Acquisitions (Tables)

12 Months Ended

Jul. 01, 2017

Acquisitions

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

	Preliminary Acquisition Method Values
	(Thousands)
Cash	$	46,354
Trade and other receivables, net		187,303
Inventories		328,037
Property, plant and equipment		52,621
Intangible assets		295,112
Total identifiable assets acquired	$	909,427
Accounts payable, accrued liabilities and other current liabilities	$	160,724
Short-term debt		242,814
Other long-term liabilities		140,431
Total identifiable liabilities acquired	$	543,969
Net identifiable assets acquired		365,458
Goodwill		475,862
Net assets acquired	$	841,320

Schedule of pro forma and historical results

	Years Ended
	July 1,		July 2,
	2017		2016
	(Millions, except per share data)
Pro forma sales (unaudited)	$	17,818	$	18,102
Pro forma net income (unaudited)		297		398
Pro forma net income per fully diluted share (unaudited)		2.31		2.99