Business Segment Information

3 Months Ended

Sep. 26, 2015

Segment Reporting [Abstract]

Business Segment Information

BUSINESS SEGMENT INFORMATION

The company has aggregated certain of its operating companies into two reporting segments, Broadline and SYGMA in accordance with 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 and 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.  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, custom-cut meat operations, lodging industry segments, a company that distributes specialty imported products,  a company that distributes to international customers and the company’s Sysco Ventures platform, which includes a suite of technology solutions that help support the business needs of Sysco’s customers.  In fiscal 2015, our leadership structure was realigned and now our custom-cut meat operations no longer report through our U.S. Broadline leadership. As a result, these operations are no longer included in our Broadline segment and are now reported in "Other." Prior year amounts have been reclassified to conform to the current year presentation.

The accounting policies for the segments are the same as those disclosed by Sysco for its consolidated financial statements.  Intersegment sales primarily represent products the Broadline and SYGMA operating companies procured from the specialty produce, custom-cut meat operations, imported specialty products and a company that distributes to international customers. 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. 

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

	13-Week Period Ended
	Sep. 26, 2015			Sep. 27, 2014
Sales:	(In thousands)
Broadline	$	10,028,096		$	9,971,375
SYGMA	1,445,904			1,541,612
Other	1,446,938			1,252,086
Intersegment sales	(358,327		)	(319,992		)
Total	$	12,562,611		$	12,445,081
	13-Week Period Ended
	Sep. 26, 2015			Sep. 27, 2014
Operating income:	(In thousands)
Broadline	$	726,965		$	686,482
SYGMA	5,224			5,150
Other	26,508			37,729
Total segments	758,697			729,361
Corporate expenses	(265,223		)	(263,748		)
Total operating income	493,474			465,613
Interest expense	126,907			30,934
Other expense (income), net	(15,240		)	(2,188		)
Earnings before income taxes	$	381,807		$	436,867

	Sep. 26, 2015		Jun. 27, 2015		Sep. 27, 2014
Assets:	(In thousands)
Broadline	$	7,989,108	$	7,730,239	$	8,861,929
SYGMA	508,403		512,044		519,554
Other	1,515,458		1,415,038		1,643,808
Total segments	10,012,969		9,657,321		11,025,291
Corporate	3,358,582		8,331,960		2,568,742
Total	$	13,371,551	$	17,989,281	$	13,594,033