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CONSOLIDATED CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jul. 01, 2017
Cash flows from operating activities:      
Net earnings $ 1,674,271 $ 1,430,766 $ 1,142,503
Adjustments to reconcile net earnings to cash provided by operating activities:      
Share-based compensation expense 104,904 93,841 83,883
Depreciation and amortization 763,935 765,498 901,992
Amortization of debt issuance and other debt-related costs 21,382 28,474 31,852
Gain on sale of business (66,309) 0 0
Loss on extinguishment of debt 0 53,104 0
Deferred income taxes (126,719) 187,908 (51,846)
Provision for losses on receivables 62,946 21,448 20,672
Other non-cash items (3,172) 3,986 6,704
Additional changes in certain assets and liabilities, net of effect of businesses acquired:      
(Increase) decrease in receivables (203,458) (37,457) 20,452
(Increase) in inventories (114,667) (89,737) (113,647)
(Increase) decrease in prepaid expenses and other current assets (18,535) (19,643) 8,158
Increase in accounts payable 246,420 76,897 322,775
Increase (decrease) in accrued expenses 137,517 47,105 (4,476)
Increase (decrease) in accrued income taxes 4,929 (10,652) (74,590)
(Increase) in other assets (21,346) (81,104) (43,236)
(Decrease) in other long-term liabilities (50,891) (315,054) (18,629)
Net cash provided by operating activities 2,411,207 2,155,380 2,232,567
Cash flows from investing activities:      
Additions to plant and equipment (692,391) (687,815) (686,378)
Proceeds from sales of plant and equipment 20,941 22,255 23,715
Acquisition of businesses, net of cash acquired (106,616) (248,105) (2,921,798)
Proceeds from sale of business 149,879 0 0
Purchase of marketable securities (116,440) 0 0
Other investing activities 1,772 3,252 6,787
Net cash used for investing activities (742,855) (910,413) (3,577,674)
Cash flows from financing activities:      
Bank and commercial paper borrowings (repayments), net 132,100 (119,700) 119,700
Other debt borrowings 388,180 1,000,599 753,834
Other debt repayments (790,250) (552,036) (143,664)
Tender and redemption premiums for senior notes 0 (281,762) 0
Proceeds from stock option exercises 253,135 268,751 204,805
Treasury stock purchases (1,022,033) (978,901) (1,886,121)
Dividends paid (775,430) (722,158) (698,647)
Other financing activities (22,976) (25,262) (32,494)
Net cash used for financing activities (1,837,274) (1,410,469) (1,682,587)
Effect of exchange rates on cash, cash equivalents and restricted cash (14,677) 11,844 (22,104)
Net decrease in cash, cash equivalents and restricted cash (183,599) (153,658) (3,049,798)
Cash, cash equivalents and restricted cash at beginning of period 715,844 869,502 3,919,300
Cash, cash equivalents and restricted cash at end of period 532,245 715,844 869,502
Supplemental disclosures of cash flow information:      
Interest 346,670 301,672 285,025
Income taxes $ 531,103 $ 268,384 $ 761,384