XML 134 R111.htm IDEA: XBRL DOCUMENT v3.19.2
QUARTERLY RESULTS (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Jun. 29, 2019
Mar. 30, 2019
Dec. 29, 2018
Sep. 29, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 30, 2017
Sep. 30, 2017
Jun. 29, 2019
Jun. 30, 2018
Jul. 01, 2017
Quarterly Financial Data [Abstract]                      
Sales $ 15,474,862 $ 14,658,074 $ 14,765,707 $ 15,215,279 $ 15,315,906 $ 14,349,504 $ 14,411,490 $ 14,650,424 $ 60,113,922 $ 58,727,324 $ 55,371,139
Cost of sales 12,495,670 11,903,776 11,993,995 12,311,494 12,399,197 11,673,876 11,712,104 11,856,756 48,704,935 47,641,933 44,813,632
Gross profit 2,979,192 2,754,298 2,771,712 2,903,785 2,916,709 2,675,628 2,699,386 2,793,668 11,408,987 11,085,391 10,557,507
Operating expenses 2,258,662 2,224,713 2,319,817 2,275,645 2,232,773 2,193,425 2,170,834 2,174,303 9,078,837 8,771,335 8,502,891
Operating income 720,530 529,585 451,895 628,140 683,936 482,203 528,552 619,365 2,330,150 2,314,056 2,054,616
Interest expense 89,780 94,514 87,113 89,016 92,468 136,145 85,986 80,884 360,423 395,483 302,878
Other (income) expense, net (51,558) 4,120 10,197 1,132 (1,688) (18,826) (9,162) (7,975) (36,109) (37,651) (14,492)
Earnings before income taxes 682,308 430,951 354,585 537,992 593,156 364,884 451,728 546,456 2,005,836 1,956,224 1,766,230
Income taxes 146,542 (9,132) 87,205 106,950 144,228 34,799 167,615 178,816 331,565 525,458 623,727
Net earnings $ 535,766 $ 440,083 $ 267,380 $ 431,042 $ 448,928 $ 330,085 $ 284,113 $ 367,640 $ 1,674,271 $ 1,430,766 $ 1,142,503
Per Share:                      
Basic net earnings (in dollars per share) $ 1.04 $ 0.86 $ 0.52 $ 0.83 $ 0.86 $ 0.63 $ 0.55 $ 0.70 $ 3.24 $ 2.74 $ 2.10
Diluted net earnings (in dollars per share) 1.03 0.85 0.51 0.81 0.85 0.63 0.54 0.69 3.20 2.70 2.08
Dividends declared (in dollars per share) $ 0.39 $ 0.39 $ 0.39 $ 0.36 $ 0.36 $ 0.36 $ 0.36 $ 0.33 $ 1.53 $ 1.41 $ 1.30
Foreign tax credits                 $ 95,100    
Gain on sale of business $ 66,300               66,309 $ 0 $ 0
Loss on extinguishment of debt           $ 53,100     $ 0 $ 53,104 $ 0
Employer contribution           $ 380,000