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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 02, 2016
Jun. 27, 2015
Current assets:    
Cash and cash equivalents $ 916,088 $ 932,553
Receivables, less allowances of $69,247 and $80,721, respectively 5,395,005 5,054,307
Inventories 2,650,220 2,482,183
Prepaid and other current assets 181,074 173,030
Total current assets 9,142,387 8,642,073
Property, plant and equipment, net 587,216 568,779
Goodwill 1,283,408 1,278,756
Intangible assets, net 91,371 99,731
Other assets 197,970 210,614
Total assets 11,302,352 10,799,953
Current liabilities:    
Short-term debt 1,136,218 331,115
Accounts payable 3,628,073 3,338,052
Accrued expenses and other 599,007 603,129
Total current liabilities 5,363,298 4,272,296
Long-term debt 1,072,188 1,646,501
Other liabilities 192,864 196,135
Total liabilities $ 6,628,350 $ 6,114,932
Commitments and contingencies (Note 6)
Shareholders’ equity:    
Common stock $1.00 par; authorized 300,000,000 shares; issued 131,327,636 and 135,496,472 shares, respectively $ 131,328 $ 135,496
Additional paid-in capital 1,445,494 1,408,422
Retained earnings 3,643,248 3,582,599
Accumulated other comprehensive loss (545,699) (441,038)
Treasury stock at cost, 29,852 and 31,901 shares, respectively (369) (458)
Total shareholders’ equity 4,674,002 4,685,021
Total liabilities and shareholders’ equity $ 11,302,352 $ 10,799,953