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MARKETABLE SECURITIES
 12 Months Ended
Jun. 27, 2020
Investments, Debt and Equity Securities [Abstract]  
MARKETABLE SECURITIES MARKETABLE SECURITIESSysco invests a portion of the assets held by our 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 June 27, 2020 and June 29, 2019:

Jun. 27, 2020
Amortized Cost BasisGross Unrealized GainsGross Unrealized LossesFair ValueShort-Term Marketable SecuritiesLong-Term Marketable Securities
(In thousands)
Fixed income securities:
Corporate bonds$78,651 $4,064 $— $82,715 $18,233 $64,482 
Government bonds28,633 4,919 — 33,552 — 33,552 
Total marketable securities$107,284 $8,983 $— $116,267 $18,233 $98,034 

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 June 27, 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 during fiscal 2020.