CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 27, 2020	Jun. 29, 2019
Current assets
Cash and cash equivalents	$ 6,059,427	$ 513,460
Accounts receivable, less allowances of $334,810 and $28,176	2,893,551	4,181,696
Inventories	3,095,085	3,216,034
Prepaid expenses and other current assets	192,163	210,582
Income tax receivable	108,006	19,733
Total current assets	12,348,232	8,141,505
Plant and equipment at cost, less accumulated depreciation	4,458,567
Plant and equipment at cost, less accumulated depreciation	4,458,567	4,501,705
Other long-term assets
Goodwill	3,732,469	3,896,226
Intangibles, less amortization	780,172	857,301
Deferred income taxes	194,115	80,760
Operating lease right-of-use assets, net	603,616
Other assets	511,095	489,025
Total other long-term assets	5,821,467	5,323,312
Total assets	22,628,266	17,966,522
Current liabilities
Notes payable	2,266	3,957
Accounts payable	3,447,065	4,314,620
Accrued expenses	1,616,289	1,729,941
Accrued income taxes	2,938	17,343
Current operating lease liabilities	107,167
Current maturities of long-term debt	1,542,128	37,322
Total current liabilities	6,717,853	6,103,183
Long-term liabilities
Long-term debt	12,902,485	8,122,058
Deferred income taxes	86,601	172,232
Long-term operating lease liabilities	523,496
Other long-term liabilities	1,204,953	1,031,020
Total long-term liabilities	14,717,535	9,325,310
Commitments and contingencies
Noncontrolling interest	34,265	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	1,506,901	1,457,419
Retained earnings	10,563,008	11,229,679
Accumulated other comprehensive loss	(1,710,881)	(1,599,729)
Treasury stock at cost, 256,915,825 and 252,297,926 shares	(9,965,590)	(9,349,941)
Total shareholders’ equity	1,158,613	2,502,603
Total liabilities and shareholders’ equity	$ 22,628,266	$ 17,966,522