Valuation And Qualifying Accounts K

12 Months Ended

Jun. 28, 2025

Valuation and Qualifying Accounts

Valuation and Qualifying Accounts

SCHEDULE II

AVNET, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

Years Ended June 28, 2025, June 29, 2024, and July 1, 2023

	Balance at		Charged to			Charged to						Balance at
	Beginning of		Expense			Other						End of
Account Description	Period		(Income)			Accounts			Deductions			Period
	(Thousands)
Fiscal 2025
Allowance for credit losses	$	108,504	$	3,503		$	—		$	(3,812)	(a)	$	108,195
Valuation allowance on tax loss carry-forwards		216,179		22,238	(b)		15,201	(c)		—			253,618
Fiscal 2024
Allowance for credit losses		112,843		12,570			—			(16,909)	(a)		108,504
Valuation allowance on tax loss carry-forwards		207,744		10,462	(d)		(2,027)	(c)		—			216,179
Fiscal 2023
Allowance for credit losses		113,902		16,798			—			(17,857)	(a)		112,843
Valuation allowance on tax loss carry-forwards		207,889		4,530	(b)		(4,675)	(c)		—			207,744

(a) Primarily represents uncollectible receivables written off and the impact of changes in foreign currency rates during the fiscal year.

(b) Primarily represents impact of true ups related to prior years.

(c) Primarily related to impact of foreign currency exchange on valuation allowances.

(d) Primarily represents impact of current year activities.