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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Oct. 03, 2026
Sep. 27, 2025
Cash flows from operating activities:    
Net income $ 282,172 $ 51,745
Non-cash and other reconciling items:    
Depreciation, Depletion and Amortization, Nonproduction 19,249 16,839
Amortization of Operating Lease Assets 16,860 13,934
Deferred income taxes 13,700 (5,983)
Stock-based compensation 18,888 9,724
Other, net 7,016 (13,324)
Changes in (net of effects from businesses acquired and divested):    
Receivables (893,321) (192,583)
Inventories (2,121,749) (216,326)
Accounts payable 1,810,176 218,297
Accrued expenses and other, net 4,601 (26,907)
Net cash flows used for operating activities (842,408) (144,584)
Cash flows from financing activities:    
Issuance of convertible notes, net of issuance costs 545,551 633,750
Repayments under accounts receivable securitization, net (474,600) (299,400)
Borrowings (repayments) under senior unsecured credit facility, net 648,897 (290,861)
Borrowings (repayments) under bank credit facilities and other debt, net (27,686) 10,352
Borrowings of term loans 375,000 266,932
Repayments of term loans (88,946)  
Repurchases of common stock   (138,308)
Dividends paid on common stock (30,424) (28,464)
Other, net 2,979 1,137
Net cash flows provided by financing activities 950,771 155,138
Cash flows from investing activities:    
Purchases of property, plant and equipment (24,262) (24,589)
Other, net 822 80
Net cash flows used for investing activities (23,440) (24,509)
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation (3,539) (3,008)
Cash and cash equivalents:    
Increase (Decrease) 81,384 (16,963)
Cash and cash equivalents at beginning of year 155,396 192,428
Cash and cash equivalents at end of year $ 236,780 $ 175,465