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CHANGES IN CONSOLIDATED SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cash flow hedging
Net investment hedging
Common Stock
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Cash flow hedging
Accumulated Other Comprehensive Loss
Net investment hedging
Treasury Stock
Beginning balance, shareholders' equity at Jun. 27, 2015 $ 5,260,224     $ 765,175 $ 1,213,999 $ 8,751,985 $ (923,197)     $ (4,547,738)
Beginning balance, shareholders' equity (in shares) at Jun. 27, 2015       765,174,900           170,857,231
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net earnings 949,622         949,622        
Foreign currency translation adjustment (39,080)           (39,080)      
Amortization of cash flow hedges, net of tax 7,111           7,111      
Change in fair value of cash flow hedges, net of tax (3,779)           (3,779)      
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 20,344           20,344      
Pension funded status adjustment, net of tax (419,517)           (419,517)      
Dividends declared (695,469)         (695,469)        
Treasury stock purchases (1,949,445)                 $ (1,949,445)
Treasury stock purchases (in shares)                   44,716,180
Share-based compensation awards 349,597       67,141         $ 282,456
Share-based compensation awards (in shares)                   (9,995,927)
Ending balance, shareholders' equity at Jul. 02, 2016 3,479,608     $ 765,175 1,281,140 9,006,138 (1,358,118)     $ (6,214,727)
Ending balance, shareholders' equity (in shares) at Jul. 02, 2016       765,174,900           205,577,484
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net earnings 1,142,503         1,142,503        
Increase in ownership interest in subsidiaries (39,991)       (39,991)          
Foreign currency translation adjustment (11,243)           (11,243)      
Amortization of cash flow hedges, net of tax 7,082           7,082      
Change in fair value of cash flow hedges, net of tax   $ (6,698) $ (24,012)         $ (6,698) $ (24,012)  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 32,969           32,969      
Pension funded status adjustment, net of tax 97,283           97,283      
Dividends declared (700,886)         (700,886)        
Treasury stock purchases (1,886,121)                 $ (1,886,121)
Treasury stock purchases (in shares)                   36,224,078
Share-based compensation awards 291,022       86,217         $ 204,805
Share-based compensation awards (in shares)                   (6,665,863)
Ending balance, shareholders' equity at Jul. 01, 2017 2,381,516     $ 765,175 1,327,366 9,447,755 (1,262,737)     $ (7,896,043)
Ending balance, shareholders' equity (in shares) at Jul. 01, 2017       765,174,900           235,135,699
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Reclassification of accumulated other comprehensive loss to retained earnings [1] 0         236,445 (236,445)      
Net earnings 1,430,766         1,430,766        
Increase in ownership interest in subsidiaries (31,072)         (31,072)        
Foreign currency translation adjustment (22,987)           (22,987)      
Amortization of cash flow hedges, net of tax 8,240           8,240      
Change in fair value of cash flow hedges, net of tax   $ 14,343 $ 5,791         $ 14,343 $ 5,791  
Reclassification of pension and other postretirement benefit plans amounts to net earnings, net of tax 32,015           32,015      
Pension funded status adjustment, net of tax 52,511           52,511      
Dividends declared (735,266)         (735,266)        
Treasury stock purchases (956,502)                 $ (956,502)
Treasury stock purchases (in shares)                   17,473,973
Share-based compensation awards 327,602       56,253         $ 271,349
Share-based compensation awards (in shares)                   (8,076,424)
Ending balance, shareholders' equity at Jun. 30, 2018 $ 2,506,957     $ 765,175 $ 1,383,619 $ 10,348,628 $ (1,409,269)     $ (8,581,196)
Ending balance, shareholders' equity (in shares) at Jun. 30, 2018       765,174,900           244,533,248
[1] Deferred taxes stranded in accumulated other comprehensive income (AOCI) as a result of the Tax Cuts and Jobs Act of 2017 (the Tax Act) were reclassified to retained earnings as a result of early adopting Accounting Standards Update (ASU) 2018-02.