XML 20 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Results of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Income Statement [Abstract]    
Sales $ 14,650,424 $ 13,968,654
Cost of sales 11,856,756 11,276,735
Gross profit 2,793,668 2,691,919
Operating expenses 2,170,576 2,125,086
Operating income 623,092 566,833
Interest expense 80,884 73,623
Other expense (income), net (4,248) (7,216)
Earnings before income taxes 546,456 500,426
Income taxes 178,816 176,539
Net earnings $ 367,640 $ 323,887
Net earnings:    
Basic earnings per share (in dollars per share) $ 0.70 $ 0.58
Diluted earnings per share (in dollars per share) $ 0.69 $ 0.58
Average shares outstanding (in shares) 527,289,675 555,437,764
Diluted shares outstanding (in shares) 533,063,426 560,954,068
Dividends declared per common share (in dollars per share) $ 0.33 $ 0.31