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Basis of Presentation (Tables)
6 Months Ended
Dec. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of reconciliation of cash, cash equivalents and restricted cash
The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Statement of Cash Flows that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows:
 
Dec. 30, 2017
 
Dec. 31, 2016
 
(In thousands)
Cash and cash equivalents
$
961,067

 
$
847,292

Restricted cash (1)
152,878

 

Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows
$
1,113,945

 
$
847,292


(1) Restricted cash as of December 30, 2017 represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, formed in the second quarter of fiscal 2018, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs.
Restrictions on cash and cash equivalents
The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Statement of Cash Flows that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows:
 
Dec. 30, 2017
 
Dec. 31, 2016
 
(In thousands)
Cash and cash equivalents
$
961,067

 
$
847,292

Restricted cash (1)
152,878

 

Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows
$
1,113,945

 
$
847,292


(1) Restricted cash as of December 30, 2017 represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, formed in the second quarter of fiscal 2018, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. Restricted cash is located within other assets in the consolidated balance sheet as of December 30, 2017.