Business Segment Information

3 Months Ended

Sep. 27, 2014

Business Segment Information [Abstract]

Business Segment Information

15.  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. and International Broadline segments located in the Bahamas, Canada, Costa Rica, Republic of Ireland and Northern Ireland.  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. 

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

	13-Week Period Ended
	Sep. 27, 2014		Sep. 28, 2013
Sales:
Broadline	$	10,223,102	$	9,546,388
SYGMA		1,541,612		1,523,190
Other		764,482		711,882
Intersegment sales		(84,115)		(67,193)
Total	$	12,445,081	$	11,714,267
	13-Week Period Ended
	Sep. 27, 2014		Sep. 28, 2013
Operating income:
Broadline	$	699,436	$	654,707
SYGMA		5,150		8,343
Other		24,665		22,542
Total segments		729,251		685,592
Corporate expenses and adjustments		(263,638)		(207,394)
Total operating income		465,613		478,198
Interest expense		30,934		30,528
Other expense (income), net		(2,188)		(4,534)
Earnings before income taxes	$	436,867	$	452,204

	Sep. 27, 2014		Jun. 28, 2014		Sep. 28, 2013
Assets:	(In thousands)
Broadline	$	9,472,211	$	8,956,911	$	8,940,734
SYGMA		519,554		513,587		490,001
Other		1,033,526		1,034,775		953,024
Total segments		11,025,291		10,505,273		10,383,759
Corporate		2,592,622		2,662,677		2,655,897
Total	$	13,617,913	$	13,167,950	$	13,039,656