Business Segment Information

9 Months Ended

Mar. 26, 2016

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 broadline segments located in the Bahamas, Canada, Costa Rica, Ireland, Mexico and the United States. 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 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						39-Week Period Ended
	Mar. 26, 2016			Mar. 28, 2015			Mar. 26, 2016			Mar. 28, 2015
Sales:	(In thousands)						(In thousands)
Broadline	$	9,466,912		$	9,262,260		$	29,100,718		$	28,782,482
SYGMA	1,497,366			1,506,352			4,450,106			4,607,827
Other	1,392,254			1,295,287			4,285,191			3,852,182
Intersegment sales	(354,741		)	(317,240		)	(1,116,987		)	(963,677		)
Total	$	12,002,791		$	11,746,659		$	36,719,028		$	36,278,814
	13-Week Period Ended						39-Week Period Ended
	Mar. 26, 2016			Mar. 28, 2015			Mar. 26, 2016			Mar. 28, 2015
Operating income:	(In thousands)						(In thousands)
Broadline	$	636,169		$	574,688		$	1,996,331		$	1,843,664
SYGMA	9,153			5,157			20,330			18,110
Other	45,889			31,241			109,262			102,661
Total segments	691,211			611,086			2,125,923			1,964,435
Corporate expenses	(313,593		)	(283,778		)	(822,248		)	(856,068		)
Total operating income	377,618			327,308			1,303,675			1,108,367
Interest expense	57,699			69,550			231,841			177,526
Other expense (income), net	(6,952		)	(8,577		)	(29,956		)	(8,558		)
Earnings before income taxes	$	326,871		$	266,335		$	1,101,790		$	939,399

	Mar. 26, 2016		June 27, 2015		Mar. 28, 2015
Assets:	(In thousands)
Broadline	$	7,812,125	$	7,730,239	$	7,801,756
SYGMA	558,612		512,044		529,783
Other	1,557,881		1,415,038		1,402,466
Total segments	9,928,618		9,657,321		9,734,005
Corporate	3,422,476		8,331,960		8,210,140
Total	$	13,351,094	$	17,989,281	$	17,944,145