Working capital (Tables)

12 Months Ended

Jun. 29, 2024

Working capital

Schedule of receivables and allowance for credit losses

Receivables

The Company’s receivables and allowance for credit losses were as follows:

	June 29,		July 1,
	2024		2023
	(Thousands)
Receivables	$	4,499,691	$	4,876,631
Allowance for Credit Losses	$	(108,504)	$	(112,843)

The Company had the following activity in the allowance for credit losses during fiscal 2024 and fiscal 2023:

	June 29,		July 1,
	2024		2023
	(Thousands)
Balance at beginning of the period	$	112,843	$	113,902
Credit Loss Provisions		12,570		16,798
Credit Loss Recoveries		(1,584)		(931)
Receivables Write Offs		(14,060)		(18,552)
Foreign Currency Effect and Other		(1,265)		1,626
Balance at end of the period	$	108,504	$	112,843