amortization of deferred financing costs 12.6 10.5 10.3
Provision for losses on accounts receivables 22.7 19.8 6.0
Change in LIFO reserve 88.1 62.3 39.2
Stock compensation expense 47.8 41.9 43.4
Deferred income tax (expense) benefit (0.2) 10.7 20.0
Loss on extinguishment of debt 0.0 0.9 0.0
Change in fair value of derivative assets and liabilities (0.8) (4.1) 19.0
Other non-cash activities 2.5 (2.4) 9.0
Changes in operating assets and liabilities, net      
Accounts receivable (151.9) (81.1) (95.6)
Inventories (337.9) 37.7 56.9
Income taxes receivable (17.5) (29.9) (11.0)
Prepaid expenses and other assets 56.6 (95.8) (3.2)
Trade accounts payable and outstanding checks in excess of deposits 372.7 124.0 (164.6)
Accrued expenses and other liabilities 57.3 75.9 8.8
Net cash provided by operating activities 1,210.1 1,163.0 832.1
Cash flows from investing activities:      
Purchases of property, plant and equipment (506.0) (395.6) (269.7)
Net cash paid for acquisitions (2,596.4) (307.7) (63.8)
Proceeds from sale of property, plant and equipment and other 13.4 20.6 38.9
Net cash used in investing activities (3,089.0) (682.7) (294.6)
Cash flows from financing activities:      
Net borrowings (payments) under ABL Facility 1,194.2 6.8 (454.4)
Cash paid for debt issuance, extinguishment and modifications (34.2) 0.0 0.0
Payments under finance lease obligations (188.0) (122.2) (88.5)
Net cash paid for acquisitions (1.5) 0.0 0.0
Proceeds from employee stock purchase plan 32.7 15.5 27.7
Proceeds from exercise of stock options 11.1 2.2 3.1
Cash paid for shares withheld to cover taxes (18.8) (21.5) (12.6)
Repurchases of common stock (57.6) (78.1) (11.2)
Other financing activities 0.0 (0.3) (0.3)
Net cash provided by (used in) financing activities 1,937.9 (472.6) (536.2)
Net increase in cash and restricted cash 59.0 7.7 1.3
Cash and restricted cash, beginning of period 27.7 20.0 18.7
Cash and restricted cash, end of period 86.7 27.7 20.0
Interest net of amounts capitalized 344.4 242.1 218.5
Income tax payments net of refunds 129.7 177.1 134.1
6.875% Senior Notes due 2025 [Member]      
Cash flows from financing activities:      
Repayment of Notes 0.0 (275.0) 0.0
6.125% Notes due 2032 [Member]      
Cash flows from financing activities:      
Borrowing of Notes due 2029 $ 1,000.0 $ 0.0 $ 0.0