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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 27, 2021
Jun. 27, 2020
Current assets    
Cash and cash equivalents $ 4,895,723 $ 6,059,427
Accounts receivable, less allowances of $211,607 and $334,810 3,220,659 2,893,551
Inventories 3,218,827 3,095,085
Prepaid expenses and other current assets 250,022 192,163
Income tax receivable 1,534 108,006
Total current assets 11,586,765 12,348,232
Plant and equipment at cost, less accumulated depreciation 4,297,862 4,458,567
Other long-term assets    
Goodwill 3,932,570 3,732,469
Intangibles, less amortization 769,503 780,172
Deferred income taxes 321,674 194,115
Operating lease right-of-use assets, net 661,474 603,616
Other assets 473,433 511,095
Total other long-term assets 6,158,654 5,821,467
Total assets 22,043,281 22,628,266
Current liabilities    
Notes payable 8,315 2,266
Accounts payable 4,221,252 3,447,065
Accrued expenses 1,645,139 1,616,289
Accrued income taxes 64,159 2,938
Current operating lease liabilities 111,761 107,167
Current maturities of long-term debt 957,303 1,542,128
Total current liabilities 7,007,929 6,717,853
Long-term liabilities    
Long-term debt 11,741,114 12,902,485
Deferred income taxes 49,426 86,601
Long-term operating lease liabilities 586,479 523,496
Other long-term liabilities 1,228,265 1,204,953
Total long-term liabilities 13,605,284 14,717,535
Noncontrolling interest 34,471 34,265
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 1,594,561 1,506,901
Retained earnings 10,241,666 10,563,008
Accumulated other comprehensive loss (1,352,446) (1,710,881)
Treasury stock at cost, 253,817,013 and 256,915,825 shares (9,853,359) (9,965,590)
Total shareholders’ equity 1,395,597 1,158,613
Total liabilities and shareholders’ equity $ 22,043,281 $ 22,628,266