Supplemental Guarantor Information - Subsidiary Guarantees (Tables)

6 Months Ended

Dec. 26, 2015

Supplemental Guarantor Information - Subsidiary Guarantees [Abstract]

Condensed consolidating balance sheet table

	Condensed Consolidating Balance Sheet
	Dec. 26, 2015
	Sysco		Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Current assets	$	279,596	$	3,944,472		$	2,554,958		$	—		$	6,779,026
Investment in subsidiaries	9,787,777		241,561			(355,335		)	(9,674,003		)	—
Plant and equipment,  net	501,514		1,632,601			1,802,497			—			3,936,612
Other assets	258,216		273,324			1,842,290			—			2,373,830
Total assets	$	10,827,103	$	6,091,958		$	5,844,410		$	(9,674,003	)	$	13,089,468
Current liabilities	$	602,058	$	731,474		$	2,538,682		$	—		$	3,872,214
Intercompany payables (receivables)	1,576,888		(2,274,556		)	697,668			—			—
Long-term debt	4,079,396		9,350			177,111			—			4,265,857
Other liabilities	672,888		278,590			12,999			—			964,477
Noncontrolling interest	—		—			45,493			—			45,493
Shareholders’ equity	3,895,873		7,347,100			2,372,457			(9,674,003		)	3,941,427
Total liabilities and  shareholders’ equity	$	10,827,103	$	6,091,958		$	5,844,410		$	(9,674,003	)	$	13,089,468

	Condensed Consolidating Balance Sheet
	Jun. 27, 2015
	Sysco		Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries		Eliminations			Consolidated Totals
	(In thousands)
Current assets	$	4,894,387	$	4,012,924		$	2,586,993	$	—		$	11,494,304
Investment in subsidiaries	9,088,455		—			—		(9,088,455		)	—
Plant and equipment,  net	510,285		1,694,659			1,777,199		—			3,982,143
Other assets	371,802		522,566			1,618,466		—			2,512,834
Total assets	$	14,864,929	$	6,230,149		$	5,982,658	$	(9,088,455	)	$	17,989,281
Current liabilities	$	5,851,364	$	1,658,558		$	1,889,693	$	—		$	9,399,615
Intercompany payables (receivables)	973,497		(1,996,915		)	1,023,418		—			—
Long-term debt	2,154,923		10,121			106,781		—			2,271,825
Other liabilities	624,795		278,458			113,060		—			1,016,313
Noncontrolling interest	—		—			41,304		—			41,304
Shareholders’ equity	5,260,350		6,279,927			2,808,402		(9,088,455		)	5,260,224
Total liabilities and  shareholders’ equity	$	14,864,929	$	6,230,149		$	5,982,658	$	(9,088,455	)	$	17,989,281

	Condensed Consolidating Balance Sheet
	Dec. 27, 2014
	Sysco		Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries		Eliminations			Consolidated Totals
	(In thousands)
Current assets	$	4,779,586	$	4,057,608		$	2,619,710	$	—		$	11,456,904
Investment in subsidiaries	8,613,500		—			—		(8,613,500		)	—
Plant and equipment,  net	491,972		1,736,843			1,774,117		—			4,002,932
Other assets	324,771		520,178			1,625,024		—			2,469,973
Total assets	$	14,209,829	$	6,314,629		$	6,018,851	$	(8,613,500	)	$	17,929,809
Current liabilities	$	848,885	$	910,487		$	2,526,581	$	—		$	4,285,953
Intercompany payables (receivables)	258,923		(759,128		)	500,205		—			—
Long-term debt	7,127,186		17,550			63,516		—			7,208,252
Other liabilities	631,875		321,406			104,421		—			1,057,702
Noncontrolling interest	—		—			34,942		—			34,942
Shareholders’ equity	5,342,960		5,824,314			2,789,186		(8,613,500		)	5,342,960
Total liabilities and  shareholders’ equity	$	14,209,829	$	6,314,629		$	6,018,851	$	(8,613,500	)	$	17,929,809

