Business Segment Information

3 Months Ended

Sep. 28, 2013

Business Segment Information [Abstract]

Business Segment Information

14.  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 U.S., Canadian, Caribbean 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, hospitals, schools, hotels, industrial caterers and other venues where foodservice products are served.  These companies 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,   a company that distributes to international customers and the company’s Sysco Ventures platform, a suite of technology solutions that help support the business needs of Sysco’s 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 and adjustments 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
	Sep. 28, 2013		Sep. 29, 2012
Sales:	(In thousands)
Broadline	$	9,546,388	$	9,057,664
SYGMA		1,523,190		1,420,755
Other		711,882		660,601
Intersegment sales		(67,193)		(52,104)
Total	$	11,714,267	$	11,086,916
	13-Week Period Ended
	Sep. 28, 2013		Sep. 29, 2012
Operating income:	(In thousands)
Broadline	$	654,707	$	642,836
SYGMA		8,343		12,085
Other		22,542		22,359
Total segments		685,592		677,280
Corporate expenses and adjustments		(207,394)		(198,498)
Total operating income		478,198		478,782
Interest expense		30,528		30,868
Other expense (income), net		(4,534)		(2,477)
Earnings before income taxes	$	452,204	$	450,391

	Sep. 28, 2013		Jun. 29, 2013		Sep. 29, 2012
Assets:	(In thousands)
Broadline	$	8,940,734	$	10,228,722	$	8,615,783
SYGMA		490,001		485,520		467,855
Other		953,024		944,140		910,434
Total segments		10,383,759		11,658,382		9,994,072
Corporate		2,641,636		1,005,565		2,535,996
Total	$	13,025,395	$	12,663,947	$	12,530,068