Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 01, 2017	Jul. 02, 2016
Current assets:
Cash and cash equivalents	$ 836,384	$ 1,031,478
Marketable securities	281,326
Receivables, less allowances of $47,272 and $27,448, respectively	3,337,624	2,769,906
Inventories	2,824,709	2,559,921
Prepaid and other current assets	253,765	73,786
Current assets of discontinued operations		2,568,882
Total current assets	7,533,808	9,003,973
Property, plant and equipment, net	519,575	453,209
Goodwill	1,148,347	621,852
Intangible assets, net	277,291	22,571
Other assets	220,568	239,133
Non-current assets of discontinued operations		899,067
Total assets	9,699,589	11,239,805
Current liabilities:
Short-term debt	50,113	1,152,599
Accounts payable	1,861,635	1,590,777
Accrued expenses and other	542,023	394,888
Current liabilities of discontinued operations		1,804,229
Total current liabilities	2,453,771	4,942,493
Long-term debt	1,729,212	1,339,204
Other liabilities	334,538	223,053
Non-current liabilities of discontinued operations		43,769
Total liabilities	4,517,521	6,548,519
Commitments and contingencies (Note 12 and Note 14)
Shareholders' equity:
Common stock $1.00 par; authorized 300,000,000 shares; issued 123,080,952 shares and 127,377,466 shares, respectively	123,081	127,377
Additional paid-in capital	1,503,490	1,452,413
Retained earnings	3,799,363	3,632,271
Accumulated other comprehensive loss	(243,866)	(520,775)
Total shareholders' equity	5,182,068	4,691,286
Total liabilities and shareholders' equity	$ 9,699,589	$ 11,239,805