XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2020
Jun. 29, 2019
Current assets:    
Cash and cash equivalents $ 477,038 $ 546,105
Receivables, less allowances of $59,018 and $53,499, respectively 2,928,386 3,168,369
Inventories 2,731,988 3,008,424
Prepaid and other current assets 191,394 153,438
Total current assets 6,328,806 6,876,336
Property, plant and equipment, net 404,607 452,171
Goodwill 773,734 876,728
Intangible assets, net 65,437 143,520
Operating lease assets (Note 11) 275,917  
Other assets 256,696 215,801
Total assets 8,105,197 8,564,556
Current liabilities:    
Short-term debt 51 300,538
Accounts payable 1,754,078 1,864,342
Accrued expenses and other 472,924 413,696
Short-term operating lease liabilities (Note 11) 53,313  
Total current liabilities 2,280,366 2,578,576
Long-term debt 1,424,791 1,419,922
Long-term operating lease liabilities (Note 11) 253,719  
Other liabilities 419,923 425,585
Total liabilities 4,378,799 4,424,083
Commitments and contingencies (Note 13)
Shareholders' equity:    
Common stock $1.00 par; authorized 300,000,000 shares; issued 98,792,542 shares and 104,037,769 shares, respectively 98,793 104,038
Additional paid-in capital 1,594,140 1,573,005
Retained earnings 2,421,845 2,767,469
Accumulated other comprehensive loss (388,380) (304,039)
Total shareholders' equity 3,726,398 4,140,473
Total liabilities and shareholders' equity $ 8,105,197 $ 8,564,556