Business Segment Information

3 Months Ended

Sep. 29, 2012

Business Segment Information [Abstract]

Business Segment Information

13.  BUSINESS SEGMENT INFORMATION

The company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are reportable segments as defined in the accounting literature related to disclosures about segments of an enterprise.The Broadline reportable segment is an aggregation of the company’s United States, Canadian and European Broadline segments.  Broadline operating companies distribute a full line of food products and a wide variety of non-food products to both traditional and chain restaurant customers and also provide custom-cut meat operations.  SYGMA operating companies distribute a full line of food products and a wide variety of non-food products to certain chain restaurant customer locations.  "Other" financial information is attributable to the company's other operating segments, including the company's specialty produce and lodging industry segments, a company that distributes specialty imported products and a company that distributes to international customers. 

The accounting policies for the segments are the same as those disclosed by Sysco for its consolidated financial statements.  Intersegment sales represent specialty produce and imported specialty products distributed by the Broadline and SYGMA operating companies. Management evaluates the performance of each of the operating segments based on its respective operating income results.  Corporate expenses generally include all expenses of the corporate office and Sysco’s shared service center.  These also include all share-based compensation costs and expenses related to the company’s Business Transformation Project. 

The following tables set forth certain financial information for Sysco’s business segments:

	13-Week Period Ended
	Sept. 29, 2012		Oct. 1, 2011
Sales:	(In thousands)
Broadline	$	9,057,664	$	8,658,521
SYGMA		1,420,755		1,384,469
Other		660,601		588,561
Intersegment sales		(52,104)		(45,161)
Total	$	11,086,916	$	10,586,390
	13-Week Period Ended
	Sept. 29, 2012		Oct. 1, 2011
Operating income:	(In thousands)
Broadline	$	642,836	$	624,115
SYGMA		12,085		15,691
Other		22,359		24,485
Total segments		677,280		664,291
Corporate expenses		(198,498)		(154,951)
Total operating income		478,782		509,340
Interest expense		30,868		29,474
Other expense (income), net		(2,477)		250
Earnings before income taxes	$	450,391	$	479,616

	Sept. 29, 2012		Jun. 30, 2012		Oct. 1, 2011
Assets:	(In thousands)
Broadline	$	8,573,548	$	8,025,677	$	7,482,833
SYGMA		467,855		475,877		448,525
Other		910,434		877,207		826,334
Total segments		9,951,837		9,378,761		8,757,692
Corporate		2,535,996		2,716,211		2,689,171
Total	$	12,487,833	$	12,094,972	$	11,446,863