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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2020
Jun. 29, 2019
Current assets    
Cash and cash equivalents $ 2,240,807 $ 513,460
Accounts and notes receivable, less allowances of $246,076 and $28,176 3,656,219 4,181,696
Inventories 3,697,515 3,216,034
Prepaid expenses and other current assets 234,857 210,582
Income tax receivable 28,377 19,733
Total current assets 9,857,775 8,141,505
Plant and equipment at cost, less accumulated depreciation 4,604,618 4,501,705
Other long-term assets    
Goodwill 3,862,725 3,896,226
Intangibles, less amortization 802,593 857,301
Deferred income taxes 168,496 80,760
Operating lease right-of-use assets, net 620,556  
Other assets 515,569 489,025
Total other long-term assets 5,969,939 5,323,312
Total assets 20,432,332 17,966,522
Current liabilities    
Notes payable 4,314 3,957
Accounts payable 3,969,004 4,314,620
Accrued expenses 1,721,100 1,729,941
Accrued income taxes 0 17,343
Current operating lease liabilities 102,994  
Current maturities of long-term debt 827,597 37,322
Total current liabilities 6,625,009 6,103,183
Long-term liabilities    
Long-term debt 10,023,250 8,122,058
Deferred income taxes 128,848 172,232
Long-term operating lease liabilities 543,127  
Other long-term liabilities 1,051,655 1,031,020
Total long-term liabilities 11,746,880 9,325,310
Noncontrolling interest 31,553 35,426
Shareholders’ equity    
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none 0 0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares 765,175 765,175
Paid-in capital 1,528,893 1,457,419
Retained earnings 11,407,033 11,229,679
Accumulated other comprehensive loss (1,665,522) (1,599,729)
Treasury stock at cost, 257,976,491 and 252,297,926 shares (10,006,689) (9,349,941)
Total shareholders’ equity 2,028,890 2,502,603
Total liabilities and shareholders’ equity $ 20,432,332 $ 17,966,522