Subsequent Events (Tables)

9 Months Ended

Mar. 28, 2020

Subsequent Events [Abstract]

Schedule of Long-term Debt Instruments

On February 13, 2020, Sysco issued senior notes (the Notes) totaling $1.0 billion. Details of the Notes are as follows:

Maturity Date	Par Value (in millions)		Coupon Rate		Pricing (percentage of par)
February 15, 2030 (the 2030 Notes) (1)	$	500	2.40	%	99.647	%
February 15, 2050 (the 2050 Notes)	500		3.30		99.811

⁽¹⁾ The net proceeds from this issuance have been and will be used to fund, in whole or in part, “Eligible Projects.” “Eligible Projects” are investments and expenditures made by Sysco in new projects and projects that have received funding in the three years prior to the issuance of the 2030 notes, which meet one or more of the following categories of eligible criteria: (1) renewable energy; (2) energy efficiency; (3) clean transportation; (4) waste reduction; (5) sustainable water and wastewater management; (6) environmentally sustainable management of living natural resources and land use/food security; (7) aquatic biodiversity conservation/food security; and (8) socioeconomic advancement and empowerment.

On April 2, 2020, which is in Sysco's fourth quarter of fiscal 2020, Sysco issued senior notes (Senior Notes) totaling $4.0 billion in aggregate principal amount in order to enhance the company’s liquidity position in response to the COVID-19 pandemic. Details of the senior notes are as follows:

Maturity Date	Par Value (in millions)	Coupon Rate		Pricing (percentage of par)
April 1, 2025 (the 5.650% Senior Notes due 2025)	750	5.65	%	99.931	%
April 1, 2030 (the 5.950% Senior Notes due 2030)	1,250	5.95		99.792
April 1, 2040 (the 6.600% Senior Notes due 2040)	750	6.60		99.802
April 1, 2050 (the 6.600% Senior Notes due 2050)	1,250	6.60		99.767