Condensed consolidating statement of comprehensive income table

	Condensed Consolidating Statement of Comprehensive Income
	For the 13-Week Period Ended Dec. 26, 2015
	Sysco			Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Sales	$	—		$	8,199,071		$	4,392,744		$	(438,189	)	$	12,153,626
Cost of sales	—			6,670,025			3,764,976			(438,189		)	9,996,812
Gross profit	—			1,529,046			627,768			—			2,156,814
Operating expenses	206,476			939,213			578,542			—			1,724,231
Operating income (loss)	(206,476		)	589,833			49,226			—			432,583
Interest expense (income)	70,318			(40,019		)	16,936			—			47,235
Other expense (income), net	(4,836		)	(352		)	(2,576		)	—			(7,764		)
Earnings (losses) before income taxes	(271,958		)	630,204			34,866			—			393,112
Income tax (benefit) provision	(81,472		)	191,274			10,911			—			120,713
Equity in earnings of subsidiaries	462,885			—			—			(462,885		)	—
Net earnings	272,399			438,930			23,955			(462,885		)	272,399
Other comprehensive income (loss)	(37,638		)	—			(44,664		)	44,664			(37,638		)
Comprehensive income	$	234,761		$	438,930		$	(20,709	)	$	(418,221	)	$	234,761

	Condensed Consolidating Statement of Comprehensive Income
	For the 13-Week Period Ended Dec. 27, 2014
	Sysco			Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Sales	$	—		$	8,027,990		$	4,407,159		$	(348,075	)	$	12,087,074
Cost of sales	—			6,574,759			3,775,253			(348,075		)	10,001,937
Gross profit	—			1,453,231			631,906			—			2,085,137
Operating expenses	256,612			913,137			599,942			—			1,769,691
Operating income (loss)	(256,612		)	540,094			31,964			—			315,446
Interest expense (income)	94,229			(24,501		)	7,314			—			77,042
Other expense (income), net	1,922			(365		)	650			—			2,207
Earnings (losses) before income taxes	(352,763		)	564,960			24,000			—			236,197
Income tax (benefit) provision	(121,267		)	191,470			8,015			—			78,218
Equity in earnings of subsidiaries	389,475			—			—			(389,475		)	—
Net earnings	157,979			373,490			15,985			(389,475		)	157,979
Other comprehensive income (loss)	(85,484		)	—			(91,853		)	91,853			(85,484		)
Comprehensive income	$	72,495		$	373,490		$	(75,868	)	$	(297,622	)	$	72,495

	Condensed Consolidating Statement of Comprehensive Income
	For the 26-Week Period Ended Dec. 26, 2015
	Sysco			Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Sales	$	—		$	16,723,622		$	8,819,741		$	(827,126	)	$	24,716,237
Cost of sales	—			13,582,194			7,566,360			(827,126		)	20,321,428
Gross profit	—			3,141,428			1,253,381			—			4,394,809
Operating expenses	405,851			1,896,128			1,166,773			—			3,468,752
Operating income (loss)	(405,851		)	1,245,300			86,608			—			926,057
Interest expense (income)	216,415			(80,002		)	37,729			—			174,142
Other expense (income), net	(9,913		)	(829		)	(12,262		)	—			(23,004		)
Earnings (losses) before income taxes	(612,353		)	1,326,131			61,141			—			774,919
Income tax (benefit) provision	(203,956		)	441,691			20,365			—			258,100
Equity in earnings of subsidiaries	925,216			—			—			(925,216		)	—
Net earnings	516,819			884,440			40,776			(925,216		)	516,819
Other comprehensive income (loss)	(121,980		)	—			(227,849		)	227,849			(121,980		)
Comprehensive income	$	394,839		$	884,440		$	(187,073	)	$	(697,367	)	$	394,839

