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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2017
Jul. 02, 2016
Mar. 26, 2016
Current assets      
Cash and cash equivalents $ 855,133 $ 3,919,300 $ 610,838
Accounts and notes receivable, less allowances of $56,525, $37,880, and $66,066 4,282,038 3,380,971 3,509,438
Inventories 2,944,327 2,639,174 2,703,635
Prepaid expenses and other current assets 139,298 114,454 119,408
Prepaid income taxes 104,765 0 16,714
Total current assets 8,325,561 10,053,899 6,960,033
Long-term assets      
Plant and equipment at cost, less depreciation 4,271,707 3,880,442 3,900,470
Goodwill 3,767,906 2,121,661 2,079,529
Intangibles, less amortization 1,085,946 207,461 193,672
Deferred income taxes 190,145 207,320 0
Other assets 279,635 251,021 217,390
Total long-term assets 9,595,339 6,667,905 6,391,061
Total assets 17,920,900 16,721,804 13,351,094
Current liabilities      
Notes payable 24,676 89,563 79,836
Accounts payable 3,849,670 2,935,982 2,906,651
Accrued expenses 1,328,773 1,289,312 1,118,410
Accrued income taxes 0 110,690 0
Current maturities of long-term debt 526,691 8,909 7,175
Total current liabilities 5,729,810 4,434,456 4,112,072
Long-term liabilities      
Long-term debt 8,026,617 7,336,930 4,274,884
Deferred income taxes 185,178 26,942 107,136
Other long-term liabilities 1,568,523 1,368,482 810,642
Total long-term liabilities 9,780,318 8,732,354 5,192,662
Commitments and contingencies
Noncontrolling interest 80,244 75,386 76,929
Shareholders' equity      
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none 0 0 0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares 765,175 765,175 765,175
Paid-in capital 1,307,914 1,281,140 1,039,236
Retained earnings 9,317,377 9,006,138 8,964,542
Accumulated other comprehensive loss (1,505,437) (1,358,118) (988,101)
Treasury stock at cost, 229,075,540, 205,577,484 and 200,223,397 shares (7,554,501) (6,214,727) (5,811,421)
Total shareholders' equity 2,330,528 3,479,608 3,969,431
Total liabilities and shareholders' equity $ 17,920,900 $ 16,721,804 $ 13,351,094