Basis of Presentation (Tables)

3 Months Ended

Sep. 28, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of reconciliation of cash, cash equivalents and restricted cash

The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows:

	Sep. 28, 2019		Sep. 29, 2018
	(In thousands)
Cash and cash equivalents	$	455,482	$	790,304
Restricted cash (1)	58,938		163,067
Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows	$	514,420	$	953,371

⁽¹⁾ 

Restricted cash primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. Restricted cash is located within Other assets in each consolidated balance sheet.

Restrictions on cash and cash equivalents

The following table sets forth the company’s reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows:

	Sep. 28, 2019		Sep. 29, 2018
	(In thousands)
Cash and cash equivalents	$	455,482	$	790,304
Restricted cash (1)	58,938		163,067
Total cash, cash equivalents and restricted cash shown in the Consolidated Statement of Cash Flows	$	514,420	$	953,371

⁽¹⁾  Restricted cash primarily represents cash and cash equivalents of Sysco’s wholly owned captive insurance subsidiary, restricted for use to secure the insurer’s obligations for workers’ compensation, general liability and auto liability programs. Restricted cash is located within Other assets in each consolidated balance sheet.