XML 23 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Results of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 01, 2016
Sep. 26, 2015
Income Statement [Abstract]    
Sales $ 13,968,654 $ 12,562,611
Cost of sales 11,276,735 10,324,616
Gross profit 2,691,919 2,237,995
Operating expenses 2,125,086 1,744,521
Operating income 566,833 493,474
Interest expense 73,623 126,907
Other expense (income), net (7,216) (15,240)
Earnings before income taxes 500,426 381,807
Income taxes 176,539 137,387
Net earnings $ 323,887 $ 244,420
Net earnings:    
Basic earnings per share (in dollars per share) $ 0.58 $ 0.41
Diluted earnings per share (in dollars per share) $ 0.58 $ 0.41
Average shares outstanding (in shares) 555,437,764 596,698,935
Diluted shares outstanding (in shares) 560,954,068 600,789,913
Dividends declared per common share (in dollars per share) $ 0.31 $ 0.3