XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Results of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Mar. 31, 2018
Apr. 01, 2017
Income Statement [Abstract]        
Sales $ 14,349,504 $ 13,524,172 $ 43,411,418 $ 40,950,094
Cost of sales 11,673,876 10,990,037 35,242,736 33,152,177
Gross profit 2,675,628 2,534,135 8,168,682 7,797,917
Operating expenses 2,189,695 2,098,173 6,527,375 6,302,705
Operating income 485,933 435,962 1,641,307 1,495,212
Interest expense 136,145 81,004 303,015 226,858
Other expense (income), net (15,096) (4,815) (24,776) (14,351)
Earnings before income taxes 364,884 359,773 1,363,068 1,282,705
Income taxes 34,799 121,495 381,230 445,373
Net earnings $ 330,085 $ 238,278 $ 981,838 $ 837,332
Net earnings:        
Basic earnings per share (in dollars per share) $ 0.63 $ 0.44 $ 1.88 $ 1.53
Diluted earnings per share (in dollars per share) $ 0.63 $ 0.44 $ 1.85 $ 1.52
Average shares outstanding (in shares) 521,832,671 539,291,561 523,468,845 546,619,776
Diluted shares outstanding (in shares) 527,990,563 544,068,915 529,434,527 551,797,431
Dividends declared per common share (in dollars per share) $ 0.36 $ 0.33 $ 1.05 $ 0.97