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Marketable Securities
9 Months Ended
Mar. 28, 2020
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities MARKETABLE SECURITIESSysco invests a portion of the assets held by its wholly owned captive insurance subsidiary in a restricted investment portfolio of marketable fixed income securities, which have been classified and accounted for as available-for-sale. The company includes fixed income securities maturing in less than twelve months within Prepaid expenses and other current assets and includes fixed income securities maturing in more than twelve months within Other assets in the accompanying Consolidated Balance Sheets. The company records the amounts at fair market value, which is determined using quoted market prices at the end of the reporting period. Unrealized gains and losses on marketable securities are recorded in Accumulated
other comprehensive loss. The following table presents the company’s available-for-sale marketable securities as of March 28, 2020 and June 29, 2019:

Mar. 28, 2020
Amortized Cost BasisGross Unrealized GainsGross Unrealized LossesFair ValueShort-Term Marketable SecuritiesLong-Term Marketable Securities
(In thousands)
Fixed income securities:
Corporate bonds$81,760  $885  $(359) $82,286  $11,976  $70,310  
Government bonds28,700  3,770  —  32,470  —  32,470  
Total marketable securities$110,460  $4,655  $(359) $114,756  $11,976  $102,780  
Jun. 29, 2019
Amortized Cost BasisGross Unrealized GainsGross Unrealized LossesFair ValueShort-Term Marketable SecuritiesLong-Term Marketable Securities
(In thousands)
Fixed income securities:
Corporate bonds$87,540  $1,734  $—  $89,274  $12,006  $77,268  
Government bonds28,900  1,845  —  30,745  —  30,745  
Total marketable securities$116,440  $3,579  $—  $120,019  $12,006  $108,013  

The fixed income securities held at March 28, 2020 had effective maturities ranging from less than one year to approximately ten years. There were no significant realized gains or losses in marketable securities in the third quarter or the first 39 weeks of fiscal 2020.