	Condensed Consolidating Statement of Comprehensive Income
	For the 26-Week Period Ended Dec. 27, 2014
	Sysco			Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Eliminations			Consolidated Totals
	(In thousands)
Sales	$	—		$	16,350,298		$	8,871,628		$	(689,771	)	$	24,532,155
Cost of sales	—			13,349,267			7,598,805			(689,771		)	20,258,301
Gross profit	—			3,001,031			1,272,823			—			4,273,854
Operating expenses	447,509			1,845,332			1,199,954			—			3,492,795
Operating income (loss)	(447,509		)	1,155,699			72,869			—			781,059
Interest expense (income)	144,395			(45,975		)	9,556			—			107,976
Other expense (income), net	(480		)	(764		)	1,263			—			19
Earnings (losses) before income taxes	(591,424		)	1,202,438			62,050			—			673,064
Income tax (benefit) provision	(207,611		)	422,101			21,782			—			236,272
Equity in earnings of subsidiaries	820,605			—			—			(820,605		)	—
Net earnings	436,792			780,337			40,268			(820,605		)	436,792
Other comprehensive income (loss)	(185,993		)	—			(163,107		)	163,107			(185,993		)
Comprehensive income	$	250,799		$	780,337		$	(122,839	)	$	(657,498	)	$	250,799

	Condensed Consolidating Cash Flows
	For the 26-Week Period Ended Dec. 26, 2015
	Sysco			Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows provided by (used for):
Operating activities	$	(576,817	)	$	427,995		$	617,703		$	468,881
Investing activities	123,371			(43,744		)	(246,913		)	(167,286		)
Financing activities	(4,871,105		)	(1,003		)	76,773			(4,795,335		)
Effect of exchange rates on cash	—			—			(40,702		)	(40,702		)
Intercompany activity	679,954			(343,252		)	(336,702		)	—
Net increase (decrease) in cash and cash equivalents	(4,644,597		)	39,996			70,159			(4,534,442		)
Cash and cash equivalents at the beginning of period	4,851,067			26,380			252,597			5,130,044
Cash and cash equivalents at the end of period	$	206,470		$	66,376		$	322,756		$	595,602

Condensed consolidating cash flows table

	Condensed Consolidating Cash Flows
	For the 26-Week Period Ended Dec. 26, 2015
	Sysco			Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows provided by (used for):
Operating activities	$	(576,817	)	$	427,995		$	617,703		$	468,881
Investing activities	123,371			(43,744		)	(246,913		)	(167,286		)
Financing activities	(4,871,105		)	(1,003		)	76,773			(4,795,335		)
Effect of exchange rates on cash	—			—			(40,702		)	(40,702		)
Intercompany activity	679,954			(343,252		)	(336,702		)	—
Net increase (decrease) in cash and cash equivalents	(4,644,597		)	39,996			70,159			(4,534,442		)
Cash and cash equivalents at the beginning of period	4,851,067			26,380			252,597			5,130,044
Cash and cash equivalents at the end of period	$	206,470		$	66,376		$	322,756		$	595,602

	Condensed Consolidating Cash Flows
	For the 26-Week Period Ended Dec. 27, 2014
	Sysco			Certain U.S.  Broadline Subsidiaries			Other Non-Guarantor Subsidiaries			Consolidated Totals
	(In thousands)
Cash flows provided by (used for):
Operating activities	$	(111,482	)	$	654,460		$	(90,540	)	$	452,438
Investing activities	(59,843		)	(62,747		)	(222,578		)	(345,168		)
Financing activities	4,391,966			2,161			32,639			4,426,766
Effect of exchange rates on cash	—			—			(39,405		)	(39,405		)
Intercompany activity	324,639			(600,204		)	275,565			—
Net increase (decrease) in cash and cash equivalents	4,545,280			(6,330		)	(44,319		)	4,494,631
Cash and cash equivalents at the beginning of period	158,957			27,772			226,317			413,046
Cash and cash equivalents at the end of period	$	4,704,237		$	21,442		$	181,998		$	4,907,677