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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Cash flows from operating activities:    
Net income $ 146,209 $ 327,199
Non-cash and other reconciling items:    
Depreciation, Depletion and Amortization, Nonproduction 36,912 42,727
Amortization of Operating Lease Assets 27,345 26,205
Deferred income taxes (40,713) 12,599
Stock-based compensation 20,986 19,951
Other, net 20,958 27,181
Changes in (net of effects from businesses acquired and divested):    
Receivables (59,604) 287,320
Inventories 162,328 (610,008)
Accounts payable 312,861 (78,082)
Accrued expenses and other, net (183,130) (138,667)
Net cash flows provided by (used for) operating activities 444,152 (83,575)
Cash flows from financing activities:    
Borrowings under accounts receivable securitization, net 84,900 58,600
(Repayments) borrowings under senior unsecured credit facility, net (321,769) 272,747
(Repayments) borrowings under bank credit facilities and other debt, net (70,793) 30,752
Repurchases of common stock (152,199) (86,027)
Dividends paid on common stock (57,420) (56,138)
Other, net 4,534 2,665
Net cash flows (used for) provided by financing activities (512,747) 222,599
Cash flows from investing activities:    
Purchases of property, plant and equipment (61,135) (158,088)
Other, net 347 373
Net cash flows used for investing activities (60,788) (157,715)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations (9,422) 3,311
Cash and cash equivalents:    
decrease (138,805) (15,380)
Cash and cash equivalents at beginning of year 310,941 288,230
Cash and cash equivalents at end of year $ 172,136 $ 272,850