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CONSOLIDATED CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Jun. 27, 2015
Cash flows from operating activities:      
Net earnings $ 1,142,503 $ 949,622 $ 686,773
Adjustments to reconcile net earnings to cash provided by operating activities:      
Share-based compensation expense 83,883 79,466 73,766
Depreciation and amortization 901,992 662,710 553,021
Amortization of debt issuance and other debt-related costs 31,852 45,137 27,943
Loss on extinguishment of debt 0 86,460 0
Loss on foreign exchange remeasurement 0 101,228 0
Deferred income taxes (51,846) 93,871 (4,705)
Provision for losses on receivables 20,672 20,372 17,996
Other non-cash items 6,704 23,347 (24,205)
Additional changes in certain assets and liabilities, net of effect of businesses acquired:      
Decrease (increase) in receivables 20,452 (27,311) (11,741)
(Increase) decrease in inventories (113,647) 66,937 (125,232)
Decrease (increase) in prepaid expenses and other current assets 8,158 (8,468) (10,508)
Increase in accounts payable 322,775 23,863 72,516
(Decrease) increase in accrued expenses (28,422) (178,275) 464,403
(Decrease) increase in accrued income taxes (74,590) 231,542 (32,843)
(Increase) in other assets (36,449) (6,639) (10,745)
(Decrease) in other long-term liabilities (18,629) (196,190) (105,501)
Excess tax benefits from share-based compensation arrangements (38,983) (34,530) (15,454)
Net cash provided by operating activities 2,176,425 1,933,142 1,555,484
Cash flows from investing activities:      
Additions to plant and equipment (686,378) (527,346) (542,830)
Proceeds from sales of plant and equipment 23,715 23,511 24,472
Acquisition of businesses, net of cash acquired (2,921,798) (219,218) (115,862)
Decrease (increase) in restricted cash 0 168,274 (20,126)
Purchase of foreign currency options 0 (103,501) 0
Proceeds from the sales of foreign currency options 0 57,452 0
Net cash used for investing activities (3,584,461) (600,828) (654,346)
Cash flows from financing activities:      
Bank and commercial paper borrowings (repayments), net 119,700 0 (129,999)
Other debt borrowings including senior notes 753,834 5,134,709 5,041,032
Other debt repayments (143,664) (126,797) (354,007)
Redemption of senior notes 0 (5,050,000) 0
Debt issuance costs (8,599) (39,676) (30,980)
Cash paid for settlement of cash flow hedge 0 (6,134) 0
Cash received (paid) from termination of interest rate swap agreements 0 14,496 (188,840)
Proceeds from stock option exercises 204,805 282,455 240,176
Treasury stock purchases (1,886,121) (1,949,445) 0
Dividends paid (698,647) (698,869) (695,274)
Excess tax benefits from share-based compensation arrangements 38,983 34,530 15,454
Net cash (used for) provided by financing activities (1,619,709) (2,404,731) 3,897,562
Effect of exchange rates on cash and cash equivalents (22,104) (138,327) (81,702)
Net (decrease) increase in cash and cash equivalents (3,049,849) (1,210,744) 4,716,998
Cash and cash equivalents at beginning of period 3,919,351 5,130,044 413,046
Cash and cash equivalents at end of period 869,502 3,919,351 5,130,044
Supplemental disclosures of cash flow information:      
Interest 285,025 200,174 192,939
Income taxes 761,384 180,565 $ 376,508
Scenario, Previously Reported      
Cash flows from financing activities:      
Cash and cash equivalents at beginning of period $ 3,919,300    
Cash and cash equivalents at end of period   $ 3,919,300