Acquisitions	9 Months Ended
Mar. 30, 2019
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS During the first 39 weeks of fiscal 2019, the company paid cash of $97.5 million for acquisitions. These acquisitions did not have a material effect on the company’s operating results, cash flows or financial position. Certain acquisitions involve contingent consideration that may include earnout agreements that are typically payable over periods of up to three years in the event that certain operating results are achieved. As of March 30, 2019, aggregate contingent consideration outstanding was $19.4 million, of which $14.2 million was recorded as earnout liabilities. Earnout liabilities are all measured using unobservable inputs that are considered a Level 3 measurement. In the third quarter of fiscal 2019, Sysco consummated the acquisition of the remaining 23% interest in Iowa Premium, LLC, making the previously consolidated entity a wholly-owned subsidiary. The transaction resulted in a reduction of Sysco’s non-controlling interest within Other long-term liabilities and a reduction in Paid-in capital on the consolidated balance sheet for the period ended March 30, 2019. The company is in the process of selling all of its interests in Iowa Premium, LLC and expects to consummate this sale in the near term. The held for sale assets and the held for sale liabilities are not significant to the consolidated balance sheet of Sysco.

Acquisitions

9 Months Ended

Mar. 30, 2019

ACQUISITIONS

During the first 39 weeks of fiscal 2019, the company paid cash of $97.5 million for acquisitions. These acquisitions did not have a material effect on the company’s operating results, cash flows or financial position. Certain acquisitions involve contingent consideration that may include earnout agreements that are typically payable over periods of up to three years in the event that certain operating results are achieved. As of March 30, 2019, aggregate contingent consideration outstanding was $19.4 million, of which $14.2 million was recorded as earnout liabilities. Earnout liabilities are all measured using unobservable inputs that are considered a Level 3 measurement.

In the third quarter of fiscal 2019, Sysco consummated the acquisition of the remaining 23% interest in Iowa Premium, LLC, making the previously consolidated entity a wholly-owned subsidiary. The transaction resulted in a reduction of Sysco’s non-controlling interest within Other long-term liabilities and a reduction in Paid-in capital on the consolidated balance sheet for the period ended March 30, 2019. The company is in the process of selling all of its interests in Iowa Premium, LLC and expects to consummate this sale in the near term. The held for sale assets and the held for sale liabilities are not significant to the consolidated balance sheet of Sysco.